Digital transformation is top of mind for business leaders, and talent development is no different. The proliferation of technology solutions (such as cloud computing and artificial intelligence, or AI) can now deliver granular, real-time data that help companies enhance customer relationships, expand product development and delivery, manage risk, and improve operational processes and decision making.
Digital transformation presents talent development leaders with opportunities to revolutionize the entire employee experience via new tech and apps that support learning, recruiting, collaboration, performance management, and other HR-related services. But transformation is not a check-the-box, one-off project; it's constant and ever evolving.
Is talent development ready to embrace the opportunities—and tackle the challenges—that the digital era offers?
Key Data Points
37%
More than one out of three HR leaders feel "very confident" about the function's ability to transform and move forward via key capabilities like analytics and AI.
4 in 10
Only 40 percent of talent development and HR leaders say they have a digital workplan in place; 41 percent say work place culture is considered a top barrier to digital transformation.
Half
54 percent of HR and talent development executives say they are not currently using AI.
Sources: The Future of HR 2019: In the Know or in the No, KPMG; HR Tech Global Report 2019, HR Exchange
HR Tech Global Report 2019, HR Exchange
2/3
About two-thirds of HR executives agree that HR has undergone or is undergoing a digital transformation.
1/3
Among HR and talent development leaders who have invested in AI to date, the primary focus is on learning (35 percent) and people analytics (33 percent).
11%
One-tenth of HR and talent development executives say they are currently using machine learning for skill development.
Read more from CTDO magazine: Essential talent development content for C-suite leaders.