Young Leaders Programme (YLP)
Management Development Institute ,GurgaonOpen For Admission
Artificial Intelligence (AI) refers to the technology used to perform tasks that require a certain level of intelligence to accomplish. In simple words, AI is a tool trained to do what a human can do. There are three main components which distinguish AI from ordinary software, high-speed computation, advanced algorithms, and the ability to self-improve using neural networks.
The success of any organization largely depends on how effectively it combines people and technology to deliver transformational value at optimized costs. Believe it or not, but ‘Human Resources’ is a crucial and stressful gig. Many HR executives believe that merging AI into administrative functions can improve and benefit the overall employee experience. Core AI technologies offer various significant opportunities to improve HR functions such as payroll, reporting, access control, self-service transactions, and recruiting processes.
According to a survey conducted by the IBM Institute for Business Value, 50% of chief human resource officers recognize the power of cognitive computing which can transform the key dimensions of HR such as HR operations, Talent Acquisition and Development.
Few of them are:
Despite these shortcomings, there is no denying that AI processes data way faster than the average human. Organizations should rely on AI for administrative duties so that HR departments can be more efficient and cost-effective. Having well-qualified employees from the beginning can shorten the entire process, allowing managers to dedicate valuable time for strategic planning.
In support of this, many universities and colleges have launched HR management programs to ensure the HR managers stay up to date with the changing dynamics. IIM Calcutta, being one of the most prestigious college in India, offers a one-year course of Executive Programme in Human Resource Management (EPHRM) which focuses on a customer-oriented view about managing human resources in manufacturing, services, and sales organizations.
Apart from securing recognized certification from the premium B-school in the country, students will have an opportunity to gain a thorough understanding of employee and talent management. The live online program aims to cover the canvas of human resource management at both macro and micro levels.
After completion of the program, students will become well-trained managers to work in corporate firms and well-qualified to all HR processes.
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