Impact of Artificial Intelligence on Human Resource Management
Author: Dr. Lars Eklund
Open Access | Volume 1 Issue 1 | Oct–Dec 2024
ISSN: 3070-6916
https://doi.org/10.63665/ijghmi-y1f1a003
How to Cite :
E. Lars, “Impact of Artificial Intelligence on Human Resource Management”, International Journal of Global Humanities and Management Insights [IJGHMI], 1(1), 22–30.
Abstract
Applications of Artificial Intelligence (AI) in Human Resource Management (HRM) are revolutionizing organiza-tional human resource management. In this essay, the extent to which AI influences numerous HR processes like re-cruitment, employee induction, performance management, and training is discussed elaborately. Since AI can auto-mate mundane tasks and make decisions based on data-driven facts, AI not only increases the efficiency of HR tasks but also provides organizational and employee performance. The use of AI in HRM has, however, yielded a chain of ethical problems such as bias and privacy violation. The future of AI in HRM has been addressed by the article un-der future trends, as well as changing roles of the HR practitioner in the age of digitization.
Keywords
Artificial Intelligence (AI), Human Resource Management (HRM), Recruitment Automation, Employee Perfor-mance, AI in HR, Workforce Management, HR Technology, Employee Engagement, Ethical Implications of AI, Fu-ture of HRM.
1. Introduction
The business and HRM landscape are changing at an unprecedented pace with the speeding up of techno-logical change. The most surprising change has been the emergence of Artificial Intelligence (AI), which has al-ready started to change the way organizations interact with their employees. The application of AI in HRM ac-tivities is now no longer a distant fantasy but the reality of the day with the ability to automate organizational work, give data-driven insights, and provide a better employee experience. The subsequent section of the paper will have general awareness of AI and HRM, comprehend the function and significance of AI in the context of the business processes of the modern times, and sketch the goals and purview of the paper.
A. Definition of Artificial Intelligence (AI)
Artificial Intelligence (AI) is the human simulation of intelligence in computer applications or machines with the ability to think, learn, and decide like human beings think. AI possesses the ability to perform tasks that would otherwise be attributed to human intellect such as reasoning, pattern detection, experience acquisition, language processing, and decision making. AI has some of its sub-domains such as machine learning (ML), nat-ural language processing (NLP), robotics, and computer vision, and each possesses its own respective application in other areas of AI applications. Machine learning, for example, enables systems to learn from large data sets and improve over time without being designed to do so. Uses of AI are becoming increasingly sophisticated, such that they can analyze, process, and forecast from large data sets at speeds and levels of precision that human workers simply can't attain. In HRM, AI is used to execute mundane tasks mechanically, provide data-driven insights, and assist in decision-making in different areas of human resource management.
B. Overview of Human Resource Management (HRM)
Human Resource Management (HRM) is a strategic approach to managing people within an organization. It involves different activities to improve the performance of individuals and groups and satisfy their needs and motives. The key activities of HRM are recruitment and selection, employee development, performance man-agement, compensation and reward, employee relationships, and organizational development. It is the duty of HR professionals to ensure that the organization has the appropriate individuals in place to deliver its goals and that employees are well looked after, motivated, and are able to perform their best. The role of HR has signifi-cantly shifted over the years from administrative to strategic where HR professionals work very closely with leadership teams to marry workforce management with organizational objectives. HRM today is data-centric as organizations attempt to make informed decisions not only to meet operation objectives but also to build a healthy work culture and enhance the overall employee experience.
C. Importance of AI in Modern Business Environments
AI has also become a prominent part of doing business today in that it helps businesses perform and oper-ate more efficiently. In the world of today that is fast, data-heavy, businesses seek methods of maximizing the potential of AI in the bid to deal with intricate matters, streamline procedures, and keep up with competitors. Deployment of AI technologies supports companies in the automation of repetitive processes, quality improve-ment of decisions, and personalization to employees and customers. In AI-based HRM, AI is handy as it supports organizations in dealing with large quantities of data, learning from employee performance, and making appro-priately informed decisions in talent acquisition, worker engagement, and workforce planning. AI technology can make HR professionals more efficient by automating routine chores like resume screening, interview sched-uling, and monitoring employees' performance. AI has the potential to eliminate human bias in recruitment and performance assessment and allow fair and prejudice-free decision-making. In addition, due to talent pool het-erogeneity and increasingly globalized business strategies, AI can enable HR activities with the potential to deal with heterogeneous talent pools by skills, knowledge, and geographies and offer scope for organizations to thrive.
D. Objective and Scope of the Paper
The article tries to describe the paradigm-shattering contribution of Artificial Intelligence to Human Re-source Management and its role in changing the HR practice. The objective is to explore the various uses of AI which are being applied in HRM functions, examine the advantages and disadvantages of having such a trans-formation, and reflect on how AI can influence the future workforce. The paper will lay out the most important domains where AI is being employed in HRM, including recruitment, employee induction, performance man-agement, employee development, and employee engagement. The paper will also address if it is ethical to apply AI in HR, including data protection, algorithm bias, and the threat to human jobs. It will then analyze the future of HRM in an increasingly AI-based world and provide guidelines on how to deal with such a transforming soci-ety for HR professionals. By discussing AI vulnerabilities and strengths, this paper seeks to offer a balanced analysis of how HR professionals can leverage AI to fuel organizational performance and good employee expe-rience.
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