We think of companies as being efficient and having the best output possible, but this isn’t always the case. Indeed, in many cases, it’s far from the case. This is because, while the working systems in the office might be effective, the system that brings employees on board is inefficient. As a consequence, the company is not receiving the benefits of working with the brightest minds: they’re working with the employees that their existing hiring process hired.
And in all likelihood, that system was flawed. Why? Because we’re all prone to unconscious biases, and that includes the people that make the hiring decisions. It’s for this reason that it’s believed the gender wage gap is still as wide as it is. So if we’ve identified that it’s out biases that cause the problems, then what’s the solution? One such option is to remove these biases from the hiring processes by using AI and big data. There is AI that can help analyze a company’s workforce and determine whether it’s equal, for example; if it’s determined that it is not, then changes can be made the lead to more equal hiring choices.
Of course, there are issues with this approach — the AI can only do what it’s taught, for instance. For this reason, the system itself would have to be monitored for biases. What is clear, however, is that there is huge potential to liberate the workforce, for everyone’s benefit. To learn more, check out the infographic from the University of Maryland below.
Infographic by University of Maryland University of Maryland