CEOs demand transformational growth despite ongoing challenges like economic volatility and competitive labor markets. This pressure, combined with AI advancements, evolving employee expectations, and labor market changes, has revealed limitations in traditional HR operating models. Consequently, 87% of HR leaders believe continuous HR transformation is necessary, with CHROs seeking to create future-focused HR models emphasizing agility, business alignment, and operational efficiency.
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By 2027, 75% of global midsize and large enterprises will have invested in a cloud-deployed human capital management (HCM) suite for administrative HR and talent management. By 2027, employees will initiate 30% of all HCM suite transactions through natural language command; at least one AI application will assist these transactions.
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