AI in HR (Basics)
- 1. PRESENTED BY: SHIVANI MANDLIK MET’s Institute of Management Nashik
- 2. HUMAN RESOURCE MANAGEMENT • HRM is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage. • It is designed to maximize employee performance in service of an employer’s strategic objectives.
- 3. ARTIFICIAL INTELLIGENCE • AI has streamlined many human resources processes. • These sophisticated computer programmed excel at recognizing pattern, Planning and adapting in ways that mimic human thought.
- 4. • AI based HR applications raise employee productivity. • It has the ability to analyze, predict, diagnose and become a more capable resource while focusing on employee need and outcomes. • However, there are challenges like privacy, talent gap, maintenance, integration capabilities, or limited proven applications
- 5. APPLICATIONS OF AI IN HUMAN RESOURCE 1. PERSONALIZED EXPERIENCE:- 2. WORKFORCE MANAGEMENT DECISIONS 3. SMART PEOPLE ANALYTICS 4. TEAM TRAINING 5. HIRING PROCESSES 6. VACATION REQUESTS
- 6. IMPORTANCE AI IN HR • RECRUITMENT • PROBLEM SOLVING • PERFORMANCE EVALUATION • TRAINING AND DEVELOPMENT • CAREER PLANNING.
- 7. FUTURE OF AI IN HR 1. Personalizing employee experience. 2. Training talent and change management. 3. Changing recruitment, for good. 4. Emphasis on efficiency.
- 8. PROS 1. AI streamlines HR processes. 2. AI does not hold biases. 3. AI allows HR to invest in other areas of business.
- 9. CONS • The implementation of AI in human resources requires time and staff to change over all of the current processes. • Criticism- thus making it more challenging to communicate company culture. • Requires professionals to upgrade their skillsets that many HR professionals today don’t have.