Flex Launches the "Korea Human Resources Standards Institute" for Management in the AI Era

Setting Standards for Managing Organizations and People in the AI Era

Flex, an artificial intelligence (AI) platform company powered by human resources (HR) data, announced on November 10 that the Korea Human Resources Standards Institute (KHRSI), which studies standards for managing organizations and people in the AI era, has been launched.

Flex established the institute in response to the lack of common standards for information about organizations and people, despite the existence of accounting standards set by the Korea Accounting Standards Board for corporate financial information.

The institute aims to shift “from management based on memory to management based on records.” Its goal is to help executives identify and respond to organizational changes in advance, rather than recognizing problems only after they produce results.

The institute will be led by Director Kang Jeongil, a management data analysis expert who studied mathematics at Pohang University of Science and Technology and statistics at Seoul National University Graduate School. He worked as a data scientist at Shinhan Card before leading the Data Analytics Team at Flex.

The first research topic is competencies. As companies’ AI transformation (AX) rapidly changes how people work and the nature of jobs, the competencies required are also changing, widening the gap in standards. The institute will use data to determine how to identify the competencies an organization possesses and compile its findings into a “employee competency index.” It plans to expand its work from individual employees to leadership and teams.

The institute also plans to offer insights connecting standard job and grade systems and market wage analysis with practical HR management, as well as standards for analyzing organizational operations from a management perspective.

Director Kang Jeongil said, “Now, as AI is changing how we work, is the time to establish proper HR standards. We will become the first point of reference companies turn to when facing organizational and people-related challenges in the AI era.”

This content was produced with the assistance of AI translation services.