Apart from finance, which serves as the lifeblood of the organizational support functions, the HRM function more than any other support function, has the task of ensuring that the organizational policies and procedures are implemented and any grievances of the employees are taken care of. For instance, it is common for the HRM function in many organizations to combine hiring, training, providing assistance during appraisals, mentoring employees, and deciding on pay structures and grades. Considering the fact that the ascent of the services sector IT, Financial Services, BPO has meant that people are the key assets for organizations, the importance of the HRM function has grown by leaps and bounds thanks to the preponderance of the services sector. This has given impetus to many aspiring HR professionals to try and make a career for themselves in the HR field thanks to the burgeoning demand for HR professionals.
The world of data changes every day and every hour. New innovations have hugely increased the quantity of data and the possibilities available to people and institutions who want to collect and use it.
In defining the Sustainable Development Goals to take us through to the yearwe have an opportunity to discover new ways of assessing wellbeing, measuring global development and making swift interventions in times of crisis. Looking at the changes over 15 years gives us an indication of how different the world could be over the next Since when the Millennium Development Goals began, there has been a surprisingly swift uptake of technology even in developing nations.
Such innovations offer exciting new opportunities, but also throw up big challenges around privacy, public trust, and the potential abuses of data. Legal frameworks have not yet caught up with rapidly advancing technology.
Public sector bodies are also starting to use big data and new technologies. Public health researchers are gaining valuable insights from using anonymised mobile phone data on human migration and linking this to the spread of malaria and dengue fever. The increasing use of internet-enabled devices with sensors will provide still more opportunities both to improve the way services are delivered and also to harness that data to gain faster insights into whether interventions are working.
Mobile technology services are also drivers of information that can empower citizens, be it apps that tell farmers when to optimally plant crops, micro-loans for fledgling enterprises or medical information for front-line health practitioners in remote settings.
Much of the big data with the most potential to be used for public good is collected by the private sector. As such, public-private partnerships are likely to become more widespread. The challenge will be ensuring they are sustainable over time, and that clear frameworks are in place to clarify roles and expectations on all sides.
The Independent Expert Advisory group welcomes input regarding how the opportunities of emerging technology and methodologies can best be realised for public good.
Creating incentives and regulatory structures to encourage private enterprises to share data and pilot new ways of working. Encouraging links between public and private sectors to research new methods, pilot their use, and encourage dissemination. Developing privacy frameworks that protect the privacy of individuals without hampering life-saving uses of data science for public good Capacity-boosting on new sources of data and the use of new technologies in the field of international development, humanitarian assistance and statistics.
Examples of new innovations and methods that have demonstrated potential for improving the frequency, reliability, accessibility and usefulness of data. Examples of success in bringing together official and non-official data sources, and traditional and non-traditional methods.
What are the factors behind the success stories, and what have been some of the challenges? Supporting widespread adoption of new and innovative ways of working where proven effective.Welcome. INSEAD’s faculty excel in developing research that inspires, supports and challenges business leaders across industries.
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