If a strong productivity strategy is to succeed, companies should focus on attaining future goals through activities that increase total employee productivity.

The tasks of the human resources department have expanded beyond just complying with laws and regulations and managing staff. CHROs are responsible for a variety of operations in today’s workplace, including developing a strong employer brand, implementing initiatives to boost productivity and employee engagement, and fostering relationships with workers that endure beyond their time with the firm. Although the usage of software and other digital tools can enhance productivity, just 2 in 5 companies are open about the efforts they take to guarantee the tools are bias-free. In the aftermath of the pandemic, HR professionals will have the chance to reinvent their value offer in the year 2023.

HR professionals have effectively guided their firms through the crisis by facilitating hybrid work, focusing on employee experience, and highlighting the importance of their contributions to the company’s success.

HR professionals can make a big influence on their businesses in the next years with the correct assistance by introducing new policies and procedures to guarantee employee safety and well-being, facilitating remote work arrangements, and promoting diversity, equity, and inclusion in the workplace. The pandemic crisis has hastened changes in working practises, and today’s remote, dispersed, and deskless workforces rely on their employers to guide them through this transition. To thrive, businesses should focus on attaining future goals through efforts that increase total staff productivity.

Using AI-powered HR technologies

AI continues to demonstrate its worth in improving HR efficiency and performance, with executives citing cost savings, data-driven decision making, and improved employee experiences. Gartner expects that by 2023, conversational AI platforms will be used to start 75% of HR questions. Additionally, conversational AI is predicted to save $80 billion in contact centre agent labour expenses by 2026, making it an attractive HR technology option.

It happens because we behave more quickly when we know all important information has been examined. Employees gain from a better experience when we automate and customise operations.

HR Automation Using Current Technologies

HR technology makes advantage of current technology that employees already use and does not necessarily necessitate the creation of a new system. This contributes to a better employee experience and more effective HR operations. Mobile applications for time monitoring, cloud-based HR management systems, and AI-powered chatbots for handling HR questions are some examples. HR technology may be introduced more quickly and efficiently by using current technologies.

The deployment of a WhatsApp chatbot is a user-friendly communication technique with high open rates. WhatsApp automation can assist us in accomplishing all of this and more with a personalised touch, such as conveying critical and urgent communications on short notice, gathering or offering and giving comments on work-in-progress, delivering newsletters, listening to an employee’s issues, asking questions, and expressing thanks to an employee are all examples of constructive feedback.

Sort Out Your ‘Remote’ Game!

Remote labour is not uncommon in today’s industries, and the Covid-19 epidemic has made it one of many “new normals”.

Some firms continue to believe that working remotely leads to inefficiency and a lack of output, yet this view has been disproven. Providing a flexible work schedule can significantly boost productivity since it depends on the employee’s personality type and lifestyle to determine when they are most efficient. This is due to the fact that having control over their work schedule allows individuals to work outside of the usual 9 to 5 schedule when they are more productive.

Webinars and training should be held

Staff members may be educated and developed on a regular basis by hosting events on a regular basis and encouraging healthy competition. Organize webinars and online training sessions to help your employees learn about the latest technologies in the workplace. Technology and productivity are inextricably linked, and continuous attempts to learn new things are required.

Emphasis on employee involvement

Employee engagement is critical for company success, staff retention, and performance. Poor engagement is caused by a lack of acknowledgment from management, insufficient corporate communication, and a lack of understanding of the firm’s goal and engagement programmes. To maintain a healthy work environment and keep employee engagement, employers must give assistance and address these concerns.

An added benefit

Building a productive staff is a continuous process that necessitates HR professionals being current on the newest trends and best practises. Implementing AI-based HR systems may boost productivity dramatically by automating repetitive operations, delivering data-driven insights for decision making, and increasing employee engagement through tailored experiences. Yet, it is critical to remember that AI technologies are merely a means to a goal, and they should be utilised in conjunction with other tactics to develop a comprehensive approach to productivity. HR executives can build a more productive workforce that promotes corporate success and encourages people to realize their full potential by using the power of AI and applying the guidelines suggested in this article.

Adani Enterprises, Adani Power, and Adani Wilmar, all managed by Gautam Adani, have been placed under short-term supervision. Adani Enterprises was kicked out of ASM on March 6 and is currently being monitored again.

Gautam Adani, an Indian businessman, is making a quick recovery from the Hindenburg vortex. He is now the 22nd richest person in the world, having risen 12 positions in a week due to a big jump in share prices. Since three of his firms’ shares were previously held under review due to a share tsunami, the NSE has now placed three stocks under watch again amid the unexpected surge.

Gautam Adani’s three shares have been placed under short-term monitoring since Thursday. Adani Enterprises, Adani Power, and Adani Wilmar are among them. The most relevant fact is that Adani Enterprises was kicked out of ASM only two days ago, on March 6.

The National Stock Exchange (NSE) is now once again monitoring it. For almost a month, Adani Enterprises’ shares were placed under short-term monitoring. The announcement of being placed under surveillance had an immediate impact on this stock, and it fell as soon as the stock market opened for the day. Around 10.30 a.m., Adani Enterprises had dropped 3.61 percent, and at 2.10 p.m., the drop had risen. At the time of writing, it had dropped by 4.78 percent, or Rs 97.45, and was trading at Rs 1,942.20.

On Wednesday’s final trading day, there was a surge in shares of all Adani firms, and an upper circuit was enforced in five equities.Although Adani Enterprises has declined after being included in the ASM framework, the other two equities are moving at a rapid rate. Adani Power has reached the upper circuit, rising 4.98 percent to Rs 195.90. Apart from that, AdaniWilmar Limited is up 2.46 percent to Rs 472.75.

According to another National Stock Exchange circular, Adani Green Energy (Adani Green Energy) and NDTV (NDTV) will be removed from Stage 1 of Long Term Additional Supervision on Thursday, March 9, 2023. A -2 has been entered. Adani Green has an upper circuit implemented on the stock market, and it is currently trading at Rs 650.20, up 5%. NDTV’s stock, on the other side, is trading at Rs 244.80, up 1.07 percent. Indeed, when there is a significant uptick in the company’s shares, the exchanges place them under a short or long term extra surveillance framework, i.e. enhanced surveillance. This is done to ensure the security of such investment.