Page 25 - Newsletter-April-2018

Governance, Transparency and Service to Members & Students www.icap.org.pk hr news Quote Impact of “Happiness does not come from doing easy work but from the afterglow of satisfaction that comes after the achievement of a difficult task that demanded our best.” Artificial – Theodore Isaac Robins, American psychologist Intelligence Training & Development in HR Human Resources Department arranged the following training for the employees of ICAP during March 2018: Artificial Intelligence (AI) is becoming an integral part of major industries; from healthcare to advertising, Diversity & Inclusion Conference 2018 transportation, finance, legal, and education. Many organisations are witnessing the influence of AI at The conference was organised by HR Metrics in March workplace and how AI can best play a role in performing 2018 at Karachi Marriot Hotel with an aim to optimise daily operations more efficiently. Adding AI into this major organisational results. An employee from HR ICAP mix has allowed HR professionals to significantly attended the conference. improve operations by reducing administrative tasks, supporting assessments, and correcting related actions ICAP Job Fair 2018 in a bias-free manner. In the next few years, AI will be able to automate various administrative functions; hence, allowing employees to focus on other significant elements of their job, helping them to achieve better work-life balance, and enabling them to take on a completely new role to support the next generation workforce. Artificial intelligence will also evolve as a tactical and strategic asset for HR. Employees will be able to utilise AI to perform tactical duties such as recruitment and administration. Al is also helping managers in extracting The ICAP Human Resource department participated in and analysing statistical data of various tactical duties, the ICAP Job Fair 2018 which was held on February 27, allowing them to further improve their operational 2018 at ICAP House, Karachi. The event provided the ICAP efficiency and create strategic plans based on real-time students an opportunity to receive first-hand information data for business goals, employee retention, succession regarding career opportunities at the Institute. More than planning and organisational development. 30 leading organisations participated in the Job Fair. Artificial intelligence will help eliminate human bias as well. Not only will it further protect the company Happy Anniversary at ICAP from discrimination litigation, but also improve the The following staff of The Institute of Chartered balance of gender and demographics within the Accountants of Pakistan (ICAP) completes 10, 15, workplace. Companies will still require people in their and 25 years at ICAP during the month of April. HR offices for consultation and to make sure AI is Congratulations, to All! delivering information properly. In the end, AI will not ■ Umair Javed, manager Examination (10 years) be replacing the ‘H’ in ‘HR’ but will be supporting HR ■ Farida Hamid, officer Administration (25 years) to evolve as a core business function. ■ Yousuf Masih, janitor Administration (15 years) ■ Shahbaz Amanat, janitor Administration (15 years) Source: Forbes & HBR ■ Anand, guard Administration (15 years) April 2018 25