AI-Powered Talent Management: Redefining HR Practices In The 21st Century

Abstract

The active evolution of the digital technologies has significantly transformed the organizational approaches, and the concept of artificial intelligence (AI) may be viewed as the necessary component of the paradigm shift of the human resource (HR) management. In this research paper, the researchers will explain how AI-driven characteristics are transforming the talent management practice in the 21 st century by enhancing efficiency, accuracy, and strategic decision making throughout the employee lifecycle. The paper discusses four critical dimensions, that is, talent acquisition, performance management, employee engagement, and workforce analytics. This paper dwells on how AI can be used to enhance the recruitment process to identify skill gaps and employee development programs by undertaking a systematic review of the existing literature and analyzing case studies of the most successful organizations in the world. Additionally, the article is a critical evaluation of the ethical, organizational, and socio-economic implications of the adoption of AI in HR processes. The issue of algorithmic bias, information privacy, transparency, and the potential substituting human judgment is introduced with the responsible adoption of technologies. Findings also suggest that despite the AI making HR processes more objective and scalable, its functioning needs ethical control, trust, and consistency of the organizational culture of the employees. The paper has concluded that the AI-based talent management is a paradigm shift of the conventional administrative position toward the more strategic, data-driven, and human-centered position. When AI is used responsibly, such organizations can achieve agility, inclusiveness, and workforce management innovation. The paper is among the contributions to the existing debates on the future of work in which the incorporation of technology and human cognition must be equal in the process of redefining the 21st century HR scenario.