Like previous years, 2019 will also witness business transformations along with major technological, socio-cultural, and economic changes. Such kinds of change will bring many challenges such as data governance, organizational readiness, and technology which will present multiple challenges that HR professionals, employees, and business leaders have to address.
In order to overcome such challenges, organizations must ensure that their employees are updated with the skills and expertise needed. Past HR strategies have become outdated as the workforce is expecting more from the human resource department as they are struggling to retain employees and boost workplace culture.
HR management should be aware of the transformational trends that are affecting the overall business and spot various processes to build a stronger workforce.
Artificial Intelligence (AI) Will Simplify Complicated Human Resource Operations:
AI technology has modified the recruiting and onboarding process and enhanced internal workflows, thus saving hours for HR professionals so they can search for new development approaches and focus on more important work such as building strong relationships with employees.
Chatbots are helpful for HR and eliminate multiple tasks such as automating responses and learning FAQs, minimizing the time HR professional require to spend reviewing and responding to employee requests.
Artificial intelligence is redesigning the standard HR business model by automating almost every process, and task and this cognitive computing technology provide an excellent opportunity for all HR leaders to focus on improving the learning and development aspects in the organization and employee well-being strategies while keeping every employee relationship intact.
Investment in Employee Well-being Will Still be on Top
Employees can be impacted by various levels of stress including physical, emotional, and social. Organizations are looking for multiple ways to help employees cope up with their issues, reduce stress level, and ultimately be healthy and happy in their work life.
Healthy and happy employees tend to be more productive and work for the organization for a more extended time. New trends suggest that a growing number of organizations will prioritize employee well-being as a fundamental part of their business strategy in the upcoming year.
Organizations will invest more in innovative employee well-being programs for mental health, managing stress, financial wellness, proper and healthy food habits, and more. This plays a pivotal role to enhance employee engagement and promote a healthy workplace culture.
Talents Must be Skilled for Future Roles
Being the key drivers of the Fourth Industrial Revolution, automation and AI has minimized the need for physical labor and creates fear of job insecurity among laborers. We are witnessing a blended future workforce with human beings working with machines. Human resource department has to prepare their workforce for this new future.
The up-skilling process involves employees having a say in the development of their career through training facilities, learning, and development, support and guidance from the HR department. This process helps HR managers to recognize a potential change in employee goals, motivations of the entire workforce, enabling good talent mobility and drives better organizational performance. Proper up-skilling helps to develop competencies to meet the future needs of an organization and the market as a whole.
To Sum Up
The HR department in an organization should be up to date with the latest trends prevailing in the market and ensure the company workforce is skilled correctly to handle upcoming business challenges, also taking care of employee engagement, promote wellness, and boost employee’s overall work life. Also, the implementation of AI and automation for various business operations will enable the organization to grow and reap financial benefits.