The Adoption and Effect of Artificial Intelligence on Human Resources Management

Emerald Studies in Finance, Insurance, and Risk Management 7 explores how AI and Automation enhance the basic functions of human resource management, while the Adoption and Effect of Artificial Intelligence on Human Resources Management Series provides a blended approach towards different functions of HRM and AI, reflecting on data privacy, data security, diversity and inclusion, and sustainable AI-HR practices.

Format: Hardback
Length: 392 pages
Publication date: 10 February 2023
Publisher: Emerald Publishing Limited

Emerald Studies in Finance, Insurance, and Risk Management delves into the captivating realm of how Artificial Intelligence (AI) and Automation revolutionize the fundamental aspects of human resource management. Traditionally, Human Resource Management (HRM) has been structured around four core functions: Human Resource Planning, Recruitment and Selection, Training and Development, and Performance Management Systems. These functions serve as crucial pillars for businesses in attracting, motivating, and retaining talented employees. However, the advent of Artificial Intelligence (AI) has brought about a seismic shift in these dynamics.

The Adoption and Effect of Artificial Intelligence on Human Resources Management Series takes a holistic and integrated approach to exploring the interplay between AI and various functions of HRM. It examines critical issues such as HR data privacy, data security, diversity and inclusion through the lens of AI, and sustainable AI-HR practices. This comprehensive book is a valuable resource for HR managers, senior managers, researchers, and aspiring students who are eager to delve into the world of HRM and harness the power of AI to drive organizational success.

In the realm of Human Resource Management, AI and Automation have the potential to transform the way we recruit, train, and develop employees. By leveraging advanced algorithms and machine learning, HR professionals can identify high-potential candidates, assess their skills, and tailor training programs to meet individual needs. This personalized approach not only enhances employee performance but also increases job satisfaction and retention rates.

Moreover, AI can automate routine HR tasks such as payroll processing, benefits administration, and time-off management, freeing up valuable time for HR professionals to focus on strategic initiatives and build stronger relationships with employees. This efficiency gains not only improve the overall productivity of the organization but also contribute to cost savings.

However, the adoption of AI and Automation in HRM also raises important ethical and legal considerations. Data privacy and security are paramount concerns, as organizations collect and store vast amounts of employee information. Ensuring that this data is protected and used responsibly is essential to maintaining employee trust and safeguarding against potential breaches.

Diversity and inclusion are also critical areas where AI can play a significant role. By analyzing HR data, AI algorithms can identify patterns and biases that may exist in recruitment and hiring practices. This information can help organizations develop more inclusive and diverse workforce, promoting a culture of equality and respect.

Sustainable AI-HR practices are another important consideration. As AI continues to evolve and become more integrated into HR processes, it is crucial to ensure that ethical and responsible practices are followed. This includes developing guidelines and policies for the use of AI, conducting regular audits to monitor AI-related risks, and investing in training and development programs to ensure that employees have the skills and knowledge necessary to work alongside AI systems.

In conclusion, Emerald Studies in Finance, Insurance, and Risk Management provides a comprehensive exploration of how AI and Automation enhance the basic functions of human resource management. The Adoption and Effect of Artificial Intelligence on Human Resources Management Series offers a valuable roadmap for HR professionals and organizations seeking to leverage the power of AI to drive innovation, productivity, and success. By embracing a blended approach to AI and HRM, we can create a future where human resources are optimized, employees are engaged, and organizations thrive in an ever-changing digital landscape.

Dimension: 229 x 152 x 22 (mm)
ISBN-13: 9781803820286