Paper Title
REVOLUTIONIZING HUMAN RESOURCE MANAGEMENT: THE ROLE OF ARTIFICIAL INTELLIGENCE IN SHAPING INDUSTRY-SPECIFIC ASPIRATIONS IN INDIA
Abstract
This paper investigates the transformative impact of Artificial Intelligence (AI) on Human Resource Management (HRM) within the diverse industrial landscape of India, a burgeoning hub of technological advancement and economic growth. Amidst the rapidly evolving digital era, AI's integration into HRM emerges as a pivotal factor in redefining traditional practices and addressing the multifaceted challenges inherent to human resource operations. By harnessing AI, industries across India are not only automating routine tasks but are also leveraging sophisticated data analytics to enhance decision-making processes, thereby elevating the strategic role of HR within organizations.
The research delves into the specific HR challenges that AI seeks to address, including talent acquisition and retention, employee engagement, performance analysis, and workforce planning. It underscores how AI-driven solutions can offer personalized employee experiences, predictive insights for talent management, and efficient handling of HR administrative tasks, thus freeing up valuable time for strategic initiatives. Moreover, the paper highlights the critical role of AI in fostering a culture of innovation within HR practices, enabling companies to stay competitive in a dynamic business environment.
Through a detailed examination of various industries in India, such as technology, healthcare, finance, and manufacturing, this study showcases the sector-specific applications of AI in HRM and the resultant benefits. It also explores the opportunities that AI presents for HR innovation, alongside the challenges and ethical considerations that accompany its adoption. The aspiration of this research is to provide a comprehensive understanding of AI's potential to revolutionize HRM practices, offering insights and strategies for organizations looking to navigate the complexities of the digital transformation in the Indian context. By highlighting successful case studies and drawing on the latest academic and industry research, this paper aims to contribute to the ongoing dialogue on leveraging AI for HR excellence and organizational growth in India.
Keywords - Artificial Intelligence, Human Resource Management, Industry Transformation, Employee Engagement, Predictive Analytics, Automation, Innovation, Workforce Planning, Organizational Growth.