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Navigating the Future: HR Technology Trends in 2024

By March 7, 2024May 13th, 2024No Comments
How Might 2024 Reshape HR Tech

Resources > Blog >Navigating the Future: HR Technology Trends in 2024

Navigating the Future: HR Technology Trends in 2024

Rolling Arrays
Published on Feb 20, 2024

As the business landscape evolves, so does the role of Human Resources. The year 2024 promises to be a transformative one for HR technology, with industry leaders sharing their perspectives on the trends and advancements that will shape the future.

The Business-Centric Shift in HR

“HR is no longer about HR, it’s about helping succeed in the business. That’s the mental shift and the practical application that I think in HR we’ve been working around for some time, and all the analytics, all the tools, begin to support that agenda.” – Dave Ulrich, Co-Founder & Principal – The RBL Group

Embracing Technology for Human Enhancement

“We need to quickly learn not just to co-exist with technology but to leverage the combined synergy of high-tech yet high touch to improve work lives and to improve humanity.”Peck Kem Low, CHRO & Advisor (Workforce Development) – Public Service Division, Singapore

The Rise of Gen AI in HR Technology

“Gen AI will actually drive significant investments by CEOs in order to ramp up their competitive advantage. HR leaders need to put a sharper focus on their business case and justify the investments in HR technology.”Carmen Wee, Founder & CEO – Carmen Wee & Associates

AI in Learning and Development

“Exciting experiments of applying AI into different HR areas like recruitment, people analytics are underway. Personally, I’m passionate about AI application in Learning and Development because learning is most effective when it’s individualized and customized.”Allen Lee, Head of People – Aspire

Strategic Priorities for 2024

“Key priorities include productivity efficiency and personalization, creating a huge pull for generative AI-based HR solutions capable of addressing these challenges.” – Saurabh Jain, Head of HR, Asia Pacific (Former) – ABN AMRO Bank N.V.

Generative AI Unifying HR Functions

“Generative AI may be the solution to bring the different silos of HR together, creating a more systemic HR where data talks to each other, providing a more holistic user experience.”Himanshu Tambe, Chief Delivery Officer – INSORCE

Real Use Cases for HR

“The excitement around the use of generative AI in HR will continue, with large HR platform providers integrating Gen AI or launching new solutions, bringing more real use cases for HR.”Vikas Verma, Managing Director – UOB

HR Tech in the Macro Environmental Landscape

“The key macro environmental trends from 2023 will persist, requiring organizations to strengthen resilience and focus on optimizing human capital. Generative AI and data tools will play a crucial role in enabling faster decisions and sharper predictability.” – Sui Ming Hong, Senior VP – Head People and Group Rewards – GREAT EASTERN

Reshaping HR Technology with Agility

“AI-driven tools fostering unprecedented productivity gains, new skills, and capabilities will reshape the HR technology space in 2024 with agility and efficiency.”Jeslin Lim, General Manager – Head of HR – Cycle & Carriage Singapore

Automation and HR Tech Evolution

“2024 is monumentally going to reshape HR Tech from recruitment to the employee experience. Automation and generative AI will significantly change administration, workforce analytics, and the HR Tech stack.”Manu Khetan, CEO – Rolling Arrays

Advancements in AI-Driven Tools

“Advancements in AI-driven tools for recruitment, employee engagement, and talent management, along with increased integration of data analytics and the use of virtual reality for training and development, are expected in 2024.”Li Lian Tan, CEO & Founder – Mustard Seed Consulting Group

As we step into 2024, the HR technology landscape is set for a profound transformation. The fusion of AI, data analytics, and technology is paving the way for a new era in human resource management, where innovation and human-centric approaches coalesce to redefine the future of work.

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