Harnessing Data to Build the Future of Work
For years, organizations have been sitting on mountains of data, but aren’t using it all to their advantage.
While the insights we can derive from data are powerful, deciphering it can take a monumental amount of time and resources.
According to estimates, approximately 80 to 90% of enterprise storage is unstructured. Moreover, only 29% of organizations can evaluate data quickly enough to maintain a competitive advantage. And when we try to get a unified view of insights across the business, like marrying HR and finance, the data trouble seems to double.
The uncomfortable reality is that there’s only so many hours in a day, and only so much training a company can offer, to effectively harness actionable insights from data. That’s where AI comes in.
Deploying AI solutions to unify all of that unstructured data that typically sits in siloes—creating one source of truth that informs strategy—iwill separate the leaders from the laggards in the AI adoption race.
For HR leaders, this holistic view takes the guess-work out of the function. Powered by accurate, timely insights, HR leaders are empowered to proactively align HR decisions with company goals, becoming strategic business partners.
Rather than chasing insights from fragmented data pools, they can leverage insights to focus more on improving employee experiences, contributing to objectives, and elevating the human experiences within their workforce.
How Just Eat Takeaway.com Satisfies Its Appetite for Innovation
The merger of Just Eat Takeaway.com, a multinational delivery service, presented a difficult challenge: How do they grow internationally if their systems are completely separate?
Siloed data is already a challenge in the first place, so trying to manage two separate companies' data coming together is no easy feat.
They got to work by establishing a unified system for both companies to feed HR and finance data into. By doing this, the newly merged Just Eat Takeaway.com was able to:
- Establish one source of data to increase visibility and alignment.
- Improve collaboration across teams, regions, and functions.
- Enhance scalability and resilience through automation and AI.