Impact of Automation on Human Capital & Management: A strategic shift for new opportunities & rising challenges.
Mr Sarvesh D. Muley.
Research Scholar.
GS. College of Commerce & Economics, Nagpur.
Place: Akola.
Email ID: sarveshdmuley07@gmail.com.
Dr Mahesh Chopde.
Assistant Professor, DMSR.
GS. College of Commerce & Economics, Nagpur.
Place: Nagpur.
Email ID: drmaheshschopde@gmail.com.
Abstract
While conducting any business, whether it is Manufacturing, service-oriented or agricultural-related related the factors of production play an essential role for the smooth functioning of the entire business. In this research paper, we will discuss the impact of this automation and related techniques on human capital as well as on the entire management of the organisationIn this research, we will analyse the level of impact of automation on human resources, on management, as well as the necessity of re-skilling and up-skilling that arises because of automation. We are also analysing different types of automation techniques adopted as well as starting to adopt by the organisation for the smooth functioning of their organisation and to bring operational efficiency. In this research, we are going to use primary as well as secondary data in order to make our research more reliable, valid and practical. In the primary method of data collection, we are collecting the data by circulating the structured questionnaire with the five-point Likert scale with the targeted population of employees, manager-level professionals and individuals working in the top-level management. In this research, we will use a stratified random sampling method as we divide the responses between the three different groups that are operational level staff, mid-level staff & top-level management. In the secondary method of data collection, we will analyse the existing literature, articles, and journals already published regarding this subject. Through this method, we will analyse the different types of automations in detail. This study has expected outcomes with respect to the impact of automation on human capital, organisation and management.
Keywords: Human capital, operations, organisation, management, employees, automation, artificial intelligence, Industry Revolution 4.0.
