ARTIFICIAL INTELLIGENT APPLICATION
IN MANAGEMENT
-
Arul
kumar
Abstract: Artificial
Intelligent would be a great help for the managers to make decisions in the
management. AI helps in interviewing the employee and collects the data. It
communicates the working details and companies rules to the employee. So it
reduces the work load of managers. AI guides the managers in correct technologically but users
Introduction:
The management has to update their
technology in the field of organizations. AI placed vital role AI voice human being must address to the
issues according to necessitate arises in the business. When human beings are
compare to the Machines, in the machines are controlled and programmed by men.
So it’s an artificial intelligent and human made machine to do work better with
this help.
Application
in Management:
Artificial Intelligence applied in
enterprise for reducing mistakes and avoids frauds. AI brings good customers
and builds up the good relationship with management. It’s
also supports the managers to know the performance of employee who is executed
faster their targets. It keeps the
records of the employee’s details and promotes them to the next level. The
management is ready to pay higher scale salary to the employee. AI helps the managers to make quick
decisions. The managers must feed the companies rules and regulation, policies
and workers details, company related data for better performance. The AI system
worker faster compare to the human being.
Applying
Artificial Intelligence in day to day Activities of Management
Artificial Intelligence has the
restricted use in the field of industry. It is programmed such way that it acts
according to the management procedures.
It collects data for doing automatic work like, self driving cars,
manufacturing and fitting parts of machines, data producing and financial
statements, business stacks and employee reports, security and fraud detection,
online retailer support. AI place vital role in management and evolving day by
day for planning the business. It reduces the stress for managers and it helps
the management to act effectively in the business.
The
business process and decision making
The industries have huge machines
which are very difficult to operate and maintain in it. So they apply the
artificial intelligence to perform this action which is programmed to finish
the target. Human beings are very difficult to operate the huge machine and
maintained it. Human application is very difficult to attend failure because we
don’t know where the mistake has taken place exactly. It indicates the defect parts in the machines
and rectify immediately without much delay.
In the other factor is that the chemical industries dangerous to the
human being so they apply AI to perform action.
In the telecommunication used the
AI for automated voice reply which is used for customers responds immediately
without delay. It has set off answers for best fit for the customers and it
generates answers automatically according the need of the hour by collecting
data. The application collects the data and analysis for the future respond. For
an example, the fuzzy logic models, Neural network models, Bayesian networks, game
theory and other technique models.
Performance
in Profit Making
The AI makes impact on the industry
to run as the huge profit maker. It analyzes the day today activities and produces
the report. It produces the collective and cognitive report of the firm. It assists daily works according the data
that collected through customers and acts the business promotional activities. Algorithms
helped the managers to run the business. Logistics used in the trucks for
efficient travel pattern to forecast the weather, fuel consumption, traffic etc. Human resource department and staffing
agencies use AI implementation to choose the best employee for the industry. It
chooses best fit person for the work. It is also used in market prediction to
know about the market status, raw materials, production, demand and supply,
price fixing for the products, product recommendations.
The
Impact of AI on the Management
AI reduces the burden of management
and finish the target very fast when compare to the direct human labour. It
reduces the management cost by appointing different categories of workers in
the management. AI works in manufacturing companies and fitting machines where
all works is done by the machines. It created such way that it designs
according to the customer’s preference and taste. The information feed into system for managing
and organizing the industry for successful business. AI made changes in the
management according to the performance. In the beginning, AI implemented
through basic innovative ideas and adopted the situation of the industry for
managing whole industry. AI upgraded through software development to manage and
organize in the company. The labourer reduced due to the AI implementation in
the industry. AI based voice reorganization system that kills the job of manual
labourer. It is successful in the industries but it affects the livelihood of
people where lot of people unemployed in the countries. It is used for the
industries where the man power is very less but it happens all over the world
to implement the latest technology to make huge profit in the competitive
world.
Conclusion:
Many industrialists are very keen
to know about AI application in the business for better and faster perform
their tasks. AI avoids stress for managers and makes them to take better
decision. It monitors everything that is assigned which has capacity to do
multi task maker in a day. The software created for particular task to achieve companies’
goal that is maximizing the profit by applying this. Companies will use the
artificial intelligence in the management to make profit in the future. The software
methods system may differ but the concept remains the same. The artificial
intelligence are chat boats, voice recognizer, e-commerce, and communication in
the workplace, health care, human resource & management, logistic and
supply chain, cyber security, hotel, resort, travels etc., Artificial
intelligence would be a more demand for future industrialists to do their work
because humans labour are very difficult to get them and shortage of workers.
References:
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