Add Thesis

Transforming Corporate Learning using Automation and Artificial Intelligence

An exploratory case study for adopting automation and AI within Corporate Learning at financial services companies

Written by Petter Klinga

Paper category

Master Thesis

Subject

Business Administration>Management

Year

2020

Abstract

Master Thesis: Enterprise learning As an organization's ability to process knowledge has developed into one of the most important factors for its sustainable success, the need for knowledge and learning management systems within the organization has quickly emerged. However, in order to enable people to easily access and share information, there is an increasing demand for knowledge management within the organization, which makes it possible to implement various effective knowledge management solutions. The tacit knowledge previously held by very specific individuals can be transformed into information available to others. However, some scholars believe that this may not be enough to create knowledge. Organizations may encounter knowledge or skills gaps in order to successfully deal with unfamiliar challenges and employees’ current capabilities are available. In addition, because the learning process of an organization is a tool for creating corporate knowledge, it has become a learning organization, and corporate learning has evolved into an important part of any organization seeking sustainable success (Crocetti, 2012). In addition, according to Crocetti, acquiring new human resources in 2012 can be a very expensive process, sometimes in trouble due to the lack of required capabilities in the labor market. Therefore, training has become an important organizational function to support the organization's need to continuously improve the skills of its employees. In addition, as many researchers have concluded, the success of any organization is related to the quality of the labor force (Christensen & Overdorf, 2000; Fiol & Lyes, 2005). However, in order to maintain this level of quality, many organizations face numerous obstacles. Facts have proved that providing training for employees of an organization is an important contributor to enhancing their ability to achieve organizational goals. In addition, these obstacles include attracting and recruiting smart and enthusiastic people to join the organization, but still being able to fully motivate. According to the European Foundation for the Improvement of Living Conditions (2000), the quality of work life is a multi-dimensional structure composed of multiple interrelated factors. These factors include job security, job satisfaction, productivity, health, safety, capacity development, and professional skills development, which subsequently highlight the contemporary state of corporate learning. 2.2 Artificial Intelligence In the 21st century, artificial intelligence (AI) has developed into an important research field in almost all fields, and extraordinary progress has been made in engineering, finance, medicine, and education (Halal, 2003). As described by Lacity and Wilcocks (2018), artificial intelligence is a general term that makes computers behave and think similarly to humans, and one of the most remarkable qualities that humans possess is the ability to make rational decisions based on previous experience. Historically, compared with humans, computers are much faster in performing complex calculations. In addition, a major obstacle for computers is their lack of intelligence, which prevents them from solving problems without a set of predetermined rules to define their subsequent behavior. However, the field of artificial intelligence has made tremendous progress in recent years, making computers more and more suitable for tasks that require human intervention. An important factor contributing to these advances is the development of neural networks (NN), which attempt to simulate a computational replica of the human brain, in which the development of AI by processing a large amount of information is still in progress, especially in its social and organizational environment. Application. As Burgess (2018) describes it: "Artificial intelligence is in a conscious unknown field", which means that we realize that we don't know enough about artificial intelligence. However, because the application of artificial intelligence is still in its infancy, its impact has had a significant impact on multiple industries, such as manufacturing and retail and e-commerce (Burgees, 2018). 2.2.2 The key components of artificial intelligence As mentioned above, artificial intelligence is a general term applicable to various concepts and technologies. The following table summarizes and summarizes some of the most prominent areas of artificial intelligence and their applications described by many researchers and industry experts. 2.2.3 Web-based adaptive and intelligent education systems According to Brusilovsky and Peylo (2003), adaptive and web-based education systems (AIWBES) provide an alternative "-Web methods are in the development of educational software. In short, Airbus tries to improve adaptability because it uses the model to adapt to their unique needs in its interactions with learners, thereby building a model to understand each learner’s goals, knowledge and preferences . Read Less