ERP Insights >> Magazine >> December - 2020 issue
How Digital Transformation Will Revolutionize Human Resources
Author : Amardeep Vishwakarma, CTO, Shine.com
Wednesday, December 23, 2020
With over 14 years of experience in Internet Technology, Amardeep holds extensive experiences in managing & scaling high traffic websites, handling software development including resource allocation, project management and delivery.
The ongoing tech boom has led to the emergence of several groundbreaking technologies that have completely redefined business functions and HR is no exception. Innovative technologies including Artificial Intelligence (AI), Machine Learning, Cloud Computing and Data Science have positively impacted HR processes, simplifying and streamlining it to a great extent. Today, HR teams are using digital solutions in smart and creative ways to enhance their efforts towards recruitment and employee experience.
According to a recent study by Shine.com, India’s 2nd largest hiring portal, pertaining to HR trends in 2019, almost one-fifths of HR professionals are anticipating widespread adoption of automation and cutting-edge technology in the coming year, while almost half of them believe that up to 30 percent of their existing job roles will be automated in the next three years.
In this scenario, it is crucial to identify the key areas within HR that are witnessing massive disruption thanks to innovative technologies. Here are some of the HR processes that are being transformed thanks to tech integration.
”Through AI-based job-candidate matching, organizations can steer clear from bias based on gender, caste or creed”
The power of AI & Data Analytics: Making candidate-screening smarter
Traditionally, recruitment has been a time consuming, resource intensive process. A majority of HR leaders perceive candidate screening as the most challenging and time intensive part of the process, as there is an expansive pool of potential candidates to sort through. However, thanks to Data Analytics and AI, it is now easier than ever to find skilled candidates who can adapt to the company’s needs. New-age job search platforms like Shine.com are equipped with intelligent job-candidate matching technology which screens and shortlists candidates almost instantaneously.
AI-led systems can screen candidates based on a predetermined set of parameters such as salary expectations, past experience and most importantly – skillsets. Through the dynamic screening capabilities powered by Data Analytics, these systems sort through the vast candidate pool and shortlist only those candidates who are perfect for the job opening. In this way, technology saves a lot of time and energy for HR professionals who can now forego taking hundreds of interviews before zeroing in on the right people. Once the shortlisting is complete, HR leaders gain access to a hand-picked pool of high-quality candidates.
Using AI in HR also removes the inherent bias from the recruitment process. Through AI-based job candidate matching, organizations can steer clear from bias based on gender, caste or creed. HR teams can also set up AI-powered chatbots to schedule interviews or answer the common questions asked by candidates before or after their interview. Simply put, AI can take over the mundane, repetitive tasks so that HR leaders can focus on more important tasks that require the human touch. These include employee interaction, onboarding or resolving conflicts at the workplace.
People analytics: Leveraging Technology Beyond Recruitment
HR managers are deploying HR Analytics or People Analytics to gauge employee performance in an efficient, data-driven manner. Through People Analytics HR leaders can take data-driven decisions about their talent pool right from choosing who to hire to deciding who to promote. Through this technology, organizations can collate important data such as employee turnover and retention rate. In fact, predictive analysis can be used to foresee future attrition and hiring requirements. It also helps them assess the effectiveness of HR decisions and policies. HR teams can use People Analytics as a strategic partner not just to make better personnel decisions over time, but also to streamline day-to-day business processes.
Further, Human Resource Information Systems (HRIS) and Performance Management Systems (PMS) can also identify performers and underperformers. Armed with such information, HR leaders can initiate required upskilling/reskilling processes to enhance employee skillets and performance. With performance improvement plans backed by data, organizations can significantly increase their ROI on human resources.
Boosting Employee Engagement Through Gamification
Gamification is yet another practice that has transformed the way HR processes have evolved. Today, we are seeing HR teams in large organizations leverage gamification to recruit the right people and engage employees within the workplace. Organizations are using role playing games to carry out real world industrial training through simulations. Apart from learning and development, gamification is also being used in recruitment by creating virtual games that acclimatize potential employees to the company culture and practices. Gamification through social media by way of quizzes and puzzles can also be used to attract jobseekers towards the organization.
Digital transformation is indubitably one of the most important developments for HR departments across the globe. With such a high degree of disruption in the current scenario, there are endless possibilities in how technology will further enhance HR processes, making recruitment and human resource management more efficient and effective than ever before.
How Digital Transformation Will Revolutionize Human Resources
Author : Amardeep Vishwakarma, CTO, Shine.com
Wednesday, December 23, 2020
With over 14 years of experience in Internet Technology, Amardeep holds extensive experiences in managing & scaling high traffic websites, handling software development including resource allocation, project management and delivery.
The ongoing tech boom has led to the emergence of several groundbreaking technologies that have completely redefined business functions and HR is no exception. Innovative technologies including Artificial Intelligence (AI), Machine Learning, Cloud Computing and Data Science have positively impacted HR processes, simplifying and streamlining it to a great extent. Today, HR teams are using digital solutions in smart and creative ways to enhance their efforts towards recruitment and employee experience.
According to a recent study by Shine.com, India’s 2nd largest hiring portal, pertaining to HR trends in 2019, almost one-fifths of HR professionals are anticipating widespread adoption of automation and cutting-edge technology in the coming year, while almost half of them believe that up to 30 percent of their existing job roles will be automated in the next three years.
In this scenario, it is crucial to identify the key areas within HR that are witnessing massive disruption thanks to innovative technologies. Here are some of the HR processes that are being transformed thanks to tech integration.
”Through AI-based job-candidate matching, organizations can steer clear from bias based on gender, caste or creed”
The power of AI & Data Analytics: Making candidate-screening smarter
Traditionally, recruitment has been a time consuming, resource intensive process. A majority of HR leaders perceive candidate screening as the most challenging and time intensive part of the process, as there is an expansive pool of potential candidates to sort through. However, thanks to Data Analytics and AI, it is now easier than ever to find skilled candidates who can adapt to the company’s needs. New-age job search platforms like Shine.com are equipped with intelligent job-candidate matching technology which screens and shortlists candidates almost instantaneously.
AI-led systems can screen candidates based on a predetermined set of parameters such as salary expectations, past experience and most importantly – skillsets. Through the dynamic screening capabilities powered by Data Analytics, these systems sort through the vast candidate pool and shortlist only those candidates who are perfect for the job opening. In this way, technology saves a lot of time and energy for HR professionals who can now forego taking hundreds of interviews before zeroing in on the right people. Once the shortlisting is complete, HR leaders gain access to a hand-picked pool of high-quality candidates.
Using AI in HR also removes the inherent bias from the recruitment process. Through AI-based job candidate matching, organizations can steer clear from bias based on gender, caste or creed. HR teams can also set up AI-powered chatbots to schedule interviews or answer the common questions asked by candidates before or after their interview. Simply put, AI can take over the mundane, repetitive tasks so that HR leaders can focus on more important tasks that require the human touch. These include employee interaction, onboarding or resolving conflicts at the workplace.
People analytics: Leveraging Technology Beyond Recruitment
HR managers are deploying HR Analytics or People Analytics to gauge employee performance in an efficient, data-driven manner. Through People Analytics HR leaders can take data-driven decisions about their talent pool right from choosing who to hire to deciding who to promote. Through this technology, organizations can collate important data such as employee turnover and retention rate. In fact, predictive analysis can be used to foresee future attrition and hiring requirements. It also helps them assess the effectiveness of HR decisions and policies. HR teams can use People Analytics as a strategic partner not just to make better personnel decisions over time, but also to streamline day-to-day business processes.
Further, Human Resource Information Systems (HRIS) and Performance Management Systems (PMS) can also identify performers and underperformers. Armed with such information, HR leaders can initiate required upskilling/reskilling processes to enhance employee skillets and performance. With performance improvement plans backed by data, organizations can significantly increase their ROI on human resources.
Boosting Employee Engagement Through Gamification
Gamification is yet another practice that has transformed the way HR processes have evolved. Today, we are seeing HR teams in large organizations leverage gamification to recruit the right people and engage employees within the workplace. Organizations are using role playing games to carry out real world industrial training through simulations. Apart from learning and development, gamification is also being used in recruitment by creating virtual games that acclimatize potential employees to the company culture and practices. Gamification through social media by way of quizzes and puzzles can also be used to attract jobseekers towards the organization.
Digital transformation is indubitably one of the most important developments for HR departments across the globe. With such a high degree of disruption in the current scenario, there are endless possibilities in how technology will further enhance HR processes, making recruitment and human resource management more efficient and effective than ever before.
The ongoing tech boom has led to the emergence of several groundbreaking technologies that have completely redefined business functions and HR is no exception. Innovative technologies including Artificial Intelligence (AI), Machine Learning, Cloud Computing and Data Science have positively impacted HR processes, simplifying and streamlining it to a great extent. Today, HR teams are using digital solutions in smart and creative ways to enhance their efforts towards recruitment and employee experience.
According to a recent study by Shine.com, India’s 2nd largest hiring portal, pertaining to HR trends in 2019, almost one-fifths of HR professionals are anticipating widespread adoption of automation and cutting-edge technology in the coming year, while almost half of them believe that up to 30 percent of their existing job roles will be automated in the next three years.
In this scenario, it is crucial to identify the key areas within HR that are witnessing massive disruption thanks to innovative technologies. Here are some of the HR processes that are being transformed thanks to tech integration.
”Through AI-based job-candidate matching, organizations can steer clear from bias based on gender, caste or creed”
The power of AI & Data Analytics: Making candidate-screening smarter
Traditionally, recruitment has been a time consuming, resource intensive process. A majority of HR leaders perceive candidate screening as the most challenging and time intensive part of the process, as there is an expansive pool of potential candidates to sort through. However, thanks to Data Analytics and AI, it is now easier than ever to find skilled candidates who can adapt to the company’s needs. New-age job search platforms like Shine.com are equipped with intelligent job-candidate matching technology which screens and shortlists candidates almost instantaneously.
AI-led systems can screen candidates based on a predetermined set of parameters such as salary expectations, past experience and most importantly – skillsets. Through the dynamic screening capabilities powered by Data Analytics, these systems sort through the vast candidate pool and shortlist only those candidates who are perfect for the job opening. In this way, technology saves a lot of time and energy for HR professionals who can now forego taking hundreds of interviews before zeroing in on the right people. Once the shortlisting is complete, HR leaders gain access to a hand-picked pool of high-quality candidates.
Using AI in HR also removes the inherent bias from the recruitment process. Through AI-based job candidate matching, organizations can steer clear from bias based on gender, caste or creed. HR teams can also set up AI-powered chatbots to schedule interviews or answer the common questions asked by candidates before or after their interview. Simply put, AI can take over the mundane, repetitive tasks so that HR leaders can focus on more important tasks that require the human touch. These include employee interaction, onboarding or resolving conflicts at the workplace.
People analytics: Leveraging Technology Beyond Recruitment
HR managers are deploying HR Analytics or People Analytics to gauge employee performance in an efficient, data-driven manner. Through People Analytics HR leaders can take data-driven decisions about their talent pool right from choosing who to hire to deciding who to promote. Through this technology, organizations can collate important data such as employee turnover and retention rate. In fact, predictive analysis can be used to foresee future attrition and hiring requirements. It also helps them assess the effectiveness of HR decisions and policies. HR teams can use People Analytics as a strategic partner not just to make better personnel decisions over time, but also to streamline day-to-day business processes.
Further, Human Resource Information Systems (HRIS) and Performance Management Systems (PMS) can also identify performers and underperformers. Armed with such information, HR leaders can initiate required upskilling/reskilling processes to enhance employee skillets and performance. With performance improvement plans backed by data, organizations can significantly increase their ROI on human resources.
Boosting Employee Engagement Through Gamification
Gamification is yet another practice that has transformed the way HR processes have evolved. Today, we are seeing HR teams in large organizations leverage gamification to recruit the right people and engage employees within the workplace. Organizations are using role playing games to carry out real world industrial training through simulations. Apart from learning and development, gamification is also being used in recruitment by creating virtual games that acclimatize potential employees to the company culture and practices. Gamification through social media by way of quizzes and puzzles can also be used to attract jobseekers towards the organization.
Digital transformation is indubitably one of the most important developments for HR departments across the globe. With such a high degree of disruption in the current scenario, there are endless possibilities in how technology will further enhance HR processes, making recruitment and human resource management more efficient and effective than ever before.
