Cognizant Tech Unveils HR Practices: Also Read
Cognizant Tech Unveils HR Practices: Also Read
Practices
Sanjay K Pillai | BSCAL Last Updated at January 27, 2013 23:41 IST
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US-based Cognizant Technology Solutions has put in place a series of human resources
(HR) practices which will, it hopes, make its goal of a P-CMM certification easier.
Bhaskar Das, head, human resources, Cognizant, said the company had put in place
measures like assessment centres for psychometric profiling two years back and is in
the process of implementing `Peoplesoft' for HR and project management. The company
hopes to get a P-CMM rating of three or four by the last quarter of 2001.
It is left to the discretion of the employee whether they want to act on the feedback given
to them by the consultants and approach the HR department for corrective action.
Cognizant, Bhaskar points out, hopes to streamline HR processes to help its P-CMM
foray by integrating the existing system with the best benchmarked systems of
Peoplesoft.
https://www.business-standard.com/article/specials/cognizant-tech-unveils-hr-practices-
100051301015_1.html
https://www.cognizant.com/perspectives/automating-hr-to-empower-people
. . .
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Automating HR to
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2018-10-11
Learn more, visit our Digital Operations Practice
New forms of digital technology are upending the ways and means of
business. Hierarchical organizational structures are giving way to matrix
configurations and project-focused teams. Simultaneously, the pace at
which work is done is accelerating, thanks to the voluminous data
generated by mobile and other Internet-enabled devices. However, not
all processes are equal when it comes to automation. A survey
by ServiceNow found that while 54% respondents use intelligent
automation in at least one business process, there are still automation
gaps that need to be filled — prominent among them is HR, in which
only 37% of all tasks are automated.
This lack of automation adds to the time HR managers spend on
completing repetitive tasks manually. The amount of time lost ranges
between 14 hours to 30 hours a week. This is in stark contrast to the
pace at which enterprises are automating their processes. A survey by
Willis Towers Watson, for example, found that by 2020 nearly 20% of
work tasks performed by U.S. companies will be automated. If HR
remains a laggard in this automation effort, it will inevitably lead to
problems. For one, automation will eventually change work dynamics.
Second, automation will require a different set of skills, pushing
enterprises to rely more on part-timers, consultants and other outside
contributors who power the gig economy and provide specific expertise
as needed.
This signals a profound change in the way enterprises manage their
talent pools, requiring the HR department to be more agile in deploying
talent anywhere in the organization at a short notice. This will be made
more challenging by factors such as geographic presence, where
varying regulations and cultural diversity call for more adaptive work
structures that can flex with ever-changing requirements. Companies
that resist HR automation risk being left behind when it comes to
attracting and retaining talent in the digital age. Reducing manual
processes to improve HR’s agility would be a no-brainer. More important
are the benefits automation could bring to the HR department and the
enterprise.
Impact of Automation
The basic tenet of automation applies to HR the same way as it does to
any other function — i.e., the reduction in mundane tasks performed by
employees, which allow them to use their creative skills on more
pressing business challenges and contribute more constructively to
creating business value. From the HR team’s perspective, this means
HR can make meaningful contributions to strategic initiatives such as
succession plans, and creating competitive benefits and compensation
plans.
Advanced analytics
Integrating advanced analytics into existing HR systems will allow
organizations to make more informed fact-based decisions by applying
data from disparate data repositories. The ever-increasing volume of
data can be sliced and diced using soft-coded rules to gain answers —
such as understanding employee potential — that would be hard to
gauge using hard-coded rules such as employee attendance, or targets
achieved. If used correctly, these analytics can boost engagement levels
while giving the HR team deeper insights into employee productivity,
skills and motivations.
Conversational AI
Chatbots are a relatively recent phenomenon, aided largely by the rise
of social media platforms such as Facebook, and smart speakers such
as Amazon Alexa and Google Home. In a very short time, chatbots have
gained popularity with businesses and consumers alike (across
generations) for their instant responses, and 24x7 availability. For HR
teams, chatbots hold immense potential to make the enterprise-
employee experience pleasant and productive. Beyond engaging with
potential job candidates as noted above, chatbots can conduct
background checks and enable easy onboarding of selected candidates.
They can also answer FAQs from existing and new employees, improve
training efforts by making an interactive experience instead of a one-way
communication, and for end-of-year reviews, enable instant feedback
and performance insights.
Blockchain
The distributed ledger technology that powers blockchain has found use
cases across industries and processes, and HR is no different.
Blockchain-based smart contracts can automate the release of
incentives, benefits and compensation. Employee data stored on
blockchain can act as an irrefutable record of performance and could
potentially eliminate the need for a resume, making the recruiters’ job a
lot easier. This would be a boon for seasonal and contract-based
employees since their work credentials could be validated instantly and
payments released automatically upon completion of tasks spelled out in
the terms and conditions of a smart contract.
Mitigating Bias
Despite its wide-ranging applications in HR, AI has drawbacks that need
to be addressed if it is to truly become an extension of the HR
department. Algorithms replace human processes, but replacing humans
altogether needs careful implementation. By design, an AI-based
process is only as good as the data it is built on. For example, natural
language processing (NLP) algorithms have been found to be ineffective
when handling African-American dialects of English because they were not
trained to understand these dialects. Similarly, AI tools also need to be
trained to understand terms commonly used on social media platforms
such as Facebook and Twitter.
To learn more, visit the Digital Operations and Human Capital
Management sections of our website or contact us.
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