Recruitment Processes Are Now AI-Driven, Data Analytics Shaping Employee Engagement
FinTech BizNews Service
Mumbai, April 12, 2024: CII HR-IR Conference 2024 held in Mumbai with a theme on ‘Navigating The Future Of HR in The Digital Era.’
Initiatives such as Atma Nirbhar Bharat and Skill India Mission is paving a way forward for India to be the skill capital of the world, said Dr Jayakumar, Chairman, CII WR Sub Committee on HR & IR and EVP & Head CHRO, Larsen & Toubro Limited.
As we step into the digital age, the role of Human Resources is undergoing a profound transformation. From AI-driven recruitment processes to data analytics shaping employee engagement strategies, the landscape of HR is evolving rapidly. At this conference, we ve discussed the challenges and opportunities presented by this digital transformation, exploring innovative solutions and best practices to adapt and thrive in the ever-changing HR environment.
Ms Nidha Choudhari, IAS Commissioner Skill Development, Government of Maharashtra in the keynote address at CII HR - IR Summit said that “Government policies today are designed in the way to align with the current change in technology advancement and disruption. She said that it is important for the organisations to focus on building up initiatives to promote employ well-being to retain the employees. Ms Choudhary said that days have gone when employees use to stick with organisations because of high salaries, today the HR fraternity must focus on promoting a progressive work culture in the organisations that can help them from losing out from skilled employees. She said that there must be no resistance on the part of industry as well as government on moving towards the path of digitalization in this current era of technology advancements.
Dr C Jayakumar, Chairman, CII WR Sub-Committee on HR & IR and Executive Vice President and Head of Corporate Human Resources (CHRO) while addressing inaugural session said “India will become the third-largest economy in the coming years, with increased investment in crucial sectors contributing to the overall growth of the economy. Government initiatives such as Atma Nirbhar Bharat and Skill India Mission ia paving the way forward for India to be the skill capital of the world”. He also mentioned that demographic dividend that Indian has today will largely contribute to this journey. He said that the next 25-30 years will be golden era for India due to the continues efforts of government in promoting technology and innovation. He said that the pace at which artificial intelligence, virtual reality, IOTs, and chat GPT are disrupting and advancing technology globally is mind-blogging these current times.
Mr Vishal Kamat, Chairman, CII Maharashtra State Council said that today the youth workers have work-life balance as their priority rather than the monetary gain they are receiving from their jobs. He said that now the time has come when the society and organisations must sensitise the future generation towards Artificial Intelligence.
Mr Mukesh Ranjan Das, Executive Director & HR, Indian Oil Corporation, said that “Today here is a rapid speed of acceleration of technology, today the HR fraternity needs to embrace technology broadly and cultivate a digital mindset and fluency due to the significant increase in the speed and scale of digitalization in the current times”.
Mr Anupam Sirbhaiya, Co-Chairman, CII WR Sub-Committee on HR & IR and Chief Human Resource and Administration Head, Bajaj Capital Ltd said that “The government is playing a key role in shaping the future of India. Organisations must focus on creating ab internal talent pool of experts to deliver knowledge and skill base training within the organisation. This will benefit employees to enhance their people development skills.
Ms Madhavi Lal, Managing Director, Head HR, Deutche Bank said that “Transformation is something that is disruptive. The period of disruption is decreasing and the ratio of transformation is concerning. Transformation is all about making your business model relevant to disruption changes, in terms of both technology and approach.
The conference focused on the overall development and the focus points for the India’s HR fraternity in term of accepting the changes in the technology advancements, data driven decisions, promoting a collaborative work culture to maintain a healthy work-life balance, encouraging physically challenged into the workforce.
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