Resource management hot topics for 2024
As we end the first quarter of 2024, we’re seeing trends emerge in resource management. ????
From industry-specific software to advanced user experience, the resource management changes will be big.?
To give you a perspective on the new resource management era, we’ve compiled three of the biggest changes you can expect.?
In this issue:
??We share 3 hot topics we expect to take over in resource management this year.?
Let’s get into it. ??
???? Hot topic 1: The move towards industry-specific resource management software
Forbes reports that only 3% of companies use standard, out-of-the-box functionality for their enterprise resource software. This indicates a strong preference for tailor-made, industry-specific solutions.?
Businesses won’t choose solutions that are one-size-fits-all. They will opt for software purposely made for their needs with industry-specific requirements at the forefront.??
? Retain’s thinking??
In our release, 1.19, we focus on advanced filters and customisations. Now, you can leverage every attribute of your resources—including custom fields—to filter and plan resources.?
This means greater control, faster resource sourcing, more tailored planning, and ultimately, more efficient use of your organisation’s most valuable assets: its people and projects.???
We offer industry-specific solutions for:?
???? Hot topic 2: Explainable AI decision-making?
As organisations move towards AI solutions, trust issues may rise as teams learn to cope with new systems and automation.?
While AI provides a lens to look through for automated resourcing, it creates a new way of doing things that undoubtedly will raise some questions. Therefore a demand for explainable AI decision-making will be required.?
领英推荐
This is often referred to as the black box issue which refers to the lack of transparency and interpretability of AI algorithms.?
AI decisions should be clear and transparent for users to understand. This helps build user trust and understanding of the AI’s choices.?
? Retain’s thinking??
In resource management, AI plays a significant factor in decision-making. For example, for our resource management software; AI matches specific people and skills to the most relevant jobs.?
To help users understand how AI makes this decision, we clarify how a match's suitability is determined. This level of transparency also reassures all stakeholders that the results are fair, impartial, and perfectly in tune with client requirements. Retain AI acts as a copilot to help inform the decision of a Resource Manager not as a replacement.
???? Hot topic 3:? User experience backed by design?
?
The not-so-secret-secret… Excel is out and purpose-built systems are in.?
It may seem obvious, but businesses are prioritising easy-to-use solutions. More than ever, organisations recognise the enhanced benefits of modernising manual or legacy systems.
Resource management software will need to provide advanced user capabilities to ensure organisations provide their employees with the best user experience.?
? Retain’s thinking?
Enhancing user experience is at the top of our radar. Again, we look to our latest release, 1.20, about AI suitability matching improvements.
Our AI skills matching feature helps ensure that your projects are always matched with the right resources and the needed skills. It learns from previous assignments, evaluates employee performance, and comprehends skill proficiencies to tailor intelligent suggestions for you.?
The outcome? Improved project efficiency and skyrocketing client satisfaction.
?? Got any questions? Please drop a comment below or reach out directly.
Been forwarded this newsletter? Subscribe here to receive your own issues.