e-ISBN : 978-93-6252-594-9Publisher : Iterative International Publishers (IIP), Selfypage Developers Pvt Ltd.Volume : 3-2024
AIM & SCOPE
The evolving digital landscape has fundamentally transformed the way organizations manage both human resources and financial strategies. As artificial intelligence (AI) becomes a cornerstone of modern operations, its influence on HR and finance functions is unprecedented. The fusion of AI with workforce management and financial strategies has opened doors to data-driven decisions, enhanced employee experiences, and optimized resource allocation. This book, AI-Powered HR Finance: Transforming Workforce Management and Financial Strategies in the Digital Age, aims to provide a comprehensive exploration of these powerful advancements, offering insights into the profound ways AI is reshaping the future of work. In today’s competitive environment, businesses must adapt to an ever-changing digital economy where data and analytics drive every major decision. Traditional HR functions— recruitment, employee engagement, performance evaluation—are now increasingly enhanced through AI’s predictive capabilities and automated systems. Meanwhile, financial strategies are more reliant on machine learning algorithms and intelligent automation to minimize risk, improve forecasting accuracy, and streamline complex financial processes. By bridging HR and finance through AI-driven practices, organizations can achieve a more resilient and agile framework, responding effectively to both market demands and workforce expectations. This book delves into various dimensions of AI's impact on HR and finance, including intelligent talent acquisition, real-time performance tracking, strategic financial planning, and predictive analytics for workforce trends. It highlights the potential of AI to create synergistic solutions that not only enhance business outcomes but also support an engaged, empowered, and future-ready workforce. Case studies, industry insights, and research-backed findings enrich each chapter, illustrating real-world applications and success stories from organizations that have embraced AI-powered transformation. AI-Powered HR Finance is crafted for HR professionals, finance executives, organizational leaders, and academics who are passionate about harnessing the power of AI in strategic workforce and financial management. By addressing both the opportunities and challenges posed by AI, this book seeks to provide a balanced perspective that will prepare readers for the ethical, technical, and strategic considerations of the AI-driven era. Our goal is to inspire, inform, and equip readers with the knowledge to lead their organizations into a future where human capital and financial assets are optimized, integrated, and innovatively managed through AI. In an age where adaptability is paramount, this book aims to be a guide for those ready to leverage AI not just as a tool, but as a transformative force for building resilient, inclusive, and forward-thinking organizations.
Chapter 1AI IN LEARNING AND DEVELOPMENThttps://www.doi.org/10.58532/nbennurptch1
Chapter 2AI POWERED DIVERSITY AND INCLUSION AT WORKPLACE INTERNATIONAL INSTITUTE OF MANAGEMENT AND HUMAN RESOURCE DEVELOPMENT (W)https://www.doi.org/10.58532/nbennurptch2
Chapter 3ETHICAL CONSIDERATIONS OF AI IN HR & FINANCEhttps://www.doi.org/10.58532/nbennurptch3
Chapter 4AI-DRIVEN TALENT ACCQUISITION AND RECRUITMENThttps://www.doi.org/10.58532/nbennurptch4
Chapter 5COMPENSATION AND BENEFITS: AI APPROACHhttps://www.doi.org/10.58532/nbennurptch5
Chapter 6AI IN GLOBAL TALENT MANAGEMENThttps://www.doi.org/10.58532/nbennurptch6
Chapter 7AI IN HR AND FINANCEhttps://www.doi.org/10.58532/nbennurptch7
Chapter 8AI IN HR FINANCE: A FUTURE PERSPECTIVEhttps://www.doi.org/10.58532/nbennurptch8
Chapter 9AI FOR EMPLOYEE RETENTION AND SUCCESSION PLANNINGhttps://www.doi.org/10.58532/nbennurptch9
Chapter 10FINANCIAL FORECASTING BUDGETING WITH AIhttps://www.doi.org/10.58532/nbennurptch10
Chapter 11AI IN FINANCIAL RISK MANAGEMENT https://www.doi.org/10.58532/nbennurptch11
Chapter 12AI IN WORKFORCE PLANNING AND PERFORMANCE MANAGEMENThttps://www.doi.org/10.58532/nbennurptch12
Chapter 13AI IN EMPLOYEE WELL-BEING AND HEALTH MANAGEMENThttps://www.doi.org/10.58532/nbennurptch13
Dr. Rishikaysh KaakandikarAssociate ProfessorSai Balaji Education Society's Sai Balaji International Institute of Management Sciences, Pune.
Dr. Yashwant LembheAssociate Professor Sai Balaji International Institute of Management Sciences, Pune.
Dr. Sandeep RaskarAssistant ProfessorProgramme Coordinator, and Dean of Student Welfare at G. H. RaisoniInternational Skill Tech University, Pune.
Dr. Pranita SonarAssistant ProfessorSmt. Hiraben Nanavati Institute of Management and Research for Women.
Prof. Sachin WadekarAssistant Professor, Zeal Institute of Management and Computer Application, Pune.