Vietnam needs to address its human resource issues to fully capitalise on AI A PwC study shows that the application of big data and AI into maintenance operations could increase by 38 per cent in the next five years. This technology allows companies to better understand assembly lines and anticipate maintenance errors. Thus, manufacturing companies are no longer dependent on a fixed maintenance schedule. If it is possible to predict technical errors, factories can avoid production disruptions, improve the life circle of machines and equipment, as well as stabilise production. In particular, intelligent robots with the ability to perform complex operations requiring high precision can soon replace people in dangerous stages, thereby increasing productivity and safety levels in factories. Not only in manufacturing, but many telecom companies have started AI applications in managing mobile phone subscriptions. VNPT has been actively investing in human resources to master many AI … [Read more...] about Will human resources become the weak point of AI?
Small business human resources
NEW YORK — While the culture or atmosphere at any business can be critical to attracting and retaining top workers, it needs to be a focus for small business owners who can't offer the kind of salary and benefits that bigger companies do. Many owners are busy with customers, vendors and finances, and culture isn't something they think about. Owners who want to develop a good company culture should take a first step of determining what kind of culture they want, says Jay Starkman, CEO of human resources provider Engage PEO. For example, a culture can be performance-based, strive for work/life balance, put employees' families first or be a combination, Starkman says. After that, an owner needs to formulate the policies that will support the culture, and then manage the business so those policies are enforced. "If you have a family-first or work/life balance culture, then you walk around at 5 p.m. and ask, 'why are you still here,'" Starkman says. "It comes from management. It comes … [Read more...] about How to create a good culture for your small business
Illustration photo Question: What are new regulations on human resource development for SMEs as stipulated in Circular 05? Answer: Regulations on the support levels from the state budget Circular 05 specifies the support levels from the state budget, namely supporting at least 50% of the total cost of organizing a training course for business start-ups, business administration and 100% tuition for attendants of SMEs in extremely difficult socioeconomic areas and attendants of SMEs owned by women when participating in training courses in business start-ups, business administration and intensive business administration. Regulations on training courses Circular 05 stipulates regulations in business start-ups, business administration, intensive business administration, direct training in manufacturing and processing enterprises, online training and training via mass media. Each training courses will provide learners with knowledge related to that training. … [Read more...] about Support for SMEs human resource development
Illustration photo The Ministry of Planning and Investment has issued Circular No. 05/2019/TT-BKHĐT on support for the human resources development of small and medium-sized enterprises (SMEs). The Circular guides training on business start-up and administration, direct training at SMEs, organization of online and mass media training courses for the SMEs and fostering a contingent of cadres, civil servants and officials on charge of supporting the SMEs. The State budget will sponsor 100% of expenditures for students of the SMEs located at disadvantaged areas and owned by women. Laborers and managers of the SMEs will be provided with accounts to join the online training courses on websites or smart phones. The Circular takes effect since May 12, 2019. Earlier PM Nguyen Xuan Phuc signed Directive No. 15/CT-TTg detailing specific steps to implement the Law on support for SMEs that took effect on January 1, … [Read more...] about Support for human resources development of SMEs
NEW YORK — While change at small businesses can come in a variety of forms, owners can improve their chances of success by being strategic and empathic with staffers. Denise Rousseau, a professor of organizational behavior at Carnegie Mellon University's Heinz College and Tepper School of Business, offers some basics that she calls Change Management 101. First, trust staffers to do what's needed. Don't micromanage them. "The more autonomy employees have, the easier change will be for them," Rousseau says. And, Rousseau says, give staffers as much information as possible. "People are your change agents," she says. "They're going to be engaged in it, and they need to have some understanding of the context" of the change. Here are change management strategies some owners have used: —Start with a plan, but also run it past an adviser like a management or human-resources consultant. When George Johnson wanted to retire from the Detroit accounting firm that bears his name, he … [Read more...] about Some tips to help small business owners manage change