Deloitte is innovating at the crossroads of technology and employee retention as the company explores the use of AI to reallocate employees and potentially avoid layoffs. While the consulting giant can afford custom AI tools to help with this endeavor, some companies with budget constraints can not. Enter ChatGPT, a more affordable version. If approached correctly with detailed data and specific prompts, ChatGPT is able to logically analyze the information given to assist companies in employee reallocation.
Why it matters: Utilizing AI for employee reallocation presents a cost-effective approach for businesses seeking to optimize their workforce without resorting to layoffs. This strategy not only aligns employees with suitable roles but also addresses bias concerns by anonymizing personal data.
- The step-by-step process involves gathering necessary data on employee skills, anonymizing the personal data, adding job descriptions, and analyzing the results provided by the custom AI tools once all of the data is evaluated.
- Deloitte’s exploration of AI for workforce reallocation is a shift towards prioritizing employee retention over traditional layoff methods. By tapping into the skills and potential of existing staff, companies can maintain operational efficiency.
- While ChatGPT still has some kinks to work through, the overall logic behind the chatbot’s placements appears logical and valuable.