Introduction

0:27 Hello learners, welcome back to the course on AI in Human Resource Management. We move to the next lecture, where we will look into workforce planning. So we are traveling across different domains to see how AI is being utilized or how AI is facilitating different domains of HR. Specifically today, we will look into workforce planning. I'm Dr. Abraham Cyril Issac. I'm an assistant professor at the School of Business, Indian Institute of Technology, Guwahati. Now, when you look into workforce planning, this is one of the most critical aspects for the sustenance or sustainability of an organization.

0:55 Many times, we see that individuals do come into the organization. They get some training, develop themselves, become resourceful, and then leave the company. So many times, it happens that the organization invests for nothing. So this should not happen. Succession planning is vital. Workforce planning is essential. And how is AI enabling that? Let's look into that. First, we'll understand what workforce planning is all about. When you look into workforce planning, it is a systematic process that organizations use to analyze and forecast.

1:27 Their workforce needs, ensuring they have the right number of people with the right skills in the right positions