Productivity

Companies embracing AI-led processes globally are experiencing remarkable growth, surpassing their peers with higher revenue growth and greater productivity, according to a report by Accenture. In India, the percentage of organisations fully modernised with AI has surged from 8 per cent in 2023 to an impressive 25 per cent in 2024, marking a significant leap in operational efficiency and revenue generation, the report said. The findings are based on a survey of 2,000 executives across 12 countries and 15 industries, including insights from 200 senior executives based in India. The report, titled "Reinventing Enterprise Operations with Gen AI," highlighted that globally, organisations that have adopted intelligent operations are achieving 2.5 times higher revenue growth and 2.4 times greater productivity than their peers. This trend underscores the transformative power of Generative AI, which has become a catalyst for innovation across various sectors. Notably, 79 per cent of Indian

While it is essential to have large corporations leverage economies of scale, the government must ensure that firms do not use their dominant positions to stifle competition

But Hershey said the four plaintiffs ignored disclaimers that such details were only a DECORATING SUGGESTION, and other images that lacked such details

USDA now estimates this year's net farm income, a broad measure of profitability in the agricultural economy, will hit $140 billion in 2024, down 4.4% or $6.5 billion from a year earlier

Around 41 per cent women have asked for a reduction in their hours, 31 per cent said it has negatively impacted their mental well-being

Slow Productivity is Newport's eighth book; he is also a professor of computer science at Georgetown and a contributing writer at The New Yorker

IBM said it was using Adobe's tools, which can generate images from text-based prompts, to help with marketing campaigns

A significant percentage of recruiters believe cultivating a positive work environment and rewards and recognition are essential to boost employees' productivity as against traditional time-based metrics, according to a survey. In contrast to the traditional approaches of evaluating employees based on time and attendance tracking, 7 out of 10 employers prioritise quality work and key performance indicators like targets and project completion rate as the primary indicator of productivity. The survey by jobs and professional networking platform apna.co said that the move towards quality work and target completion as against traditional time-based metrics marks a major shift in productivity assessment approaches. As per the survey, 77 per cent of recruiters believe cultivating a positive work environment and rewards and recognition are essential to boost employees' productivity. Moreover, 5 out of 10 recruiters preferred training and development and regular feedback to minimise ...

Our goalpost and gaze need shifting from external chest-thumping on world rankings to prioritising human capital and productivity in our polity and election promises

Poor dietary patterns have a significant economic cost, warn health experts

India must address basic structural flaws

Artificial Intelligence and generative technology is more of an assistant rather than a self-functioning unit, and it is difficult to say if it will work on its own in the future, Salesforce India CEO Arundhati Bhattacharya said on Friday. Speaking at a media roundtable, the American technology company's India Chairperson said at present, there is always a human involved in AI operations. "It's more of an assistant right now. We have not reached the point where we can allow it (to operate independently)... will it be totally on its own at some point, is very difficult to say now," she said. She added that Gen AI brings in affordability, and unlike blockchain and crypto, it has specific use cases to solve problems. Addressing data concerns for cloud in regulated industries like Banking, Financial Services and Insurance (BFSI), Bhattacharya said data localisation and compliance changed the ambit of operations for Salesforce. "Before 2020, we did not get into the regulated industries

Cotton farmers need genetically modified seeds

The use of technology in the judicial system can ensure transparency, productivity and efficiency, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said on Saturday. The chief minister said this at the inauguration of the North Zone-II Regional Conference on 'Contemporary Judicial Development and Strengthening Justice through Law and Technology' here. Highlighting the importance of technology in making the lives of common people easier in every field, including the judiciary, he emphasized the need to view technology as an ally in bringing about change and strengthening the judicial system. With the inclusion of modern technology, the functioning of the judiciary has accelerated and during the COVID-19 pandemic, virtual hearings had proved a boon for all, which saved both money and time of the people, he said in a statement issued here. A reliable and speedy judicial system, he noted, is essential for a healthy and self-confident society, as well as for the development of the

India should aim to gain from the change

Salesforce is reportedly preparing for another round of layoffs amid leadership changes

Cost pressures a concern, though, as crude, currency volatility remain

Several companies, the report claims, have introduced higher variable pay and employee engagement budgets while cutting down the internet allowance to make employees return to the office

Only 9% of managers say hybrid work model gives them confidence that employees are productive

Chairman M Venkaiah Naidu has expressed disappointment saying "obstruction is destruction of parliamentary democracy".