Human Resources For Small Business

HR consultant Daniel Strode discusses AI's impact on human resources, highlighting recruitment and data analytics as prime areas for adoption. He introduces his "5P model" emphasizing policy/governance and people/culture transformation as critical success factors. While AI adoption remains slow—only 25% of adults regularly use tools like ChatGPT—organizations are unknowingly integrating AI through software updates. Strode advocates for proper governance policies ahead of regulations like the EU AI Act, positioning AI as a collaborative tool enhancing rather than replacing human capabilities. TAKEAWAYS 5P Framework: Success requires addressing process enhancement, personalization, predictive insights, policy/governance, and people/culture transformation Governance First: Establish AI ethics policies, bias auditing, and compliance training before implementation, especially with upcoming EU AI Act regulations Human-AI Partnership: Use AI for manual processes while focusing HR professionals on strategic work li