Schneider Electric Develops New-Generation Talent Management Platform

Schneider Electric, a global expert in energy management and automation's digital transformation, has launched an artificial intelligence-based talent management platform for the development of 144,000 employees across more than 100 countries. The "Open Talent Market," an internal talent-sharing platform, ranks among the first of its kind in the global business world.

The Open Talent Market is an innovative technology within Schneider Electric designed to match talent supply and demand and provide career development.

Schneider Electric employees who upload their profiles to this platform (or link their LinkedIn accounts) can benefit from AI-recommended development and career opportunities based on their skills and competencies as well as their future goals. These are presented under four main categories: new career moves such as full-time positions, part-time projects, short-term assignments or side tasks, mentoring opportunities, and training recommendations through the Learning Management System. An AI-powered platform created by HR technology company Gloat, Schneider's internal market offers tailored opportunities to employees. This Open Talent Market generates rich data for Schneider about employees' skills and interests, creating a clear and measurable alignment between internal opportunities and Schneider's broader strategic objectives. This opportunity-driven approach is the most ethical and cost-effective way to align corporate values with value creation. Schneider Electric provides a case study demonstrating how data- and analytics-driven investments in opportunity markets can make both employees and employers more productive and valuable. Yıldız Estreya Hayim, Vice President of Human Resources for Schneider Electric Turkey, Central Asia and Pakistan Region, noted that they are signing a new milestone in Human Resources with the power of digital technologies: "We believe that Schneider Electric's AI-driven Open Talent Market, through the digitalization of employee development and internal mobility, is one of the strongest representatives of 'The Future of Work' and will produce results that make a difference in the business world. This step is also an indication of Schneider Electric's commitment to supporting employees' individual development and helping them advance their careers to the next level," he said.

The Open Talent Market is user-friendly, intuitive and generally beneficial, while providing numerous advantages. Its main features include:

• Enabling employees to manage their own careers and fully reach their potential within Schneider Electric
• Providing employees with a wide range of opportunities to gain experience and skills
• Supporting leaders in building the best teams by finding diverse talents
• Providing greater transparency in current roles and projects
• Creating expertise networks within the organization and increasing diversity in teams
• Improving employee satisfaction and loyalty

With this new system, Schneider Electric ensures that employees become more efficient, are encouraged to remain within Schneider, and engagement levels increase. Amy deCastro, Vice President of Human Resources at Schneider, stated: "We are creating an internal market that did not exist before, and this is a market that employees can benefit from instead of going to the external market. We have always told our employees that they own their careers, that they are in the driver's seat. Now Schneider's opportunity market enables them to direct their talents toward projects that align with their own purposes and goals."