Productivity in business is essential to success, and if you haven’t already invested in AI, you want to boost staff productivity with artificial intelligence in 2023.
As per Forbes.com, the investment in AI technology is enormous, with overall investment predicted to hit nearly $100 billion by 2023.
AI is a significant technological advancement that businesses need to incorporate to boost staff productivity and stay competitive. Any business can benefit from AI, whether incorporating AI technology designed for specific tasks or covering a diverse range of functions.
To survive in today’s digital world, organizations are looking for ways to streamline operations and processes to become more efficient, cost-effective and agile. Knowledge is power, so it’s no surprise that AI technology is increasing productivity and efficiency in the workplace.
AI Can Automate Repetitive Tasks
Work is more than the tasks you complete. It’s about the impact you have and how you solve problems. But many people’s workdays are filled with mundane tasks that don’t allow them to make an impact or solve complex problems.
AI is changing that. AI automates repetitive tasks in your workday so you can focus on the creative solutions, complex problem-solving, and impactful work that matter most.
AI is the solution that automates unproductive work.
Automation targets specific tasks within a role – particularly repetitive ones businesses consider “low-value”. PWC found that 72% of business decision-makers believe AI is vital for allowing humans to focus on more meaningful work.
Employees can focus on creative solutions, complex problem-solving, and impactful work thanks to AI automating mundane tasks.
Recruitment and Retention
AI technology can help HR departments find the best candidates for specific roles. AI can assist by scheduling interviews, automating background checks, streamlining communication and gathering information, and automating resume screening.
Screening resumes efficiently is a big challenge in talent acquisition, with 52% of talent acquisition leaders saying the most challenging part of recruitment is identifying suitable candidates from a large applicant pool.
AI also helps to increase employee retention. Artificial intelligence and machine learning can detect patterns in employee behaviours and performance and alert the HR manager of any issues before it’s too late to fix them.
The Future of AI in the Workplace
Artificial intelligence is a hot topic in business, with McKinsey predicting AI could contribute $13 trillion to the world economy by 2030.
Technology drives how we communicate and collaborate, enabling us:
- to easily share ideas
- access vast information at once
- to work in new ways
AI can directly improve employee productivity and increase employee work satisfaction and happiness.
Studies have shown that happy employees work harder and that happiness makes people around 12% more productive.
More than just being dissatisfied with their job (doing mundane tasks that are not fulfilling), bored employees are far more likely to quit their jobs and have lower productivity levels. So, AI can directly help reduce the meaningless elements of work that antagonize and disengage employees.
Embrace AI for the productive savings it can offer, and it should be used in areas where it performs better than humans:
- complex calculations
- routine tasks
- pattern recognition
By embracing AI’s strengths, it offers the potential to fundamentally alter the type of work we undertake.
Boost Your Staff Productivity
Artificial Intelligence is rapidly making its way into the workplace, touching all aspects of our business, from staff recruitment to manufacturing.
Many companies have already been developing productivity-enhancing AI technology. Speeding up and simplifying processes frees up an employees’ time to focus on tasks that add value to the business (and themselves), making better use of their human skills.
AI technological tools, if used correctly, can have a significant impact on the work environment and employee experience.
AI holds enormous potential to improve employee productivity. However, for the business to truly benefit, staff should be adequately equipped and trained to use and understand how it works.