Role and Impact of Artificial Intelligence on Business Strategy and Workforce Management

Contemporary
Management Issues

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Using competitive strategy models and HR theory, critically evaluate the role and impact of
Artificial Intelligence on the overall business strategy and the management of workforces in
organisations within a global environment..................................................................................1
Critically evaluate and discuss the importance of talent acquisition, learning and development,
and change management in the current global competitive climate............................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
An AI system is primarily concerned with activity which is completed in electronic format
by people with the assistance of robots, as well as improved technological application through
the application of software (Bolino, Long and Turnley, 2016). Artificial Intelligence is widely
employed in modern environment because of its high speed and capacity to comprehend like
people. This is a very advantageous technique with clever computing which might assist in
accomplishing job or duties more readily since it includes the potential to execute multiple things
smoothly and profitably on schedule. The topic of current administration challenges focuses on
the handling of human resources inside an organisation where there is no commitment to
occupation, security, working environment, workplace involvement, workplace pressure, staff
attrition, and so forth. Worker demands, possibilities for professional progress, effective
budgeting, managerial style, work-life harmony, and marketing efforts are some of the primary
difficulties which companies are continually facing. This research would examine AI technology
in multiple companies and its effect on corporate planning inside a company. There would also
be a lengthy discussion on the necessity of personnel recruitment in light of recent developments
in worldwide competitive administration. This essay would discuss the relevance of personnel
recruitment and growth, as well as altering administration inside a company, for general
company expansion and competitive rivalry.
MAIN BODY
Using competitive strategy models and HR theory, critically evaluate the role and impact of
Artificial Intelligence on the overall business strategy and the management of workforces
in organisations within a global environment
Human capital concept is important in terms of training, information, advancement,
progress, abilities, and efficiency of human resources which may be enhanced and evaluated
inside a company. Companies are currently confronted with a slew of problems and concerns
relating to rapid technological advancements, shifts in qualifications required, learning &
support, and increased competitiveness, to name a few (Donnez and Dolmans, 2016). Various
activities or processes inside a corporation are carried out according to the particular
requirements of a company in terms of technique, capabilities, expertise, and understanding. Due
to the obvious modifications or technological developments and the ongoing necessity