Palm (2020)

The AI tool, Palm, offers innovative solutions for managing human capital in organizations. Its primary focus is on developing skills and advancing careers through AI technology. Palm enables organizations to map skills automatically and provides a clear visualization of the skills gap in real time, facilitating personalized career development for employees.

One of the key features of Palm is its AI-driven jobs and skills mapping. The AI can extract skills from job descriptions, assess their mastery levels, and map them efficiently. This allows organizations to identify the gap between an employee's current skills and the skills required for a role. This information is accessible in real time, making it a strategic resource for talent management.

Palm also provides simple and effective modules to manage various aspects of human capital, including career paths, talent marketplace, performance, and potential. By breaking down silos and leveraging mobility, Palm helps managers access a broader range of talent for their projects and reduces the likelihood of resignations.

For career path development, Palm emphasizes the importance of training and internal development, particularly for Generation Z. It offers personalized career paths and AI-assisted path creation, ensuring that employees have the means to progress in their careers.

Recognizing the challenges posed by cognitive biases in talent management, Palm offers an inclusive experience. It suggests opportunities regardless of gender, socio-economic, or age bias, helping to combat self-censorship and enabling every individual to realize their potential.

Palm's design also facilitates large-scale people reviews. It allows organizations to identify and develop talent effectively, enhancing performance through a customizable 9-box grid for talent positioning.

In terms of impact, Palm generates significant ROI for organizations. It saves time for HR professionals, reduces turnover due to internal mobility, and automatically detects a high percentage of skills. This digitalized, integrated approach to skills management simplifies the process for HR departments.

Overall, Palm positions itself as an essential tool for future-focused talent management, offering a range of solutions to modernize and optimize the management of human capital in organizations.