Introduction
Management is the process of planning, organizing, staffing, directing, and controlling organizational activities to achieve goals efficiently. With the emergence of Artificial Intelligence (AI), management practices are becoming smarter, faster, and more data-driven. AI is transforming how managers take decisions and manage people and resources.
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Role of AI in Management
AI supports managers in various functions:
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Planning: AI systems use data analytics to predict upcoming demand and forecast market patterns while they work to decrease potential business risks.
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Organizing: AI systems help organizations distribute their resources better while they enhance their operational process management systems.
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Staffing: AI tools help businesses with their recruitment processes and they also automate resume evaluation and employee education systems.
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Directing: Managers use AI insights to understand employee performance and motivation.
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Controlling: AI systems provide businesses with the capability to monitor their operational performance during real-time operations which helps them maintain their production standards.
Example: Companies use AI dashboards to track sales performance and employee
productivity.
Benefits of AI in Management
- Organizations can make decisions more quickly and with enhanced precision through the use of AI systems.
- Organizations can achieve higher operational efficiency and better productivity results.
- Businesses achieve cost reductions through improved operational activities.
- The system provides enhanced precision together with superior performance monitoring capabilities.
Challenges
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Organizations face several challenges while implementing AI, including high initial costs, data privacy concerns, and the need for skilled professionals.
Conclusion
Modern management is undergoing a significant transformation through Artificial Intelligence as it enhances both decision-making processes and operational performance.Organizations need to develop future management systems through effective human–AI collaboration, where managers use AI to support their work while maintaining a strong focus on leadership and strategic planning.
Blog By:
Ms. Mumal Kachawa
Assistant Professor,Department of Commerce & Management
Biyani Group of Colleges, Jaipur
