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Showing posts from January, 2024

GETTING THE BEST FROM TODAY'S EMPLOYEE

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An employee of the 21 st century must be seen and related with as not only a stakeholder but a shareholder of the business – do otherwise and see your business bow at the effect of their collective strength. In the dynamic landscape of today's workforce, harnessing the full potential of every employee is crucial for both individuals and organizations. It is very crucial for every firm to critically know their employees and relate with each of them in ways to get the very best from them. Some employees are very key to the core business of the firm and may be the targets of many other firms in the industry. So, knowing each employee will allow you to realize that creating a flexible work schedule for an employee who is not well paid will stay with you if you provide room in their work schedule to allow them to take up other remote jobs. Here are some insights and strategies to help employers optimize the working relationship with the team of employees they manage, creating a thr...

ARTIFICIAL INTELLIGENCE AT THE WORKPLACE

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Artificial Intelligence. ARTIFICIAL INTELLIGENCE. This is intelligence but artificial, a product of Natural Intelligence. Integrating artificial intelligence (AI) into the workplace has significant implications for employees. The impact can be multifaceted, affecting various aspects of work, job roles, and the overall work environment. The relationship between employees and artificial intelligence may be complex but evolving. Successful integration requires a strategic approach, including clear communication, ongoing training, and a commitment to addressing the broader societal implications of AI in the workplace. Balancing the benefits of AI with the well-being and career development of employees is essential for a positive and sustainable work environment. CONCERNS ABOUT ARTIFICIAL INTELLIGENCE IN THE WORKPLACE AND HOW TO ADDRESS THEM While there are many benefits to using artificial intelligence in the workplace, there are also potential drawbacks for employers to consider. He...

AN ENGAGED STAFF

  Employee engagement is a human resources concept that defines how connected an employee is to the success of their job. Engaged employees feel the sustenance, growth, and maturity of their organizations largely depend on them. An engaged employee is in it for more than a paycheck and considers their performance directly linked to the company's success. An engaged staff is connected to the firm in three areas: physically, psychologically, and emotionally. A physically engaged employee commits his or her strength to getting tasks done at the right time. They do not shy away from tasks that demand lots of energy to get them accomplished. A psychologically engaged staff does not stop intellectual hurdles when they meet them in their lines of work. They engage their minds to think and process the issues until they arrive at a solution. Emotionally engaged employees attach a great sense of fulfillment when the business makes strides in reaching its targets so if they are faced ...

SHADES OF HUMAN RESOURCES

  Any individual who through education, training, skills, and knowledge in a particular business field is willing and able to contribute to the productivity of a firm is considered a human resource to the firm. It is also true that employees do vary one from another in their level of productivity and resourcefulness. Just as with employees, business organizations can also be classified into 3 categories: start-ups, growing businesses, and established and highly competitive businesses. Each of these three categories listed above cannot and should not recruit any kind of job seekers. The dynamics of the business environment for a startup is very different compared to an already growing business which is building consistency in their products and services and maintaining their customers. This is also significantly a different experience from a largely established one investing more resources to maintain its market share in a highly competitive space.    It is very e...

WHAT IS HUMAN CAPITAL?

  As the most crucial factor of production which gives value to the remaining factors, the people working for the firm have been given several labels in various situations – staff, worker, labor, and employee among a few others. Human Capital refers to the economic value of a worker’s training, experience, and skills. Besides the definition of human capital as the human being, human capital also refers to the varied qualities acquired by an employee in any given business setup that when engaged efficiently, translates into profits for the business. They include communication, analytical skills, education, technical skills, creativity, experience, mental health, and personal resilience. The idea of Human Capital can be traced to the 18 th century when business owners regarded people as tools needed to turn out goods for sale or hands to deliver a particular service targeted at fetching them monetary value. In the relationship that existed, business owners did not have anything ...