Companies no more hire candidates; it is candidates who hire companies now. To elaborate, more skilled individuals are looking for organizations that they are likely comfortable working in, considering the payment and employee benefits, among other perks. Also, modern-day employees are continually embracing new skills to help them stay relevant in the market. As a prompt response to this scenario, consulting firms are focusing on the bringing the best of both traditional as well as modern technology-driven approaches to shape future leaders who would inspire workers to achieve higher productivity in business.
In an ambitious bid to help employees level up their areas of expertise on a constant basis, leaders conduct employee-centric training sessions that would help them meet deadlines without compromising on the quality of results. In this avenue, consultants are considering the co-existence of Artificial Intelligence (AI) powered devices and manual workforce. Repetitive tasks are completed flawlessly by AI-powered robots, which are enabling human employees to concentrate on tasks that require intensive brainstorming. Moreover, the concept of advanced Robotics Quotient (RQ) is assisting leaders in guiding employees through on-going practical training sessions besides engaging content that describe real-life examples and solutions on how to tackle a specific business scenario. Employees are receiving regular updates on any changes made with regard to industry regulations and compliance standards, which have been a massive benefit for organizations in retaining existing employees, simultaneously attracting the smartest brains to work for them.
Thanks to AI and Machine Learning (ML) powered smart applications, employees are now capable of performing error-free tasks seamlessly. In addition, interconnected devices are promoting automation in terms of information transfer and result delivery, allowing businesses to a more considerable amount of time and resources. The extensive use of Augmented and Virtual Reality (AR/VR) is empowering leaders in informed decision-making processes, all while helping workers relate with the tasks they are assigned, making it easier to complete business processes without compromising on the quality. Added to that, consulting businesses are encouraging Human Resources (HR) teams to make extensive use of predictive analytics and assess future recruiting trends, strategizing their hiring schemes accordingly. This has been noticeably beneficial for organizations in gaining the attention of the brightest minds for their business.
With such groundbreaking concepts being absorbed into the industry, organizations are also feeling the necessity for choosing the best insurance policies for their employees, in terms of health and well-being. With the aid of Regulatory Compliance Platforms, HR teams are easily monitoring the status of each insurance policy and assessing whether they conform to the existing industry regulations.
While cutting-edge technology ensures quality for the Leadership Development landscape, it is an uphill task for organizations to decide on one from the vast assemblage of technological trends. To make this task easier, a distinguished panel comprising CEOs, CIOs, CTOs, VCs, Analysts, and the editorial board of HR Tech Outlook has selected a list of Leadership Development Service/Consulting Providers.
We present to you HR Tech Outlook’s “Top 10 Leadership Development Service/Consulting Providers 2019.”