Keeping pace with the ever-changing dynamic environment will become a way of work. The future belongs to those who are able to effectively deal with these disrupters, and adapt themselves and their strategies with the change.
We are taking rapid strides towards an era of transformation where AI, Automation, Big Data, and IoT will or would have already begun to dominate the way things are done around businesses and the HR function. Prime discussions are focussed around replacing human intelligence with AI, automating processes or workflows, using big data to arrive at useful insights, and lastly, leveraging IoT within the existing way of working. The intent behind this is to derive solutions towards enhancing productivity, and bringing forth greater efficiency to the business.
Disrupters to transform the HR function
AI technology: Many organisations have begun incorporating AI technology in their talent acquisition process, such as during the initial screening of candidates and scheduling interviews with various stakeholders. Thus, they are putting an end to investing too much time and effort to ascertain the initial level of fitment as well as the endless coordination with various stakeholders to schedule interviews. Another big leap in deploying AI technology has been through the recently launched Talex by Tech Mahindra, the first AI-based technology to manage the talent management process. This technology matches candidates' profile with suitable job openings within the organisation, considers their previous assignments, educational background, skills, manager ratings, self-rating, as well as awards and accolades for endto-end talent management processing.
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Continuous Learning For Growth
Of late, for organizations particularly in the service sector, people have become the strategy. And, if that is the case, the Learning and Development (L&D) department in organizations, and the industry in general, is likely to witness significant growth in 2017 and the years thereafter.
Creating Open Spaces And Minds
As the boundaries of life between work and home continue to blur, employers and employees are sitting up and are noticing the ways and means to offer and avail a worthwhile experience at the workplace.
Striking The Right Balance
In 2017, an employee in the HR Department of a leading global company received an excel sheet attachment in his official mail. While the content seemed harmless, it was in fact a well disguised Ransomware attack which had in fact placed several companies worldwide in the dock. Ransomware attacks targeting HR departments across the globe have since been in vogue since they possess valuable employee data which can be used to commit crimes such as tax frauds and the like.
The Multifaceted Advantages Of AI
AI can speed and automate data collection, make fundamental observations, systemize HR issues, and differentiate customer and employee profiles. But, corrective measures and final decisions can only be approved by people who can understand how to leverage AI tools to acquire accurate information sans the noise and interpret them the right way.
Engagement Surveys: A Means Or An End?
Surveys are not merely a way to check the pulse of the organisation; they should ideally be used as vehicles to improve the organisation culture, people practices and employee experiences which gradually translate into business success.
What Is And What Needs!
The idea of the best fit works only in a perfect universe. In reality, what talent specialists and hiring managers should focus on is getting the close fitment. They should work with an approach that bridges the gap between what is (available) and what needs to be (done).
A Matter Of Strategic Timing!
The term 'work-life balance' has become a popular chant for all working professionals today. A world of different opinions continue to pervade our lives, with one actually affirming that there truly is no direct relationship between the parallel worlds we live in.
Picture Out Of The Frame
A few months ago, Moon Jae-in, the President of South Korea, made an unusual announcement.
Analysis
It is paramount for a pharmaceutical company to meet the business requirement of regulatory compliance.
How Can They Fire Her?
It is a common phenomenon in the corporate landscape to misinterpret the inability to respond to a query by a Manager as a serious lapse which at times leads to termination of his/her services. As a fallout, not only do they risk losing out a person with superior managerial skills, they also dampen the spirit of the juniors in her department, leading to sinking morale and reduced engagement.
