Predictive hiring is a new class of business application that can assess whether or not new hires will succeed by establishing a profile for their behavior based on past performance. It then compares them with the job requirements to assign a probability of success. Early data is proving that this can generate significantly faster onboarding, greater engagement andretention, and higher levels of productivity and innovation.
Hiring is one of the last bastions of personal insight and intuition in the enterprise. Applying advanced analytics to employee prospects will improve the predictability and accountability of the hiring process, moving it from art toward science.
The ever-growing contingent workforce, and pressures to quickly hire high-quality candidates are accelerating the need for smart learning and talent management platforms that can offer predictions and recommendations.
As enterprises become increasingly digital and technologies become increasingly intelligent, new learning and HCM offerings are coming online to transform the learning and HCM markets.