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More than 50 Percent of Indians plan to quit jobs right after the completion of 12 months in their respective current jobs: Study

Despite the favorable attitude towards the job, Indians feel that they can't be themselves at the workplace.

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Stressing over tasks is not going to help achieve targets. But turns out writing about it can. (Representational Image ), Pixabay
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March 22, 2017: According to the Mercer study, it is noted that more than half (54 percent) of the Indians plan to quit their jobs right after the completion of 12 months in their respective current jobs. The Mercer’s 2017 Global Talent Trends Study states that even the employees that are not planning to leave their current roles feel laggard and are not been able to pose their real self at work and are unlikely to thrive in a collaborative and innovation workplace.

Mercer’s study reveals the insights from over 7,500 perspectives globally, 461 of these in India, and parallels the views of senior business executives, HR leaders, and employees from organizations around the world.

Ilya Bonic, President of Mercer’s Career business stated, “In an age where digitization, robotics, and AI are wreaking havoc with traditional business models, it is easy for executives to focus on superior technology as the solution to ensuring the competitiveness of their organizations and to overlook the human element,”.

Bonic further concluded that growth hinges on engaging and empowering present manpower in ways that we are just beginning to tap. It takes employees loaded with the right skills and opportunities to develop innovative solutions to advance the business and themselves.

In addition to it, the Mercer Global survey propagated that whilst Indian companies want to redesign their structures, their organisation structures are resistant to change. It said that only 11 percent of the business executives say their organisation is adaptable to changes. The number is still higher than the global average of just 4 percent.

In the survey, 83 percent of organisation in India reported they are planning to redesign their structure in the next two years. Conversely, human resource (HR) leaders do not lay emphasis on job redesign as their primary concern in 2017. As a matter of fact, the matter of primary concern for HR leaders are explicitly building skills across the workforce, identifying high potential, developing leaders for succession, and attracting top talent externally – as it reflects the priority of evolving employee capabilities, however, may not align with executive’s goals for more substantial workplace change.

In HR leaders list of the top management’s priority, “heath” is ranked in the bottom half despite 53 percent of the workforce regarded health as a matter of great concern than wealth.

Flexible work arrangements are also important to employees, with over two-thirds reporting that both their direct manager (73 percent) and company leaders (70 percent) are supportive of it.

The C-suite and HR leaders concede that they do not foresee a “gig economy” – short-term contracts or freelance work – to have a major impact on their business in the next two-year span.

– Prepared by Naina Mishra of Newsgram, Twitter: Nainamishr94

 

 

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Microsoft to hardsell AI to transform Indian businesses

Through the use of remote-sensing data from satellite images, the farmers are given sowing advisories for each climate and also predictions for the prices of crops

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Microsoft to pay $250,000 to help them catch chip bugs. Wikimedia Commons
Microsoft's Sangam is a cloud-based platform. Wikimedia Commons

Microsoft on Wednesday said it would work with 650 Indian vendors to deploy its Artificial Intelligence (AI) solutions for improving and transforming Indian businesses across verticals.

“We are working with our partners to bring AI to all sectors in India, which offers a huge opportunity to create a positive impact in the world over. Our partners will give solutions to solve societal and business problems,” said Microsoft India President Anant Maheshwari at the company’s conference here.

AI will help Indian businesses to grow.

The Indian arm of the US-based tech firm showcased its recent AI solutions at the event on “AI for all in India”, where its partners converged to drive the new disruptive technology. The multinational technology firm is working to “democratise” the AI technology and make it available for all, said Microsoft’s Executive Vice President, Business Development, Peggy Johnson.

“As we discover newer challenges in the world we live in, AI can help us find better and more sustainable solutions,” she said. Through a tie-up with city-based healthcare firm named Forus Health, Microsoft said it has put together its AI-based retinal imaging interface into Forus Health’s digital imaging devices to examine and evaluate a human eye.

Also Read: Microsoft completes renewable energy deal for Bengaluru facility

The AI technology is expected to help in identifying diabetic retinopathy (a complication of diabetes that affects the eye) among diabetic population. Microsoft is also working with other partners and vendors like Indian e-tail major Flipkart, Indian online cab aggregator, Ola, for its automated entertainment system Ola Play among others for AI-based solutions including demand forecasting, fraud detection, customer segmentation etc.

This AI can also predict prices of crops.

The technology is also being put to use to forecast the agricultural output, for which Microsoft is working with the Karnataka Agricultural Price Commission, under the state’s Department of Agriculture.

Through the use of remote-sensing data from satellite images, the farmers are given sowing advisories for each climate and also predictions for the prices of crops such as “toor dal” depending on the output, in advance, thereby helping farmers manage their crops better. Several of Microsoft’s partners are also making use of facial recognition and text analytics solutions, which make use of AI. IANS