[kictanet] Software is Now The HR Recruitment Manager : Day 3 of 10: How to Develop Skilled Human Capital

[Wangari Kabiru]

http://fortune.com/2016/06/07/wall-street-software-jobs/

Blessed Furahi Day!

@ Bullut's very important issue on MBA selection and in general Human Capital may be redirected to an algorithm very soon.

This changes the dynamics even on policies.
- Artificial Intelligence guidelines and standards should reflect
- To advance HRD
- Avoid discrimination and exclusion
- Building confidence
- Security of personal information online and offline 

======

Wall Street Is Betting on Software to Find Top Talent

by  

Reuters JUNE 7, 2016, 8:30 AM EDT


"Wall Street is starting to feel the heat from Silicon Valley

Clinching a job on Wall Street soon may have as much to do with beating an algorithm as nailing the interview.

Goldman Sachs, Morgan Stanley  MS 2.97% , Citigroup, and UBS Group are exploring the use of artificial intelligence software to judge applicants on traits—such as teamwork, curiosity, and grit—that help in the workplace but don’t always show up on a resume or come through in an interview.

Banks are turning to the hiring software at a time when they are under pressure to cut costs and finding it difficult to lure and retain top talent. Bank executives hope that artificial intelligence will help them avoid the expense of problem hires and turnover, industry sources said.

“Up until this point, technology has only allowed you to find the best resume, but now it’s a way of truly understanding the people that are applying,” said Mark Newman, chief executive of Salt Lake City, Utah-based HireVue, a video-interviewing platform that uses artificial intelligence to screen applicants."

===

Be blessed.

Regards/Wangari

On Jun 30, 2016 13:45, Sam Oduor <sam.oduor at gmail.com> wrote:
>
> Skill development is time-consuming but the main factor is - it is very expensive globally.
>
> Curriculum's in educational institutions are not sufficient for ordinary students and newbies to master the art and in most cases post college you will end up spending a great fortune to specialize; for instance CCIE can cost you not less than 200K and months to pass.
>
>
>
> On Thu, Jun 30, 2016 at 1:20 PM, Wangari Kabiru via kictanet <kictanet at lists.kictanet.or.ke> wrote:
>>
>> "...Skill development is seen as time-consuming, which explains why most companies opt to poach from rivals instead of grooming their own...."
>>
>> Blessed Thursday!
>>
>> The above statement in the report re-emphasises the need for Bullut to get employer feedback as he considers and scouts for his MBA.
>>
>> Blessed day.
>>
>> Regards/Wangari
>>
>> On Jun 30, 2016 10:47, Watila Alex via kictanet <kictanet at lists.kictanet.or.ke> wrote:
>>>
>>> Some issues to consider when considering developing skilled human capital
>>>
>>> Four in every 10 Kenyan workers underqualified, says World Bank https://t.co/W2bpvEG8Cc https://t.co/SC94ZsQvQw
>>>
>>> https://twitter.com/ntvkenya/status/748399466839932928
>>>
>>> Share this post with more networks:
>>> http://ow.ly/L0kx100cZWp
>>>
>>> Sent from Yahoo Mail on Android
>>>
>>>> On Fri, Jun 24, 2016 at 8:30, Walubengo J via kictanet
>>>> <kictanet at lists.kictanet.or.ke> wrote:
>>>> Listers,
>>>>
>>>> Plse feel free to contribute on previous threads as long as you pick the corresponding title.  Also remember, for those wishing to directly edit the Draft ICT policy, visit Jadili platform, register and post.
>>>>
>>>> So onto todays theme:
>>>> How to Develop Skilled Human Capital 
>>>>
>>>> *ICT integration in primary, secondary, tertiary levels,
>>>> *Specialized Skills (Software /Engineering)
>>>> *Research & Development Capacity
>>>> *eLiteracy for citizens/public 
>>>>
>>>> The Background:
>>>> The Digital Literacy Program aka the Laptop project is ongoing and we probably have  to wait another 18-20yrs years to  see its impact (when today’s std 1s hit the market).  But meanwhile, we need skilled human capital to help move us from a net consumer of electronic goods and services into a net producer of the same.
>>>>
>>>> Our R&D output in general is quite low (Global Innovation Index 2015) despite the fact that we are leader at a regional level.  What should the Policy capture  to ensure Kenya churns out a constant supply of  highly skilled manpower necessary to drive the digital society.
>>>>
>>
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