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Human Capital Management – SAP – HCM

SAP is a software used for the holistic use of the enterprise. An enterprise's arbitrary definition is a group of people that combine their efforts to accomplish collective organizational goals. Human Resource (HR) is now identified as a form of capital. Hence, the transformation from HR Management to Human Capital Management creates the requirement of integrated software that can help manage Human Capital in a way that it proves to be more profitable for the organization. The SAP provides a solution for it and has developed Human Capital Management (SAP HCM) . SAP HCM is among the main modules in SAP that plays a vital role in developing and managing proper management of the organization. HCM is one of the most critical processes in enterprises across all industries. HR is generally viewed as the process of recruitment, training & development, etc. even though HR has a broader scope beyond this general conception. HR is now directly proportional to the profi...

SAP – ERP

SAP stands for Systems,  Applications, and Products in Data Processing and ERP stands for Enterprise Resource Planning, hence combining both abbreviations can be understood as software that is meant for the use of the enterprise holistic use. SAP holds its initiation in the year 1972. It was formed by 5 former IBM employees from Germany who thought of such a revolutionary idea to develop software that can satisfy the needs of an organization. The company offers solutions based on cloud, premises and hybrid deployment models that enable its customers who are normally small and medium-sized enterprises to integrate various functions of management processes like production, finance, human resource, sales, IT, accounting, etc.  This facilitates the effective use of resources, including manpower, machines and production capacities. The various solutions offered by SAP for various management functions are as follows:- Human Capital Management (SAP HCM) Product...

Adaptive Learning – Future of e-learning industry

Adaptive learning is a revolution in the field of education. This system uses computer algorithms to customize learning resources as per requirement of the learner. This system of e-learning is very useful not only for students but also for professionals. The genesis of this system is based on the fact that customized learning was not possible on a large-scale basis. Well adaptive learning breaks all the traditional dilemmas and provides a solution which is quite scalable.    This technology of learning has its origin since the AI movement but gained momentum in mid 1970’s. The system hence delivers custom learning capabilities that address the distinctive needs of an individual through just-in-time feedback, pathways, and resources in place of generalized experiences.   Imagine a tutor, like one in this picture helping the student understand a concept. Here, the tutor adapts according to the understanding level of the students and modifies the approach...

E-learning – The Future of Quality Education

                                         With the advent in the field of technology, education is now no longer confined within four walls but has now become boundaryless. The Internet has long ago made it possible to gather knowledge from any corner of the world. Today it is possible to pursue education online. Anyone anywhere can pursue any degree or certificate course online. Education has now become virtual. There are numerous such sources available online that can help us increase our knowledge and skills. What is E-learning? E-learning or ‘Electronic Learning’ is any form of learning through an electronic medium. It includes videoconferencing, online courses, one to one customized learning programs and courses, etc., which is totally online. E-Learning includes any form of learning through the Internet like distance education, online learning, mobile lea...

Indian Education System: Into the Future

“Change does not necessarily assure progress, but progress implacably requires change. Education is essential to change, for education, creates both new wants and the ability to satisfy them.” Henry S. Commager 'Gurukul' System of Education: It was the first and the foremost way of teaching system in India followed all over the country. The teachers were known as the ‘Gurus’ and students were called ‘Vidyarthi’ . It was basically a form of teaching which was mentored, scheduled and examination focused to excel to higher levels. The methodology of proctored classes is deeply instilled in the Indian Education system and has become an integral part of it. Over a period of time, the population has increased, the number of students has grown up, new forms of learning and teaching has evolved, the cost of having a good education has increased, and time management has become a necessity. In today’s era, traditional teaching methodology is being replaced ...