An alliance with AI to reach the sky- AI is not artificial intelligence but augmented intelligence. It helps in employee productivity by dramatically reducing the transaction load. The Artificial Intelligence market, a multibillion-dollar industry is expected to leave a heavier footprint on the economy by rising further in the coming years.
According to statisca.com, AI is destined to grow into a $118.6 billion industry by 2025. Such statistics only reveal the fact that AI is bubbling with the massive potential of boosting employee productivity. Of course, it would be wrong to regard AI as the enchanted arrow that never misses the target. However, AI does have plenty to offer that will leave everyone happy. Zooming in the lens of AI’s gains and how it can boost the employee productivity, we have-
The trick to boosting productivity in the best possible way is automating the work areas that are beyond the power of human’s manual ability. The devotion of AI automation should be reserved for areas such as overly repetitive tasks, images and pattern recognition, accurate insights, very complex calculations, etc.
How AI is applied will greatly impact and change the work mechanism & environment. The development of productivity-boosting steps in different industries is becoming a more familiar practice. Companies have now begun to automate the scanning/filtering of hectic documents/resumes, chatbots, scheduling of interviews for job seekers via notifications engine, etc.- extraction of the information under the most minimum time for the most maximum yield. This mirrors the addition of value to the organization’s output through the boosting of workforce productivity.
While the popular school of thought about how AI would entirely replace the existing jobs in the next 10 years (or so) exists, it is now being revisited in a whole new different light. Instead of an entire replacement of jobs, AI is rather predicted to automate the jobs (especially the repetitive and unproductive work). This eliminates not only the fear of employment drop but also maximizes the productivity of the existing workforce. Artificial intelligence will lead humans to a new horizon where the focus will be absolutely on the more meaningful and lucrative work.
Repetitive transactions like document collection, onboarding process, joining, moving, exit, consists of multiple learning patterns that can easily be identified & enabled to present meaningful hindsight, insight & foresight by AI. For a better understanding of how AI automation simplifies the complex and the repetitive-
• AI in HR for the conduct of recommendation and selection for hiring, promotion, or even exit without human bias or intervention, sourcing of job seekers via social media crawlers & psychographic behavior, avoid of junk applications by mapping the prospective job seekers to reach the right target population, etc.
• AI in business management for automated insights, security surveillance, smart personal assistants, forecasting sales and business, lead & sales funnel management spam filters, etc.
• AI automation in Marketing for sell predictions, dynamic price optimization, recognition of images and patterns, ad targeting, etc.
These are just examples of how AI automates the repetitive work that will take forever to be completed manually. It doesn’t just automate it, but it also adds value by saving time and paving the way for a more productive output.
AI may be the savior long-awaited by the business organizations, but is it truly a blessing in disguise for the employees instead? Recent trends in the business arena, as we’re all aware of, is, ‘employee satisfaction for a productive outcome’. However, the catch in fulfilling this dreamy desire is ‘work satisfaction’ and ‘employee contentment’. Dissatisfied/frustrated staffs are most likely to walk out, thereby, costing the organization a drop in the level of productivity.
On behalf of the employees, AI takes care of the mundane and the complex by providing swift analysis, keywords analyzation, etc. This improves employee contentment and leads to productivity enhancement.
Communication is the key to solidifying relationships, and Artificial Intelligence (AI) provides Human Resource team with a new and improved platform for communication. With many options for reaching out, recruiting talent becomes more relationship-y and less regulatory. The comfort of different reach-out options lead to the removal of communication nerves and results in a more engaged and productive work scenario.
Humans are limited, we have a start date and an end date. But it’s what we do and how we do in-between that defines our existence. With the right kind of technology, we can leave behind traces of greatness that will benefit today and tomorrow’s workforce. AI is an essential need for boosting employee productivity, and it’s something we should take forward with utmost pertinacity.