talent acquisition Tag Archives - General Assembly Blog

Beyond Tomorrow: 5 Ways Business Leaders Can Prepare for the Future of AI

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GA Business leaders talk corporate strategies at a roundtable

Estimated reading time: 6 minutes

What was once thought to be a flash in the plan is now transforming businesses across the globe. If there’s anything we’ve learned this year it’s that generative AI is here to stay—and it’s here to change everything about how we live and work.

According to an IBM report, 35% of businesses worldwide are already using AI—and within the next 10 to 20 years, virtually every business and government agency will, too. Many companies are already tapping AI in new and exciting ways, from customer service chatbots to copywriting and even diagnosing medical conditions. At the same time, AI has brought ethical questions around copyright, employment and bias to the forefront. Today’s business leaders must understand how to harness the potential of AI, and learn to address the challenges it presents. 

Most critically, companies need to prepare their workforces for a new world of work, where employees will collaborate closely with AI on a daily basis. As organizations race to adopt AI and gain a competitive edge, talent with AI skills are in high demand. According to some reports, they are landing salaries of $900k. Competing in this landscape can feel like it’s impossible. We’ve got you covered with strategies that will position your workforce for an AI-powered future. 

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How to Shift Your Talent Strategy During Economic Volatility

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Today’s talent market is undergoing a major shift, and organizations are rethinking their talent strategies. After a period of massive hiring and growth, some companies are taking a step back and reducing their workforce, such as through layoffs or hiring freezes. Many organizations are taking a more thoughtful approach to hiring, selectively filling only key roles. Other companies still in growth mode see this as an opportunity to recruit top talent in a tight job market. Yet all businesses have one thing in common during times of economic volatility: a desire to shore up and future-proof their workforce against whatever comes next. 

While investments in employer branding and talent development efforts can easily fall to the wayside during economic slowdowns, companies that are in it for the long haul can’t afford to press pause. Here are three things to consider as you evolve your organization’s talent strategy in the face of uncertainty. 

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