Technological advancement often beckons businesses with exciting prospects for excelling in the operational capabilities of various organizational elements. The HR functions within a multitude of corporate entities have been steadily embracing the benefits of such ‘problem-solving’ solutions to streamline their transactional services. However, this has often presented its own challenges, especially, when inherent human ingenuity within the workforce is bypassed in favor of an ‘all-encompassing’ need to replace the existing talent with a promising technology to minimize the ‘complications’ rela ..read more

What’s the most important part of a successful enterprise? Is it the leadership, the overall mission, and vision, or the processes and end products that enable it to stand out amongst its competition? It could also be defined in terms of the overall profits and market share, right? All of these are definite success parameters, but what binds them all together, is the people. Organizational culture is the make or break point for any business, no matter on what scale it operates. We could be looking at an early-age startup or a multinational conglomerate with a global presence. What drives them ..read more

Digital transformation is more about people, and less about technology. On the contrary, the intelligent human brain is irrelevant if it cannot team up with innovative technology. Thus, when leaders think about investing in technology, they should first think about investing in the team that can make that technology useful. Businesses can buy any technology, but the ability to adapt to an ever more digital future depends on developing the next generation of skills. For Future-proofing businesses potential, closing the gap is must between talent supply and demand. The talent management eco ..read more

Metaverse is the next generation of the internet, enabling creators to deliver connected, immersive experiences based on activities. The internet has consistently demonstrated the capabilities to connect people, continuously evolving since the 90s, and the way we all interact with the web has evolved. The three critical eras of the evolution of the web are: Web 1.0 – Read-only static, desktop browsing, eCommerce, etc. Web 2.0 – Read & write interactive, SaaS, marketplaces, subscribed content, mobility, social network, etc. Web 3.0 – Read, write & trust, tokenization, de ..read more

The Emerging Technologies That Will Shape the Work in 2022 I was walking on the street. I saw a woman selling corn cob. I did not have any cash. She said you can pay online. She also had a QR code for easy payment. Then she told me that I can order online, and home delivery is also available. This is a pandemic after effect. I would not have even imagined this three years back. When we were fighting the pandemic, technology turned out to be our best option to remain social while maintaining social distancing. We got so used to technology in the past couple of years that technology has become t ..read more

The workplace of the 2020s already looks vastly different from what we could have imagined just a couple of years ago. Facebook’s announcement that it was embracing the metaverse and rebranding itself as Meta set off a frenzy. Despite the growing popularity of the term, the concept is still shrouded by mystery and is constantly evolving. According to Mark Zuckerberg, it is a kind of “embodied internet.” It is something you can jump into (through Virtual Reality) or bring to your reality (through Augmented Reality). E.g., the LiDAR scanner on the new iPhone can scan your surround ..read more

How Metaverse Leverages Employee Engagement and Trust We are already in a space where the digital world is more real than imagined. Gaming, shopping, education, entertainment, or fitness; there have been evident advancements through Metaverse, and sooner it will bring significant shifts to the world of work.  Connect, communication and collaboration become three primary elements in creating a culture of trust and building an engaged working environment. Humans, more than anything else, have always appreciated in-person connections. According to the conventional ways, trust strengthen ..read more

Metaverse is the new buzzword that has been making a lot of noise recently. From social media platforms to workplaces- the waves of this new technology are touching everyone around the world. Previously metaverse was just part of the gaming industry and people used it as nothing more than a means of entertainment. But today it is more than that, from hosting virtual weddings to conducting virtual job fairs, the scope of the metaverse is unlimited. But do you think that metaverse has the potential to transform HR? I think it has. According to the World Economic Forum, approximately 58% of compa ..read more

AI and Machinery Learning Models are the most complicated when implemented on Employee Rewards System. ‘Employee Rewards consists of – all the monetary, non-monetary and psychological payments that an organisation provides for its employees in exchange for the work they perform.’ Crafting a Tailored Rewards Strategy is not as simple as these statistical equations Simple Linear Equation α ^ = y ¯ − ( β ^ x ¯ ) , β ^ = ∑ i = 1 n ( x i − x ¯ ) ( y i − y ¯ ) ∑ i = 1 n ( x i − x ¯ ) 2 = s x , y s x 2 = r x y s y s x . (A linear approach for modelling the relationship between a scalar response and o ..read more

In 2022, the pandemic is very much still a fact of life for many of us. COVID-19 will continue to play a significant role in shaping the workplace. The pandemic has accelerated many positive trends — from the emergence of the hybrid model to a renewed focus on employee voice, technology investments, well-being, and benefits. The COVID-19 pandemic continues to impact global economic growth. For 2022, Goldman Sachs has downgraded its forecast for annual U.S. GDP growth to 4% from a prior estimate of 4.4%. Meanwhile, regional growth in Europe and Central Asia is forecast to mo ..read more