Table of Contents Introduction The Rise of AI in HRAchieve Iconic Outcomes with AI Innovation Introduction. The core issue is that much of what is called “HR transformation” has beenbased around incremental improvements instead of the sweeping shifts The term “HR transformation” has never been more important inthe world of work. Organizations have been rocked by economic Now, with the advancement of AI, HR has a chance to embrace genuinetransformation. This technology offers the opportunity to unlock efficienciesin talent acquisition and mobility on a larger scale and new value in ways that And despite years of initiatives—such as adopting new technologies, upskillingHR professionals, and implementing employee experience programs—theresults haven’t had any lasting effect. The Bureau of Labor Statistics reports In this eBook,HiredScore, a Workday company—experts in delivering AItransformation for HR—shares how AI is empowering companies to stay ahead intalent acquisition and mobility. It highlights the tangible outcomes AI can deliver, The Rise of AI in HR. The cost of inaction:What happens without AI? A new vision for HR is emerging where AI is not only helping organizations gainefficiencies but also transforming how HR recruits, engages, and retains talent. HR teams relying on manual recruiting processes are buried in a sea of work—applications grew 4x faster than requisitions in 20242. Time-consumingscreening, inefficient and ineffective sourcing, and disconnected systems are So why does that matter now more than ever? Traditional approaches to recruitment and talent management are fallingbehind. As competition for skilled employees intensifies, along with rapidtechnological advancements, changing workforce demographics, a shifttowards non-traditional career paths, and the need for greater agility and The consequences are clear: Slower time-to-hire, missed opportunities toengage with top talent, and a greater reliance on external recruiting agencies, By personalizing experiences, promoting flexibility, and facilitating data-drivendecisions, AI not only streamlines processes but also elevates employee This creates a significant burden for recruiting teamsalready stretched thin;75%of industries report Embracing AI in HR creates a more future-ready, resilient workforce equippedto thrive in an ever-evolving environment. Organizations that neglect AI for internal mobility risk losing valuableemployees who seek growth and career advancement. When employees can’t Manual processes limit visibility into employee skills and interests, leaving HRand managers without the insights needed to proactively foster career growth. AI: The solution for HR transformation. AI helps organizations respond swiftly to regular changes in hiring needs,such as new roles and shifts in market conditions. AI’s potential is widely recognized within HR. Among HR leaders, 89% expecttheir organization to gain either moderate (43%) or major (46%) efficiencyimprovements from using AI and machine learning (ML) tools in their Rather than relying on static, manually created talent pools and pipelines,AI enables dynamic, intelligent matching of talent to opportunities. Thisadaptive approach automatically adjusts as business needs evolve, ensuringthat organizations can quickly align talent with shifting priorities. By leveraging But to succeed with AI-powered transformation, there needs to be a focus on With AI, organizations can significantly augment recruiter’s work, such asidentification of top-fit leads before a requisition is even posted, instantprioritization of top candidates, automation of reminders to stakeholders, andclear visibility into vital tasks, allowing recruiters to focus on what truly matters: AI can also empower HR stakeholders to work faster and smarter. Consider thehiring manager: many are new to the roles or hire infrequently, making themunfamiliar with systems and processes. This often leads to slow progress By reducing the burden ofmanual administrative tasks, augmenting HR andnon-HR personas, AI empowers organizations (and individuals) to make more informed decisions and deliver better outcomes. Achieve iconic outcomeswith AI innovation. Transformation vs. evolution:What’s the difference? “Transformation” and “evolution” are both terms used to describe change in HR While rethinking how work gets done with AI is a priority, leaders are seekingsolutions that deliver tangible outcomes. When approached correctly, AItransformation can revolutionize how teams operate, simplify and enhance “Transformation” is an end-to-end, more dramatic change—an adaptation to asignificant shift in the way something works. “Evolution” is more incremental— According toa recent study by BCG3, 54% of business leaders expect AI todeliver significant cost savings in 2024, and 89% rank AI and GenAI as a toptech priority—yet only 34% are satisfied with their current progress. AI is a transformational technology, but