Successful Innovation & Change: Solving Business Problems using Robotics and AI
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This study explores the use of Robotics and Artificial Intelligence (AI) in solving business problems, particularly in HR management. It describes one specific problem that has been solved using these technologies and evaluates three different solutions. The study also discusses the link between innovation and business success.
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Table of Contents INTRODUCTION...........................................................................................................................3 Describing one business problem solve using Robotics.............................................................3 Critically evaluate Three solutions..............................................................................................5 Developing new and creative ideas for AI...................................................................................6 CONCLUSION................................................................................................................................8 REFERENCES................................................................................................................................9
INTRODUCTION The current study is based upon innovation and it also help to generate understanding about the new innovation. As per the digitalized era, every company uses Robotics and Artificial Intelligence (AI) that will help to cope up many issues and improve the operations of a business. Thus, report will describe one business problem which has already been solved using this advance technique. Further, study will critically evaluate three solutions and comparing and contrasting each one of them. Then, report will argue why innovation is intrinsically linked with business success. Describing one business problem solve using Robotics AI assist to solve the business problem of Human Resource management such that it helps recruiters and HR department in order to save time and increase efficiency. Such that earlier HR managers who do not use automation for task such that payroll and applicant tracking, training, job posting, as a result, they lose an average of 14 hours a week in order to complete the task manually (Angrave and et.al., 2016). Therefore, this will assist to solve the problem of HR for recruitment so that itwill help to minimize the issue that cause negative impact upon the working place. In order to solve the issue, there are three solutions available for the company, these are: Company uses AI for recruitment marketing so that HR of the top company will easily link to the job boards to the Google for Jobs ecosystem. This application assist the company to attract range of new suitable candidate forthe vacant job position without consuminghugetime.Forexample,Jobiak’salsousesthisplatformtogetnew employees for the company (Ahammad, Glaister and Gomes, 2020). AI powered as eSkill Recruitment screening tool which analyze that the era of resume is now over such that traditional resume is notconsider as an indicator of success for many roles. That is why, this is introduce in order to make data driven hiring decision and it is working on the software that helps to determine whether the candidate is applicable for the vacant position or not.
Helena as an AI centered recruitment assistant which function as a virtual headhunter and machine learning to identify the best possible employee- employer intersections. This will help to direct interact with the employees in order to generate the best result, such that 67% of the conversation is done with company and remaining is done by Helena’s hand. Through this, most of the qualified and smart candidate will easily recruit in order to generate best result. As per the 4 P’s model of Innovation space generated by Tidd and Bessant the tool help to explore the possible enhancement in each area such that: Paradigm:Using AI for solving the problem of recruitment by HR will help to generate the best outcomes for the company. Therefore, the incremental under this stage is such that it will help to solve the issue of HR of the company’s and they recruit best employee for the company without investing enough time (Yuand and et.al., 2020).Hence, using the best eSkill screening tool, HR of a company start making decision at different angles and this in turn leads to shifted their paradigm accordingly. Product:In this, HR focus to implement new digital technology for the companies so that they do not waste their time for manual work, this in turn leads to solve the problem of task distribution.Throughthis, the also analyze the performance level of the company’s employees and then determine their extra need. Also, most of the top companies especially IT firm uses this technique in order to save time and get best employee for the company without compromising anything. Robotics and AI are consider the smart technologies which assist to meet the define aim and objectives of the company and solve the problem. Process:This is all about to change the manual process to digitalized and for that the process of using AI is so simple. Such that they help HR to hire the best employee and as a result, they also improve the overall business operations without considering other thing like quality, salary.By recruiting the best employee will help to minimize the error and also meet the define aim and objectives of the firm as well (Tidd and Bessant, 2018). AI and Robotics also ask questions to the employees and this in turn helpto meet the define aim and objectives of the firm as well.
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Position:Earlier HR perform the work manually and now position themselves at top by using advance technologies. This is possible by investing into AI and Robotics will help to improve the business performance and operations.Such that when company start using AI then task of HR become easy such that they get enough time in order to focus on other task and they start performing smart work instead of manual work (Tuan and et.al., 2020). As a result, the company start generating the way to improve their overall business operations as well. Critically evaluate Three solutions Illustration1: Competency wheel for 1 solution
Illustration2: Competency wheel for 2nd solution
As the top company’s HR uses the AI for the recruitment and this will help to meet the define goal as well such that they actually comply with the Coynes 3-Conditions i.e. work, strength and impact. In accordance with it, using this AI advance technology within a system will help to recruit the employees and as a result, it helps to creates positive impact upon the company performance like, it is cost effective method and that is why, HR of the firm will focus upon other work. Moreover, in every company HR plays an important role which in turn assist to meet the define goal and objectives, that is why, by collaborating this, company also comply with the advance technology which in turn assist to meet the define aim and objectives (Libert, Mosconi and Cadieux,2020). Also the strength of using Artificial Intelligence is such that it work without error and it also recruit those employees which help a company to accomplish the define aim and objectives without affecting its operations in opposite manner. Therefore, it is clearly analyses that that this solution satisfy all the three condition of Coynes 3-Conditions. Therefore, it is analyzed that using AI for recruitment purpose will help to reduce the repetitive work and minimize the high volume task for HR and this in turn assist to generate best outcomes for the company. Illustration3: Competency of 3rd solution
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On the contrary side, it is critically evaluated that company also uses eSkill Recruitment screening tool through AI because most of the HR do not have enough time in order to select the best candidate for the thousand of resume(Zimmerman and et.al., 2018). That is why, top IT company uses this tool or advance technique which will assist to meet the define aim and select the best candidate out of many for the vacant seats. Also, it is analyzed that this solution also satisfy the Coynes 3-condition which is work, strength and impact. Therefore, it is analyzed that through this tool, most of the company also use this tool in order to get best outcome and select the best candidate for the company without considering any factor. Moreover, it is also analyzed that using this tool will also help to solve the problem of HR because select the candidate from resume takes a huge time and as a result, other work is also affected. Therefore, this is clearly reflected that it satisfy the third condition of the Coynes 3-Condition and that is why, it will assist to manage the work without affecting other work. Also, Recruitment screening toolis mostly use by the top companies in order to hire best employee so that they will help a firm to meet the define aim and objectives of the company. Its strength is to select the candidate through their personal and professionals skills which needs to be meet as per described specification so that it will not require enough time to hire the employees and that is why, it is mostly use by the companies. Applying and contrasting the implication of coynes 3 condition on the last problem it has been identified that AI centered recruitment assistant which function as a virtual headhunter. This will eventually work as software which will help the company in getting good amount of the proposals of different employee who are looking to work for the company. As with the help of the AI technology in the organization, organization will able to understand and evaluate the talent in the market more efficiently. This will eventually help the company in building a good sort of group of the employee base who are looking to enter into the organization and perform the job in the organization this will help the company in getting good help when they will require or any job post will be opened in an organization. Biggest strength of this solution is that this will help the company in building good work force of the company.On the contradicting note it will also help the company in maintaining good sort of efficiency in the organization, as with the help of the same in the organization will able to get the right employee in the organization as one post will be opened in the organization. As it has been find out that withthe help of this AI technology in the organization, organization will be ready with the good pool of the employee in
theorganizationtocarryoutdifferentoperationofthebusinessthatefficientlyinthe organization. At the same time it has been also critically analyzed that there will be many negative impacts which will be also brought in the organization. It has been analyzed that the technology will only able to understand the numerical stats of different employee, whereas it will get difficult for the company to understand the human behavior or attitude of the company in the market. As it has been highlighted that AI technology does not understand the felling of the human they generally used to understand the numerical stats which are presented in front of the different consumer in the market. Developing new and creative ideas for AI Innovation is interlinked with the success of the business. It is better be understand by understanding what does success means for the organization. Successes generally means the position of the business in the market, through which organization is able to satisfy the need of different internal and external factor which are affecting the growth of the business in a long run. Innovation generally looks at the need which is prevailing in the market and on the basis of same bringing new product in market which can help the company in attracting the need of the customer in the better and efficient way in the long run.Not only that, innovation also help the organization in being ready with the new offering of the company in the better way.Looking at the internal factor these are the human resource, assets of the company with the help of the innovation organization is able to find out the different way through which organization can carry different internal function of the organization in a way that it help the company in improving the efficiency of the business. For example with the help of innovation organization is able to bring different technique which help company in satisfying need of employee. This eventually will help company in getting interest of employee. External factor means political, social technology and legal with the help of the innovation organization is able to satisfy the need of customer which helps company in satisfying social need. At the same time it also helps Company in satisfying technology factor also as it used to help the company in understanding what is the best technology through which organization can satisfy the need of different customer
in the market more efficiently. So by evaluating above two statements it has been identified that innovation is linked with the success of the business. As identified above in the report as well that the organization is facing the problem of “HR managers who do not use automation for task such that payroll and applicant tracking, training, job posting, as a result, they lose an average of 14 hours a week in order to complete the task manually”(Kim, 2016).To solve the same problem for the organization, Organization is having variety of the creative idea in front of them; one of such is that they can come up with the new structure of the company and interlinking the AI technology with the same in the organization.Structure of the company should be in a way that it used to help the company in coming across the activity done twice by the individual. This will help them in managing the efficiency of different activity in better way.This can be done in the organization by making different group in HR department and specifying all the activity which they have to perform in the organization and interlinking all the activity of the company with the help of different AI technology. This can be done in the organization in a way that few members of the department will be asked to check the attendance of employee. Few employees will be asked to check the pay of the employee and few will be asked to build the different pay slip of the company. All the different team in the organization will be taking the help of different AI technology to link the different task which has been performed by all the small team in the organization. This will eventually mean that all the task of the company. The technology which I am looking to consider will be the invention of the nation. This Technology will be the AI robotics who will be collecting the different data with the employee and will go to the different team member who has provided the AI technology a task to be performed in the organization. This eventually means that different operation of the business will be reduced in the organization as collecting different data and checking the measuring of different data will be done by the AI technology for an organization(Haneda and Ito, 2018). This will eventually help the company in reducing the number of the employee or human power in the organization. This will bring the variety of the benefit for the organization.AI Robotic will be functioned in a way that they used to analysis the data by their own in the organization, also provide the clear comparison between the different data.On the basis of the same thing management of the company will be making variety of different decision in the organization.As it has been identified that efficiency of the business will be enhanced in the organization as AI technology can perform the different activity for larger
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period in the organization, as compare to the human in the organization. This will be one of the biggest innovations in the year 2030 as it has been find out that amount of competition is increasing in context of hiring good competency employee in an organization. So at that time organization will be present with good source of AI technology in the organization to carry out variety of different type of the resources. It will increase the finance of the company as it will demand good resources to procure the same in the organization but it will be the one time investment, as compare to the employee who has to be paid wages on regular basis(Zhang and et.al., 2018). CONCLUSION After going through the above report it has been concluded that organization is facing the problem that they are not able to complete the different HR function on time in the organization. After that the reports conclude that there are three different ways through which different issue of the same can be overcome in the organization. After that the report concludes the comparison and contrasting evaluation of three type of solution which has been find out in the organization. After that the report concludes that innovation is one of the best way through which different organization is able to achieve different success in the organization. In the end report conclude the creative idea through which these can be overcome in an organization.
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