Korn Ferry Launches AI-based Talent Analytics Tool

In the US, consultancy firm Korn Ferry has launched an AI-enabled talent analytics platform, to help HR professionals acquire, manage and mobilize the right employees and skills.

Korn Ferry works with clients to design optimal organization structures, roles and responsibilities, helps them hire the right people and advises them on how to reward and motivate their workforce. The new 'Intelligence Cloud' tool combines HR technology with data-driven insights from its consulting work, and AI-enabled digital apps designed to help organizations gain a real-time picture of their workforce, so they can model how the business environment might change, and map the actions needed to reach their business goals.

In addition, the firm says the tool can be used for creating a talent blueprint, which it describes as the organization's best possible design of its future workforce. Specifically, it will help to focus strategy on areas of skill shortage; and can help design career paths to retain staff.

Digital division CEO Byrne Mulrooney (pictured) comments: 'Today, with so many people on the move, shortages of skills and talent are rapidly becoming business critical/ Intelligence Cloud builds on Korn Ferry's 50-plus years of consulting expertise and insights, and when combined with labor market data and our clients' HR information system (HRIS) data, the platform helps clients better understand and act on today's talent shortages and design talent strategies for the workforce of tomorrow'.

Web site: www.kornferry.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.