WORKFORCE MANAGEMENT,HR STRATEGY
Culturro | November 28, 2022
Culturro today announced the launch of Risely, an AI coach for people managers and leaders. Risely helps managers in real-time to solve their daily people challenges and, in turn, helps them create high-performing teams.
"In my 17 years of career, I have worked with several managers and been a manager to many. In the last five years, we have worked with 200+ managers, and one thing became clear, managers are pivotal for any organization. Managers must ensure that the team performs optimally and meets or exceeds the management's expectations. The team and manager's working relationship impacts the end performance of the team. But often, managers are unaware of their blindspots and have little idea where things go wrong. They deal with different challenges with different people on the team. Bad working relationships impact the careers, health, and well-being of everyone involved. This is why we designed Risely,"
- Ashish Manchanda, Founder & CEO at Risely
Leadership and Manager development is ~30Bn $ market growing 10% annually. But we still observe trends such as #TheGreatResignation and #QuiteQuitting. So, what's missing, we asked ourselves. Most current solutions fail at some point and don't create the correct impact for their clients. There is a clear need for a solution that focuses on people managers' problems, is in the flow of work, works consistently at scale, and doesn't bite the pocket, added Ashish.
According to the statement from the company, Risely has been in early access so far with a host of managers from Fortune 500 companies such as SAP, Zalando, Wayfair, Axtria, Caastle, Incedo, Micron, Byju's, and AES, among others. These managers have not only been the early users of the product but have also helped shape it since the early days.
Risely has been a game-changer for my team and me. The customized tips my team and I get daily have helped us create stronger working relationships. We are more confident in our ability to deliver on our objectives, says Prashanth BN, AVP Technology at Byju's, an early Risely user.
Risely is simple to set up. The manager starts by configuring their details and the challenges they face with the team. They have the option to customize challenges for different team members. Once set up, Risely creates a Learn Journey, a step-by-step process through which Risely starts guiding the manager daily. The learning comprises a daily bite-sized learning tip focused on one challenge or skill in the Learn Journey or a detailed toolkit the manager gets at stipulated times. The manager can track their progress through different skill assessments built into the system. Additionally, Risely is offering a host of resources such as toolkits and leadership skills self-assessments for Managers.
Culturro is an HR tech company leveraging AI and People Science to solve organizational problems.
EMPLOYEE BENEFITS,WORKERS COMPENSATION
Innovation Minds | November 23, 2022
Innovation Minds, a Silicon Valley-based company, announced today the launch of their new Rewards-as-a-Service solution. With this solution, Innovation Minds is enabling companies to offer their employees tailored reward options in order to increase talent retention and satisfaction.
Motivating and rewarding employees is one of the top challenges facing organizations today. In fact, according to a recent survey, more than 60% of respondents say their company struggles to motivate and retain top talents. The Innovation Minds team is uniquely positioned to help companies with this challenge by providing personalized rewards service that creates experiences where employees are engaged and motivated throughout the day.
With this solution, companies can customize rewards based on data insights, such as reward preferences and demographics. It offers a self-service platform to let companies update or make changes to their rewards program for their employees. It also allows employees to get real-time notifications when they earn a reward and they can redeem it on their device with just a click, creating a seamless and enjoyable experience for employees.
"We believe this is an important step forward in helping employers create a more elevating work environment, Innovation Minds is focused on helping businesses create positive and engaging employee experiences. By making the rewards experience easier and more enjoyable, we are helping our customers deliver more value faster."
-Innovation Minds CEO Bala Balasubramaniam
The Innovation Minds team integrated their patented concept ‘Earn-Your-Pride-To-Reward-Your-Peers’, an innovative framework that allows employees to exchange appreciation for each other’s contribution, encouraging employees to make deep, personal connections with their team members and see how their position affects the work of others. Mike Lella, Head of Business Development added, The idea of receiving reward from an accomplished peer is much more meaningful than simply receiving recognition from management alone. Simultaneously, this notion is also encouraging a self-sustainable culture of engagement because the awardees get to enjoy the privilege of earning AND giving.
The solution features a wide range of reward options that supports 594 global brands, 45 countries and 28 currencies, customizable for each company's specific needs while being aligned with their company values. It also provides HR teams and managers with tools to measure the success of their campaign and track results.
We understand that rewards are often not enough to keep your employees motivated at work. It's about more than just giving out candy it's about creating an environment that makes work rewarding in itself. This latest upgrade will allow us to support even more companies in their efforts to drive employee engagement and retention, said Maria Bolo, Head of Customer Success at Innovation Minds.
HR ANALYTICS,EMPLOYEE EXPERIENCE
Sapia | December 14, 2022
Following its phenomenal success in transforming hiring for some of Australia's biggest retail brands, Sapia.ai is excited to grow its share of the US market in 2023 with the appointment of Russell Mikowski as President, Americas.
Mikowski brings a significant depth of knowledge around the HR tech ecosystem, having previously served as the head of sales for both iCIMS and Symphony Talent. I can't wait to show people what Sapia is capable of, Mikowski said. This technology is going to revolutionize talent acquisition. Sapia addresses commonly occurring pain points like cost-per-hire, time-to-fill, and hiring accuracy in an unbiased manner and in a way that no other product on the market can - at a time when recession-proofing recruiting process is top-of-mind for many North American businesses.
The increasing focus on skills-based hiring (something resumes are of little help with) has tilted HR tech's brightest spotlight towards products that can effectively screen and assess applicants' likelihood to perform well in a given role.
Sapia is a chat-based interview that candidates complete on their phone. It uses AI to analyze text from the chat to uncover a candidate's suitability for a job, giving everyone who desires one the opportunity to get a first interview and delivering personalized feedback about their strengths and weaknesses (not only to the hiring team, but also to the candidate). That's right - with Sapia, there's no "black hole" - every candidate who takes the chat interview gets feedback. This is especially valuable in the retail world where job applicants are also buyers and a poor candidate experience could reduce their brand loyalty as consumers.
People are being blown away by Open AI's ChatGPT and the way it answers general knowledge questions in such a human-like and accurate manner. This is the "new frontier of AI." Sapia utilizes similar technology to give recruiters and hiring managers an accurate understanding of the "person behind the resume." Even amongst those who don't get the job that they've applied for, 96.7% of candidates report that they find Sapia's feedback useful.
Sapia's average candidate happiness score is 8.8/10 - and there's minimal variability across gender and race indicating that the experience is inclusive and not strongly preferred by one group over another. Candidates that reported a disability or EASL have even higher than the average candidate happiness scores! Sapia is thinking about AI and its implications in a very different way from most other HR tech providers by applying it through a human lens that is both ethical and beneficial to the world, Mikowski said. It does this all while creating as little friction as possible for both candidates and hiring managers. And, by ethically utilizing AI, Sapia removes the likelihood that human bias for or against particular races, ethnicities, genders, ages, sexual orientations, or different abilities will creep in during the applicant screening process.
"Having worked in HR Tech for over fifteen years I can say that it's hard to come across products that actually deliver on the promises they make, Every company in this space markets their offering as having a positive impact on DE&I, but the actual results are often negligible. Sapia's product and mission are making a truly meaningful contribution to equitable hiring, and we're just scratching the surface!"
Sapia's mission is to help companies unlock and engage talent at scale. With its blind, automated chat interview and comprehensive DEI analytics platform, Sapia's technology is the first solution of its kind to disrupt biases that affects traditional recruitment processes – resulting in fair outcomes for candidates and companies.
HR ANALYTICS,EMPLOYEE EXPERIENCE
Phenom | December 20, 2022
Phenom, the global leader in Intelligent Talent Experience, today announced registration is now open for its fourth annual IAMPHENOM conference on March 28-30 in Philadelphia. Focused on the latest innovation and technology for hiring, developing and retaining talent, the in-person event will include must-attend sessions and content for all HR professionals, including talent acquisition, talent management, sourcers, recruiters, learning and development, HRIS and CHROs.
More than 600 global companies are expected to unite in the City of Brotherly Love for IAMPHENOM, where they will collaborate on leading ways to enhance recruiter efficiency, boost employee development and retention, and leverage skills and competencies through the use of intelligence, automation and experience.
Over 100 speakers featuring customers, analysts and industry visionaries will inspire attendees during 50+ sessions including keynotes, breakouts and product demonstrations. The additional Pre-Conference Training Day (March 28) will also provide attendees with hands-on training designed to help customers maximize the Phenom Intelligent Talent Experience platform, with beginner and advanced sessions available. Attendees will be eligible to earn SHRM and HRCI credits.
Fun extracurricular event activities will include a ‘Rocky Run’ culminating at the famous Philadelphia Art Museum steps, morning yoga, massages, meditation, evening entertainment and a conference gala.
“IAMPHENOM is a three-day inspirational event that brings together HR professionals across industries under one roof to collaborate and learn, We welcome anyone and everyone who is part of the HR community to join us in Philadelphia — it’s going to be phenomenal.”
-Jonathan Dale, vice president, Marketing at Phenom
More than 500 global and diverse companies use the Phenom Intelligent Talent Experience platform to connect people, data and interactions to deliver phenomenal moments with maximum efficiency throughout the talent journey.
Phenom has a purpose of helping a billion people find the right job. Through AI-powered talent experiences, employers are using Phenom to hire employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, hiring managers, HR and HRIS — empowering over 500 diverse and global enterprises with innovative products including Phenom Career Site, Chatbot, CMS, CRM, AI Scheduling, Video Assessments, Campaigns, University Recruiting, Talent Marketplace, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000’s fastest-growing companies (3 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), five Brandon Hall ‘Excellence in Technology’ awards including Gold for ‘Best Advance in AI for Business Impact,’ Business Intelligence Group's Artificial Intelligence Excellence Awards (2021 & 2022), and a regional Timmy Award for launching and optimizing HelpOneBillion.com (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom.