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Successful Innovation & Change: Solving Business Problems using Robotics and AI

   

Added on  2023-01-12

13 Pages3391 Words44 Views
Successful Innovation &
Change SIC rtssssgad

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 it will 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 for the vacant job position without
consuming huge time. For example, Jobiak’s also uses this platform to get new
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 not consider 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. Through this, 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 help to meet the define aim and objectives of the
firm as well.

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