100% (1)
Pages:
5 pages/≈1375 words
Sources:
-1
Style:
Harvard
Subject:
Management
Type:
Essay
Language:
English (U.K.)
Document:
MS Word
Date:
Total cost:
$ 24.3
Topic:

Integrating AI in HR Department

Essay Instructions:
Creative Industry, a prominent multinational enterprise, faced mounting competitive pressures and sought to modernize its Human Resource Management (HRM) strategies. In response, the company embarked on a strategic initiative to integrate Artificial Intelligence (AI) into its HRM framework. Leveraging AI-powered algorithms, creative industry aimed to automate various HR processes, including recruitment, talent management, performance evaluation, and training. This transformation promised to enhance efficiency, accuracy, and decision-making capabilities within the HR department. • Provide a comprehensive analysis of the strategic rationale behind creative industry decision to integrate AI into its HRM practices. Discuss the potential benefits and challenges associated with this strategic initiative, considering its implications for organizational performance, competitiveness, and ethical considerations. • Critically evaluate the role of AI in transforming traditional HRM functions such as recruitment, talent management, and performance evaluation. Using relevant theoretical frameworks and empirical evidence, assess the extent to which AI technologies can enhance HRM effectiveness and contribute to organizational success. provide in text citations and bibliography at the end.
Essay Sample Content Preview:
AI-INTEGRATED HUMAN RESOURCE MANAGEMENT Student's Name Course Professor's Name University City (State) Date Introduction The evolving Creative Industry landscape is thriving for talent to compound the competition. This heavily pressures Human Resource Management (HRM), and HRM seeks new strategic initiatives. Artificial Intelligence (AI) is a strategic initiative leading to modernized HRM with AI-driven tactics. This report inquires how AI-integrated HRM is revolutionizing the Creative Industries. The report identifies the strategic rationale behind the creative industry's decision to adopt AI-driven HRM and potential challenges, benefits, and ethical considerations. Further, the report critically examines how AI transforms different HRM functions, what digital factors influence HRM, and what relevant frameworks support it. Strategic Rationale Data-driven Decisions AI leverages massive data, stores it, and processes it to generate actionable insights. This nature of AI promotes data-driven decisions in every organization. AI's scope in determining actionable insight based on real-time data creates a competitive advantage in talent acquisition (Chowdhury et al., 2023). Talent management, acquisition, and retention are all significant factors in the Creative Industry. As a result, AI analytics conveys valuable insights, skill gaps, performance drivers, and workforce trends for determining proactive talent management. Enhanced Efficiency and Accuracy AI-driven analytics helps automate operational HR processes such as talent management, performance evaluation, and training. As a result, repetitive tasks are streamlined, and human error is minimized. Ultimately, data-driven decisions lead to resource optimization. Upgraded Competitiveness Budhwar et al. (2022) stressed AI's role in initiating a competitive edge for organizations. AI algorithm streamlines the attracting process, development, skill requirement, and retention of top talents. Besides, AI-driven experience may lead to higher employee engagement, productivity, and innovation by eliminating human bias (Kalia and Mishra, 2023). Altogether, the Creative industries embark on upgraded competitiveness due to AI-driven HRM practices. Potential Benefits Increased efficiency As Chen et al. (2022) outlined, AI in HRM leads to the automation of repetitive tasks. This allows HR professionals to focus more on strategic actions and less on routine HR operations. Thus, it increases efficiency. Enhanced Talent Management According to Kalia and Mishra (2023), AI personalized the employee experience for better outcomes. This leads to higher employee engagement, increased productivity, and high employee morale. Altogether, talent management receives a boost from AI in HRM practices. Data-driven Insights Enad Al-Qaralleh and Atan (2022) proposed the efficient role of AI in promoting data-driven decisions that help the organization in several ways. These include effective talent management practices, better workforce planning, performance evaluation, and a comprehensive experience for both the employee and the employer. Subsequently, data-driven insights are essential for Creative Industries. Competitive Advantage As outlined above, AI-driven HRM practices empower the creative industry to attract, train, and retain top talent (Abulsaoud Ahmed Younis and Adel, 2020). Therefore, AI-driven HRM improves the competitive advantage in all industry positions. Challenges Privacy Insecurity and Bias Although the transformation is incredible, the data concern in AI-driven HRM is still a threat. Accordingly, several scholars agree that data insecurity and bias are the most critical challenges of AI in HRM (Arslan et al., 2022; Malik et al., 2022; Kalia and Mishra, 2023). Collectively, it also triggers the ethical and legal framework. Implementation Cost Another challenge of AI-driven HRM is its implementation cost. Implementation involves significant investment in technological infrastructure, change management, training, and retaining employees (Enad Al-Qaralleh and Atan, 2022). Employee Resistance Sudden collisions between employees and AI are not always as smooth as they seem theoretically. In various cases, employees resist AI integration (Chen et al., 2022). Common causes include fear of job loss, untrusted AI-dr...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Sign In
Not register? Register Now!