- Over the past five years, IBM has developed a suite of workplace tools powered by artificial intelligence that it’s selling to clients.
- These include an automatic assessor of employees’ skills and a tool that assists managers with determining salaries.
- Business Insider recently investigated the way "AI is changing everything," including how IBM’s tools are transforming the workplace.
- Click here for more BI Prime stories.
IBM has survived for more than a century by evolving through major technological shifts, and in 2014, it found itself at the beginning of yet another one. Changes in cloud computing (where services are accessed remotely online rather than through internal hardware), artificial intelligence, and the digital ledger system blockchain forced the tech giant to modify significant portions of its business.
Over the next five years, IBM weathered a decline in profits as it invested in new sectors, forcing it to let go of thousands of its 350,000 employees worldwide. But while CEO Ginni Rometty knew that overcoming those challenges would sometimes be painful, she and HR chief Diane Gherson developed a new approach to lessen the damage and increase long-term value.
IBM would become a "skills-based organization" — that is, employees would now be assessed primarily by their collection of skills, allowing them more flexibility in a rapidly changing environment. And AI, which was partially responsible for this sudden and drastic shift, was going to help the company adapt.
Over the past five years, IBM has developed a suite of AI-powered tools that help recruit, map career paths, and even determine salaries. IBM is not only selling some of these programs to other businesses, it’s leading the way in discovering what’s possible. Because of its influence, the programs below could find their way to your office in one form or another.
Skills inference
IBM employees used to have to answer long surveys about their skill sets, then go over them with their boss. Now, this data is collected by AI, giving teams more time to focus on the discussions rather than the paperwork. IBM estimates that the accuracy of its skills assessor is between 85% and 95%.
Blue Matching
It analyzes the aforementioned skill sets for employees and weighs them against requirements for other roles within the company. Blue Matching then alerts the employee about those particular roles.
Watson Career Coach
IBM
IBM released in 2016 a consumer version of Watson, the question-answering AI that famously made its public debut as a "Jeopardy!" contestant. Besides answering trivia questions, this technology also assists IBMers. Employees can ask Career Coach questions about their current role and skills, and the program can be used in tandem with Blue Matching to map out a potential career path.
Compensation Advisor with Watson
IBM
This tool sorts through historical data on thousands of IBM employees and those of competitors to present a salary range managers can work with, saving time and reducing the scope of judgment required. These are not mandates, but rather intended as data-based guidelines.
Read more: AI is going to change your career. IBM is showing how that can be a good thing.
Your Learning
IBM
This personalized hub of online classes allows employees to acquire new skills, from project management to cybersecurity basics, and then prove their newfound expertise to their managers. All lessons are available outside of working hours, but depending on training schedules, time can be allotted during the work day to complete them.
Cognitive Talent Insights
IBM
This tool keeps managers automatically updated with their employees’ progress, and interprets this data to make suggestions such as considering an employee for a promotion in the near future or stepping in to assist an employee in danger of missing a quota.
Application filtering
Watson helps job candidates by answering questions related to a role to ensure they’re a good fit, and helps managers by filtering through the first batch of applicants to determine those with sufficient skills
Engage at IBM
IBM has an internal social media network that allows employees to publicly discuss a range of topics, and Engage at IBM assesses it (and not external social media sites like Facebook or Twitter) to determine top talking points for the day.
Chat bots
Finally, multiple chat bots are used for specialized needs, such as the job-application process or benefits enrollment.
IBM has determined through quarterly assessments of financial and performance impacts that each of these tools is worthy of being further developed, and told us there are new ones in development. They’re more than just a fad —the company found that the AI suite saved the HR department $107 million and "thousands of hours" in 2017.
See Also:
- Here’s what you need to know about a master’s in business analytics, a one-year program that could lead to MBA-level earnings at half the cost
- 20 books that will set apart future business leaders
- Here’s exactly what it takes to get accepted into Stanford Graduate School of Business, according to 6 grads and the assistant dean of admissions
SEE ALSO: AI is going to change your career. IBM is showing how that can be a good thing.
Source: Business Insider – rfeloni@businessinsider.com (Richard Feloni)