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Culture Documents
MODULELEADER:DR.RAJAROYCHOUDHARY
NAME:
ABHYUDAYAVI KRAM SI
NGH(
CMBA2Y3)
NTI
BAssi
gnment
Cr
it
ical
l
yexami
net
hei
mpactofmachi
nel
ear
ningi
nHRpr
ocesses
keepi
ngi
ntoaccountt
heChi
neseSoci
alCr
edi
tScor
eSy
stem andhow
woul
dthi
simpactt
hef
utur
ewor
kpl
ace.
Whati
sDat
a,Bi
gDat
aandMachi
neLear
ning?
China'
ssocialcreditpr ogram i
sani nnov at
ivepr ojectt
odev elopa
databasethattrackst heact i
onsofi ndivi
duals,compani esand
governmentsar oundt hewor ldi
nr ealtime.Thepr ogr
am woul dusebig
datatocreateahi ghtr ustcommuni t
y,wherepeopl eandor gani
sati
ons
obeytherules,accordingt otheChi nesegov ernment .Itwoulddosoby
awardingsocialcredi
tr at
ingsbasedont hei
ract ionstoeachper son,
whichareconv ertedint oanumberofi ncenti
vesandpuni shment s.
Themai
nai
m oft
hesoci
alcr
edi
tpr
ogr
am i
stot
rackanddet
ermi
net
he
tr
ust
wor t
hinessofeachent
it
y,par
ti
cul
arl
ywheni
trel
atest
othel
aws
andotherrul
esthatfol
l
ow.
Itmainl
yappliest
ocr edi
tworthinessforpeopleinasi mil
armanneras
howthecr edi
trat
ingswor kinWest er
nnat i
ons.Althoughthepr ogram
hastheabili
tytobeexploit
ed,itskeyaimi stoaddressChi na'
sdilemma
ofbeingalowconf i
dencesoci etywit
hmi nimalcreditknowledgef or
eachperson.
HowChi
na’
scor
por
atesoci
alcr
edi
tsy
stem wor
ks
Thecorpor
atesoci
alcr
editprogr
am captur
es,aggr
egates,andanalyzes
marketdat
atocreat
ear anki
ngthatdefi
nesincent
ivesandpenalt
ies.
Businessesandotheror ganisat
ionsgatherdataont heirownact i
vi
ties
andsendi tt
orelevantlocalandr egi
onalagencies,accordi
ngt oast udy
fr
om theEuropeanChamberofCommer ce,andt henconsolidatesthe
dataintheRegionalCreditInfor
mat i
onExchangeNet work,whichisa
consoli
dateddatabase.
Poli
cyagenciesalsosendreport
sdi
rect
lyonbusinessesthr
oughregular
governmenti
nspections.Thi
sdatai
sthenincor
poratedint
otheNational
Int
ernet
+Moni tor
ingSystem whi
chanal
yzesthedataforrat
ings
cal
culati
on.
Businessesaremeasur edf orthemostpar toncommonr egulatoryand
compl i
ancerequirement sthatt heyarecurrent
lytechni
callyboundt o
fol
l
ow.Thi sinv ol
vespay i
ngt axesont ime,keepingthenecessar y
permits,meetingproductqual itylevel
sandf ul
fi
ll
ingthecriteri
af or
envi
ronment alconservation.Addi ti
onal
ly
, f
irmsaresubjectt oanv ari
ety
ofi
ndust r
y-specifi
ccri
teriabasedont heirmarketexist
ence.
Nonet hel ess,thesocialcredi
tschemeposescer tai
nf r
eshandt ougher
conditions.Theneedt otaker esponsibil
it
yf orthebusinesspar tner si
s
oneoft hemostpot enti
all
ytr
oubl esome.Andi facor porati
onf ul
f il
l
sall
i
tsregul at orycri
teri
a, i
tcanstillbepenalized.Businesseswi thlow
rati
ngsf aceaser i
esoff i
nes.Forst arter
s,theycouldbemor eregul ar
ly
checkedoraudi tedbyaut hor
ities,disquali
fi
edf rom publicprocur ement
programs, unabl
et otakeadv antageofbenef i
ts,andpubl i
clycalledand
shamed.
Fur
ther
more,
sincecor
porat
ionsareresponsibl
eforthei
rpart
ner
s,i
t
wouldbemoredif
fi
cul
tforl
ow-scoresbusinessest
odev el
op
par
tner
shi
pswi
thot
heror
gani
zat
ions.
Businesseswil
l l
andonabl ackl
isteit
herfr
om alowsocialcredi
tranki
ng,
orfrom aparti
cularbreachthatof t
enimpactsarankingnegati
vel
y.
Chinanowhassev eralnati
onalandr egi
onalbl
ackli
ststocombinewi t
h
thesocialcr
editsystem fordif
ferentfor
msofv i
olati
ons.
Inst
ead,highscoringcompanieswil
lbeputona" r
edl
ist
"Inaddit
ionto
compl i
ancewithlegalandregul
ator
ystandar
ds,companiesmayr ai
se
thei
rscoresbyconst r
ucti
veactssuchascorpor
atesocialr
esponsibi
li
ty
programs,whichcouldincl
udeinvol
vementinpoli
cymeasuressuchas
povertyal
levi
ati
on.
Howcant
hisbeusedi
nHR?
Empl
oyeecompensat
ionandbenef
it
s
Def
ini
ng/
desi
gni
ngwor
k.
TheChineseSocialCreditRat
ingModel conceptcanalsobeusedwi del
y
i
nHR.Si nceChi
neseSCSusesbi gdataandmachi nelearningtogather
dataandcreat
et r
endsf ordeci
siontakingandassessingi ndivi
dualand
companysocialstat
us,compani esmayuset hesamei dentif
icat
ionand
tr
aini
ngmodelstoassessempl oyeebehav iour
.
HRAnal y
ticsisaperfectwaytoassessandf orecastWorkplace
behaviour.Everycompanyhasi t
sempl oyeedat awhichcanbeusedf or
social
r ankingpurposes.Muchli
ketheChi neseSCSi ndi
vi
duals,t
heir
acti
onscanbecat egorizedasgr
adedA, B, C,D.Thesescoresinthe
fol
lowingf iel
dsofHRwoul dbeagreathelp:
Recruit
ment:Incredibl
yeff
ecti
veincarryi
ngouttaskssuchas
recr
uiti
ngtal
entandassessi ngthesuccessofemployeedetai
ls
andacl earr
anking,whichwill
all
owt heorgani
sati
ontoatt
ractthe
besttal
entfortherightwork.
Compensat
ion:I
tshoul
dbest
rai
ght
for
war
dtoassesst
he
dist
ri
buti
onofsal ar
iesandot heremol
umentstostaffonthebasi
s
ofthei
rresul
ts,andthej obforHRwouldbemi ni
mizedbecause
ther
ewoul dbeconsi derabl
edataandrel
evantpoi
ntstodecidet
he
extr
aresourcestoof fer
.
Labourcost s:Payrollcostsarethetotalcost sofanempl oyee-
rel
atedbusinesscov er i
ngwages, pensions, taxesandi nsurance.
Recruiter
sandadmi ni
st r
atorsofhumanr esour cesmustt akeinto
accountlaborcost sinallfacet
soft hei
rempl oy ment.Whenan
empl oyeehasbeencl assifiedaccordi
ngt ot hedat aprovidedand
hisresult
sbef ore,
itwi l
lbeeasiertohandl ehi swages, pensions
andot heremol umentswhi chwi l
lbeaf ai
rf orbot hthebusiness
andt heempl oyee.
Cont rolofpeopl e:thiswi l
lbethemostv aluableaspectofan
organi sati
on'screditrati
ngpr ogram.Peopl ear eofdi f
ferent
emot ions, sosolutionsv ar
y.Ast rongv i
ewoft heemot ionsoft he
wor kersandt heirtalentscanbeconv enientlyusedt oexecut e
tasksf orthecompany .Team bondi ngcanal sobeachiev ed
quicklyandi ndividualswi t
hacommonment alit
ycanbeputata
positiont obemor eeffectivel
yaccompl ishingt asks.Thiswi l
lalso
helpt ov eri
fythatwor kersar enotsell
inginf ormationtoot her
organi zati
onsbecausewor kersarebeingt rackedandconst antly
gather ingthedata.
Empl oyeeexper ience:Anempl oyeepr ef
erencesanddi sl
ikescan
ber eadil
yrecogni zedandi ti
sal sobenefici
altoincenti
v i
zeand
makeanempl oyeeanor ganizati
on'sadvantageandgat her
feedbackont hesame.Notonl ythroughfeedback,butalso
throughani nt
er pretati
onofemot ionsandasuper visedstudyof
theact i
onsofi ndividualworkersinsideandout si
det hecompany.
CONCLUSI
ON
Itwoul
dbev eryfr
uitf
ultoimplementasocialcredi
tratingprogram at
HR.Thiswouldaddt othecompanyamor eentrepreneuri
alatti
tude
andpassi
onf orgreat
erresult
sbutalsoopenness.Toget her,ar
tif
ici
al
l
earni
nganddat aanalyti
cscanmaximi zet
hev alueofbot han
i
ndivi
dualandancompanyi nthel
ongerterm.