Interview Questions for Layla Nasr, Chief Executive Officer of Makila AI
In the ever-evolving world of business, a Canadian artificial intelligence startup named Makila AI is making waves by helping organizations generate value from their workforce data. Makila AI's AI-powered platform, designed to streamline both HR and financial operations, is transforming the way companies approach decision-making.
Makila AI's solution offers a range of features that cater to various aspects of HR and finance. In HR, the platform can run simulations on potential new employee groups based on various factors, projecting the expected payout based on sales volumes and compensation percentages. It also helps detect and correct biases that could skew HR analysis, a crucial step towards fairness and equality.
One of the key AI-powered use cases in HR that businesses should focus on in the coming years is recruitment and talent acquisition. AI chatbots automate interview scheduling, large language models write bias-checked job ads, and predictive matching uncovers overlooked candidates. These advancements have already been adopted by over 65% of companies, aiming to reduce time-to-hire and expand candidate pools.
Employee experience and retention are another area where AI is making a significant impact. AI-powered sentiment analysis across emails and chats detects early morale dips, enabling personalized coaching nudges that improve engagement without extra HR headcount. IBM’s AI predicts employee attrition with 95% accuracy, tailoring retention strategies that saved over $300 million.
Performance analytics and workforce planning are also benefiting from AI. AI models forecast skill gaps months ahead by analyzing goal data and project velocity. Gartner predicts these AI models will become embedded in mainstream HR software within 1-3 years, giving managers plain-language insights to optimize workforce planning.
Onboarding and offboarding automation are also being revolutionized by AI. AI-driven workflow bots automate paperwork, equipment assignment, and e-learning triggers, significantly boosting talent network growth and improving new hire experiences.
In the realm of finance, Makila AI's solution offers automated financial reporting and analysis, fraud detection and risk management, predictive analytics for budgeting, forecasting, and cash flow optimization, and robotic process automation to streamline repetitive tasks.
Data and AI ethics, however, are not without challenges. Operationalizing them requires the commitment of senior leadership and collaboration across the board. Data cleaning and making it reliable is crucial to avoid erroneous conclusions due to missing values, incorrect responses, biased perspectives, and ambiguity.
Makila AI's solution allows for real-time tracking of actuals compared to the forecast and visualization of an updated predictive forecast at any time. Scaling AI technologies for workforce decisions requires immense computer processing and storage capacities. Makila AI's algorithm can help management make better decisions faster and make necessary strategic adjustments.
The Gender Equality Index tool, a collaboration between Makila AI and Alixio Group, measures, analyzes, and interprets gender equality at the organizational level. This tool allows for automatic calculations and provides a graphical visualization of the results.
Layla Nasr, CEO of Makila AI, leads the company in its mission to help businesses harness the power of AI for their workforce decisions. Makila AI's queries into the data and their results can be expressed in natural language, making the platform user-friendly and accessible.
In conclusion, Makila AI's AI-powered solution is revolutionizing the HR and finance sectors by automating routine work, extracting actionable insights from complex data, and enabling better strategic decision-making. Companies investing in AI skill development and deploying human-centric AI governance are positioned to unlock substantial productivity and talent advantages by 2025 and beyond.
- Makila AI's AI-powered platform, designed for HR and financial operations, is helping organizations extract value from their workforce data.
- In HR, the platform can run simulations on potential new employee groups, project payouts based on sales volumes and compensation percentages, and detect biases that could skew analysis.
- One key focus for businesses in HR should be recruitment and talent acquisition, with AI chatbots, large language models, and predictive matching enhancing these processes.
- In finance, Makila AI offers automated reporting, fraud detection, predictive analytics, and robotic process automation to streamline financial operations.
- However, the implementation of AI technologies brings challenges, requiring commitment from senior leadership, collaboration across departments, and reliable, clean data to avoid erroneous conclusions.
- Makila AI's solution allows for real-time tracking and visualization of actuals compared to the forecast, automating onboarding and offboarding processes, and offering the Gender Equality Index tool to measure and visualize organizational gender equality.