Truth #2: Companies need to own their AI for HR

No matter what industry you’re in, nearly every organization is becoming an information technology company due to the massive amount of data being gathered about their customers and workforce.

Why companies should avoid using out-of-the-box AI models

No matter what industry you’re in, nearly every organization is becoming an information technology company due to the massive amount of data being gathered about their customers and workforce.

This massive amount of data not only captures the current state of an organization, but implicitly encodes all the decisions an organization makes. Hidden in this information are critical insights that can help form a successful roadmap for the future.

For a company to take action on its organizational data, it needs to know what it has and understand the patterns that make that data valuable for different applications.

Consider this: Based on research from executives at 57 large global companies, 99 percent of respondents said their companies were “trying to move toward a data-driven culture,” but less than 33 percent of respondents felt they had actually gotten there.

Why does that chasm exist?

Some of the primary reasons include:

  • Lack of access to the right technology
  • Leadership misalignment
  • Hesitancy to invest in a process they can’t fully defend

The latter is a crucial factor in dealing with deep learning investments. When organizations don’t own the model that has been tasked with learning from your organization’s actions, it’s difficult to protect key intellectual property and data assets.

Truth 2 of 5. Download the ebook to learn all 5.

The more prevalent AI becomes in our everyday lives, the more critical it will be to know who has access, who benefits from the insights generated, and who retains longterm ownership from your investments.

To learn more about how AI is helping modern HR and talent professionals adapt their organizations for the digital era, download our latest eBook, “The Future of AI in Five Truths.”

About Vettd

One of the biggest economic data challenges of our time is this: How can organizations be more competitive by better levering technology to identifying skill gaps and star talent to fill them?  

Vettd recognized how this challenge creates massive inefficiencies throughout the HR process. Only by understanding the true value of applicants and employees, at scale, can talent management ever be aligned with the goals of the organization. 

We founded Vettd to solve this problem using artificial intelligence. Our talent classification approach quickly distinguishes star talent qualities that are impossible for humans to recognize. By leveraging deep learning applied to natural language processing, we can help organizations interpret masses of profiles and understand the value of individuals.

Vettd’s AI-driven talent classification is a quantum leap improvement in the human resource decisions that will affect the future of your organization.

Free Ebook
Talent Classification Guide
for the AI Era of HR
Download now

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