Talent tango: Fresh faces, sharp skills, or tech triumph? HR’s 2024 balancing act
The insurance industry holds significant growth potential, requiring major transformations in workforce size, employee skills, operational volumes, organisational structure and overall growth strategies. Human resource leaders face the crucial task of aligning the workforce with new industry demands. Implementing this transformation involves strategic planning, leadership approvals and selection of HR tech vendors. However, the real challenge lies in ensuring universal adoption of these tech tools among all employees. Additionally, a strong emphasis on integrating IT into HR processes is a key strategy for delivering consistently high-tech and high-touch HR services across the organisation.
Work-life jenga: Can HR help stack it right in 2024?
It is crucial to recognise that the core of HR lies in emotions. Across countries, cultures, organisations and generations, five common factors regarding employees emerge: trust, respect, flexibility, empowerment and compassion. My guidance to all HR practitioners is to focus on these elements and apply the often-overlooked senses — common sense and human sense when implementing HR programmes for employee experience (EX). Technology can never replace human emotion, and the adaptation to AI is essential for those who wish to replace those who don’t.
L&D labyrinth: AI allies, EQ echoes – How will people learn in 2024?
The landscape in 2024 is evolving towards more engaging, personalised and technologically- enhanced learning experiences, preparing learners for a dynamic and tech-driven future. The future of learning and development in 2024 is shaped by several transformative trends:
Hybrid learning model: Organisational learning can be both structured and flexible, incorporating centralised and decentralised training along with various digital resources.
VR and AR training: Augmented and virtual reality are reshaping professional learning by providing immersive, interactive experiences, that are becoming essential in adult education.
Gamification: Integrating game elements into education enhances engagement, performance and retention.
Adaptive learning: AI-driven adaptive learning personalises educational content, reflecting its growing significance in the market.
Automated graded assessments: AIpowered assessments are revolutionising evaluation with efficiency, providing rapid and unbiased feedback.
Additional trends
Microlearning: Short, focused content delivery aligns with modern attention spans and lifestyles, offering diverse and flexible learning formats.
Reskilling and upskilling: Essential practices for keeping pace with the rapidly-changing labour market and for individuals and organisations adapting to digital transformation.
As we approach 2024, it signifies a turning point, adapting to an evolving digital landscape. Looking to the future, it is crucial to equip ourselves for further transformations, navigating a world that is accelerating its pace. Let’s embrace these changes, carry forward lessons from 2023, and strategically leverage emerging trends for profitability in 2024.
This article is sponsored by Thomas Assessments
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