FlexOS | Future Work

Nvidia CEO: Are We Ready For AI Colleagues?

November 14, 2024
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112
Nvidia CEO: Are We Ready For AI Colleagues?

I just got back from Vietnam, where I had the absolute pleasure of meeting my amazing team in person. Our offsite in Phan Thiet was a blast—sharing meals, stories, and plenty of laughs reminded me how critical ​face-to-face moments​ are for creating real connections in a remote-first world. 🌴✨

Last week, I polled readers on how employers were prepping their teams for the election, and the top response was... drumroll... "not preparing at all".  As HR leaders, the election might be behind us, but the real marathon begins now: navigating policy shifts, fostering empathetic conversations, and keeping it all together without breaking a sweat (easier said than done).

Luckily, Dr. Anna A. Tavis is here to show us how to embrace "The Future of HR" and future-proof our roles.

And about AI—while execs are excitedly adopting it and employees are scrambling to catch up, let’s be real: the real secret to leading in the AI era is upskilling yourself first. Because if you don’t know your ChatGPT from your Excel macros, who’s going to teach the rest of the team?

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FEATURED PODCAST

We often hear about the need for HR to evolve, but what does meaningful transformation actually look like? How do we move beyond traditional practices to embrace a personalized, human-centered approach that empowers employees and drives organizational success?

In today’s installment of the Future Work series, The Future of HR, Tim Reitsma sits down with Dr. Anna A. Tavis, Chair of the Human Capital Management Department at NYU and a leading voice in reimagining the workplace. With decades of experience at Motorola, Nokia, and AIG, combined with academic expertise from Princeton and Columbia, Anna shares her insights as the author of The Digital Coaching Revolution and Humans at Work: The Art and Practice of Creating the Hybrid Workplace.

Tim and Anna unpacked:

  • Personalization is the Future of HR: HR is shifting from one-size-fits-all models to personalized approaches that address each employee’s unique needs, enabling everyone to perform at their best.
  • AI is Transforming Employee Support: AI tools like digital coaching make personalized support scalable and cost-effective, providing real-time guidance tailored to individual needs.
  • Inclusivity is More Nuanced: Personalization enhances diversity and inclusion by ensuring all employees feel valued and supported regardless of background or needs.
  • From Reactive to Proactive HR: Personalized strategies prevent small issues from escalating, reducing turnover, retraining costs, and productivity losses.
  • HR as a Competitive Advantage: Organizations that embrace personalization attract top talent, boost productivity, and gain a competitive edge by fostering employee well-being and success.

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HOW HYBRID WORKS

Brought to you by Tactic

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Welcome to this week’s How Hybrid Works, your go-to section for the latest updates in hybrid work, sponsored by Tactic.

Stay ahead of the trends with expert insights, case studies, and industry news designed to help HR, workplace, and people leaders thrive in the evolving work environment.

Office Floor Plans = Workplace Culture

Our Future Work alumnus Phil Kirschner highlights how office floor plans act as windows into a company’s culture, revealing power dynamics, working styles, and organizational priorities.

Private offices often reflect entitlement and hierarchy, while the size and layout of workstations indicate openness and collaboration.

Modern designs are increasingly flexible and inclusive, shifting towards smaller, high-tech meeting spaces and hospitality-inspired community areas to create welcoming environments.

While cutting-edge technology enhances functionality, poor design can still undermine engagement and fail to bring employees back to the office.

One Vizion 2024: How Vizrt Set the Standard for Hybrid Conferences

Vizrt’s One Vizion 2024 hybrid conference brought together 700+ employees from 40 offices for three days of collaboration and vision-setting.

With cutting-edge tech like automated tracking, production switchers, and live polls, the event wowed both in-person and remote attendees, earning a solid 4.2/5 satisfaction rating.

Employees praised the polished execution, and Vizrt is already planning to level up the virtual experience, ensuring everyone feels connected and empowered—wherever they are.

Quick Hits:

  • Hybrid Work Is Here to Stay: ONS data reveals 28% of UK workers embraced hybrid models in 2024, with parents, managers, and professionals leading the trend. Higher-qualified employees are 10 times more likely to hybrid work, gaining work-life balance perks like saving 56 minutes on commuting and more time for rest and exercise.
  • Synchrony’s Hybrid Playbook: CEO Brian Doubles mentioned - With 85% of employees favoring flexibility, Synchrony’s hybrid model, featuring a 29,000-square-foot Culture Center, has boosted productivity, increased job applications by 30%, and landed a top 5 spot on the Fortune 100 Best Companies to Work For. Their strategy? Flex work options, purposeful in-person days, coaching over performance reviews, outcome-based goals, and location flexibility.
  • Canada’s Hybrid Savings: Canadian employers are saving big—$400,000 annually—by shrinking office space, and they’re sharing the wealth through higher salaries (38%), bonuses (31%), and perks (27%), while also boosting productivity (70%) and slashing turnover (66%).
  • Mastering Side Hustles: With remote work and the gig economy making side hustles the new norm, leaders can embrace this trend as an opportunity rather than a challenge. The key? Foster open communication to understand employees’ passions, set clear boundaries to ensure work priorities stay on track, and look for ways to recognize the benefits side projects can bring to employees' primary roles; for example, leverage their skills.

THE FUTURE OF HR ROUNDUP

I follow and summarize the news that future-forward and people-centric leaders care about, so you don't have to.

This week:

Nvidia CEO Predicts AI Colleagues in the Workplace—Are We Ready?

Nvidia CEO Jensen Huang predicts AI employees will transform workplaces, enhancing productivity across roles. While promising efficiency, concerns about job security and employee well-being highlight the need for HR to balance innovation with humanity and address worker apprehensions.

Speaking of AI adoption, A Traliant report highlights the urgency of ethical AI guidelines, with 94% of companies using AI but ​63% of HR professionals concerned about data privacy​. Similarly, Slack's Fall 2024 Workforce Index reveals a growing divide: while 99% of executives plan major AI investments, employee adoption has stalled at 32%, with excitement dropping globally. Workers cite discomfort due to fears of being seen as lazy, less competent, or "cheating" when using AI.

To bridge this gap, Christina Janzer, SVP of Research & Analytics at Slack, emphasizes the importance of fostering open AI experimentation, providing clear usage guidelines, and prioritizing training to build employee confidence and clarify AI's role in the workplace.

Force Multipliers and AI: The Future of Building High-Impact, Equitable Teams

Our Future Work Alumnus - Josh Bersin states that building a talent-dense organization requires hiring "force multipliers"—high-impact individuals who elevate team productivity, as seen in Microsoft's transformation under Steve Ballmer. Companies like Netflix demonstrate the power of prioritizing quality over quantity, leveraging top talent and competitive pay to drive exceptional results.

Meanwhile, LinkedIn’s VP of Talent Acquisition, Erin Scruggs highlights how AI is revolutionizing recruiting by enabling data-driven decisions and redefining talent management while emphasizing the continued need for equity and future-proofing early-career opportunities.

"Boomerang" Leader: Strategic Return or Succession Planning Failure?

"Boomerang leaders" like Nike’s Elliott Hill are making a comeback—reflects a growing trend—though studies show these leaders deliver 10.1% lower stock performance than first-time CEOs.

While some view their return as a failure in succession planning, others see it as leveraging external experience to strengthen leadership.

To succeed, organizations must clearly communicate career paths and invest in leadership development, aligning talent strategies with long-term needs.

This transparency could also help address attrition, as 41% of employees recently left jobs for better growth opportunities.

Post-Election Fallout: Challenges Persist for HR Leaders

The 2024 U.S. election signals major shifts in workplace dynamics and policies. HR leaders face unique challenges prioritizing psychological safety, clear communication, and proactive planning for policy changes.

Experts suggest promoting respectful dialogue, training managers to balance empathy with productivity, and offering flexible work options to maintain stability.

State governments may intensify workplace regulations as the Trump administration is expected to reverse federal labor policies, creating an uncertain compliance landscape for employers.

With Elon Musk and Vivek Ramaswamy leading the new "Department of Government Efficiency" (D.O.G.E.) and proposing a 75% cut to the federal workforce, could this trigger similar cost-cutting moves in the private sector?

Quick Hits:

  • Why HR Leaders Should Watch The Fed: Recent interest rate cuts by the Federal Reserve are set to tighten the labor market and fuel mergers, pushing HR leaders to rethink compensation strategies and sharpen workforce plans to secure top talent in an increasingly competitive economy.
  • Leadership Lessons from the Army: Take a page from the U.S. Army’s playbook—prioritize family-first benefits, celebrate top achievers with impactful rewards, and offer dynamic training to future-proof your workforce. Build a stronger, more loyal team and give your organization a winning edge!
  • Inclusive Caregiving Policies for Employees and Pet Parents: With 73% of employees in the U.S. balancing caregiving responsibilities (HBR), and 60% of pet owners considering job changes to care for their pets (SHRM), workplaces are enhancing inclusivity by introducing benefits like “pawternity leave”, pet-friendly offices, and flexible caregiving policies in diverse needs, from subsidized childcare to eldercare support. These efforts not only foster inclusivity but also enhance retention and drive employee engagement.

Your Weekly Must-Read Insights about the Role of HR in the Future of Work

The world of work is changing faster than the time we have to understand it.
Sign up for my weekly newsletter for an easy-to-digest breakdown of the biggest stories.

Join over 42,000 people-centric, future-forward senior leaders at companies like Apple, Amazon, Gallup, HBR, Atlassian, Microsoft, Google, and more.

Unsubscribe anytime. No spam guaranteed.