Transforming Human Capital: Leveraging Artificial Intelligence to Revolutionize HR Strategies in the Modern Workplace

Abstract

Objective: This article discusses an evaluation on the present innovative Human Resource Management (HRM) strategy and its transformation using AI in changing the face of the modern workplace. Theoretical Framework: Given the changes in technological landscapes, demographic trends, and current market forces, an organization must rethink their approach to HRMs. With this view, this article explores innovative HRM strategies in key areas such as talent acquisition, employee engagement, and skill development through the application of technology and new methodologies. It looks at the shift toward an employee-centric model, with an emphasis on more positive workplace culture, on greater and deeper diversity and inclusion, and on nurturing continuous learning. Method: Stratified random sampling was used in a mixed-methods technique to gather data from 100 respondents, which included employees, managers, AI specialists, and HR professionals, which used SPSS software to look at perceptions, advantages, and difficulties of AI in HRM.
Results and Discussion: The predominant findings found in the study reveal that AI substantially improves management of talent by (49.5%) and enhances the experience of employees by (29.7%). However, challenges such as bias in AI algorithms (34.7%) and absence of full disclosure (29.7%) emphasize the necessity of execution that is both ethical and responsible. Research Implications: The study reinforces laws that guarantee accountability, equity, and openness in AI-driven decision-making. the requirement for multidisciplinary strategies that integrate AI and HRM in order to reduce algorithmic bias and promote sustainable workforce development is accentuated