Tharindu Bandara - London Met MBA - ESOFT #24

COVID-19 is an unprecedented health crisis that has strongly shaken the whole world, plunging it into great fear and uncertainty. It has heavily impacted economies, societies, employees, and organizations. This crisis has started first in the city of Wuhan (China), which has witnessed in December 2019 the outbreak of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) that has known a fast spread propelling its status to a global pandemic on March 11, 2020, by the World Health Organization (WHO, 2020). The challenges that COVID-19 has thrown at HR professionals are certainly not what they expected. The economy has been hammered by uncertainty, employees are under duress, and HR professionals are doing their best to keep everything in perspective and in sync. Is it, however, as straightforward as it may appear? HR faces new challenges as a result of a sudden shift in work culture. HR professionals' top priorities are now crisis management and how to keep employees engaged, ...

This article/post is linked to a previous article/post on "How Technology is Transforming Human Resource Management (HRM)". It would be great if you could read it first.  Click here for that article/post. HR Technology has managed to shape the future of HR department in several important ways: Better Employee Scheduling and Tracking Figure 01 Simple things like overlapping leave requests can throw a company's productivity into a tailspin. HR software that is appropriate for the job allows HR teams to keep track of employee availability and adjust schedules as needed. This enables the company to run at maximum efficiency throughout the year.         Easier Access to Crucial Information Figure 02 One of the most important responsibilities of the HR department is to ensure that employees have timely access to important information. This increases transparency within the company and fosters a culture of trust, both of which are essential for employee productivity. H...

HR Technology has changed the industry's most fundamental practices. HR Tech is the application of cutting-edge technologies like AI (Artificial Intelligence), RPA (Robotic Process Automation), and ML (Machine Learning) to critical HR processes. HR technology is allowing repetitive tasks like on-boarding and payroll to be automated, and AI is helping to improve recruitment processes. Employee engagement is also driven by HR technology, which includes determining employee satisfaction and facilitating employee development and retention. HR technology has numerous advantages in various areas of HR, ranging from employee scheduling to automation of repetitive tasks and cost savings, to timely information access. Companies that seamlessly integrate HR Tech are far more likely to retain talent and increase productivity in an increasingly volatile, uncertain, complex, and ambiguous (VUCA) environment. Figure 01 Introduction  In the last two decades, technology has wrought massive change ...

Human Resource Management (HRM) is concerned with the "people" aspect of management. Because every organization is made up of people, acquiring their services, developing their skills, motivating them to perform at a high level, and ensuring that they maintain their commitment to the organization are all critical to achieving organizational goals. Regardless of the type of organization – government, business, education, health, recreation, or social action – this holds true. Organizations that can attract, develop, motivate, and retain exceptional employees will be both effective and efficient in meeting their objectives (expanding the least amount of resources necessary). Inefficient and ineffective organizations run the risk of stagnating or going out of business. Human resource management encompasses those activities designed to provide for and coordinate the human resources of an organization Human resource functions refer to those tasks and duties performed in organizat...