We are delighted to present the fourth instalment of our Talent series today. This edition delves into the crucial element of a prosperous modern enterprise, examining it from multiple angles. Our objective is to enhance our insight into talent, its influence in the workplace, techniques for cultivating it, and strategies for leveraging its potential.
Artificial Intelligence (AI) has gained widespread acclaim as a groundbreaking technology with the potential to revolutionise our society. Despite the variety of narratives surrounding AI, from the sanguine outlook of it heralding a new enlightenment era to the more pessimistic vision of a future resembling that in the Matrix, it is critical to ponder on how talent views AI and its possible advantages.
With the escalating utilisation of artificial intelligence (AI), concerns about its conceivable impact on employment are also on the rise. It is reasonable to worry that AI could oust human workers, and this constitutes one of the three primary obstacles to AI’s mainstream adoption, alongside company culture and complexity. Nevertheless, it is crucial to acknowledge that AI can also stimulate the creation of novel jobs, boost productivity, and generate fresh opportunities for employees.
It is advantageous to move away from the doomsday forecasts about the failure of artificial intelligence (AI), since opposition to novel technology is not novel. Rather, it is more gainful to contemplate how AI can effectively elevate the quality of human work.
Optimising Performance through Effective Utilisation of AI
The idea that artificial intelligence (AI) will eventually usurp all human employment is too simplistic. Although this is a remote possibility in the long run, we cannot currently perceive AI in this manner due to its insufficient intelligence to replace a multitude of human occupations. According to a McKinsey survey, only approximately half of the 2000+ operations across 800+ vocations can be automated. While this may appear daunting, it should not be interpreted as implying that entire professions are prone to automation. In fact, the same survey indicated that only 5% of jobs are genuinely automatable.
Studies have revealed that physical tasks in meticulously organized and anticipated contexts, as well as data collection and processing operations, are some of the most feasible for automation. Conversely, professions that entail managing, consulting, and engaging with stakeholders appear to be the least automatable. Moreover, the study indicates that 60% of the vocations assessed contain some operations that can be automated, accounting for 30% of all tasks.
The findings indicate that the introduction of Artificial Intelligence (AI) into the workplace is unlikely to present an immediate threat to human job security. It is likely that the current pattern of deploying AI in certain phases of processes, while humans continue to take care of the bulk of operations, will persist. In other words, we can expect humans and machines to collaborate.
Our initial deduction is that Artificial Intelligence (AI) has the potential to function as a platform aiding humans in advancing their own capabilities. If AI were to undertake routine tasks, it would provide individuals with more time to occupy themselves with activities that necessitate higher-order thinking, such as creative problem solving, strategizing and planning. This could be immensely valuable to the human workforce by freeing them from tedious and monotonous work, and allowing them to enhance their abilities in other areas.
Collaboration Among the Top Talents in the Business World
Simply introducing technology does not automatically ensure that the implementation of Artificial Intelligence (AI) will enhance performance. Integrating AI in business operations will not necessarily augment the quality of human personnel. For optimum results, it is crucial to devise a comprehensive strategy for introducing AI into the workplace, to avoid leaving human workers to work in collaboration with AI independently.
The adoption of Artificial Intelligence (AI) is evidently becoming more prevalent, and consequently, many organisations need to contemplate the most effective way to support their most valuable employees with regards to progression to higher roles. In this series, we have explored some potential applications that could facilitate this reskilling and professional development process. Investing in employee training programmes could enable companies to acquire the necessary talent adaptability to surmount the challenges posed by today’s business environment.
Organisations can reap the rewards of reskilling and upskilling programmes to amplify the in-house capacities of their workforce, and to adequately prepare for integrating AI technology. Implementing an “AI as a stepping stone” approach can foster enhanced value for the business. As automated technology assumes responsibility for the majority of mundane tasks, it is crucial for employees to reskill and upskill to capitalise on the newfound liberty and heighten their employability.
A Java development company may choose to employ artificial intelligence (AI) to automate an array of operations such as code generation and review, bug resolution, testing, and optimization. This would substantially decrease the amount of time spent on such tasks, allowing the Java developer to undertake more projects or direct their attention to more specialised tasks that require their expertise.
Businesses can hugely benefit from Artificial Intelligence (AI), which can provide help in the recruitment process and aid in successfully matching job applicants to positions. This is precisely what our AI-driven Staffing Hero platform at Works facilitates. By leveraging sophisticated algorithms, the platform is capable of assessing the requirements of our clients and evaluating the qualifications and characteristics of potential applicants, ultimately leading to a harmonious match.
Deploying an efficient recruitment process entails a range of benefits for both our clients and team members. By matching the necessary experts with the appropriate projects, the standard of service and likelihood of success are markedly enhanced. Furthermore, integrating AI into the recruitment process has a positive impact on morale, crucial for staff motivation and long-term retention, as previously highlighted in our series.
It is essential to acknowledge that Artificial Intelligence (AI) has the potential to enhance employee engagement through various applications. By leveraging innovative technologies such as Natural Language Processing (NLP), biometrics, and machine learning, organisations can acquire greater insight into their employees’ attitudes and morale. For instance, by monitoring the ways in which individuals interact with each other, it is feasible to discern subtle cues such as annoyance, anxiety and joy, and obtain real-time feedback on employee engagement. AI can also provide guidance on how to boost engagement and reward those workers demonstrating high levels of engagement.
When endeavouring to employ Artificial Intelligence (AI) to boost employee engagement, it is crucial to account for an organisation’s internal regulations. While some organisations may be unable to avail themselves of this technology, businesses that possess the ability to be adaptable and appreciate the significance of each individual employee for the organisation’s success as a whole, can substantially benefit from AI. This underscores how AI can truly elevate human resource management.
More Than Just a Tool for Achievement
Numerous organisations still perceive Artificial Intelligence (AI) as a costly technology that could be advantageous, yet they may overlook the immense potential of AI to boost employee engagement and productivity. This is unfortunate, as AI has the potential to be extraordinarily advantageous for businesses, equipping them with the capabilities to be more versatile and pioneering, and better positioned to confront upcoming challenges.
Artificial Intelligence (AI) represents more than just a formidable tool; it has the potential to be a revolutionary influence in advancing internal talent and readying organisations for the future. This is not a straightforward undertaking, but it can be accomplished through meticulous planning and a re-assessment of talent-directed initiatives, as well as the implementation of reskilling and upskilling programmes. Those who meet these prerequisites will be capable of unleashing the potential of AI to elevate their internal talent.