Recruitment Through AI in Selected Indian Companies

Artificial intelligence (AI) is being used very pervasively with the ever-evolving and competitive business world and has become the 21st-century buzzword. Countless innovations in technology have pushed businesses to make their value creation processes more effective and customer friendly. Digitization has played a significant role in reshaping the different human resource functions and processes. This study aims to elucidate the acceptance of automation in human resource management by employers and the degree to which recruiters can use AI to hire people. The study incorporates a thematic analysis approach, and the data is collected from primary sources by conducting semi-structured interviews with four experts working in IT organizations. This research would be useful for recruiters and HR managers to consider the fields of AI implementation and management to take advantage of cost-cutting technical developments.

Alternative Use of Achi, UKPO, and OFOR as Substitute to Standard Viscosifier

In Nigeria, drilling companies import a bulk of drilling fluid materials that they use to carry out their respective operations. This has been a major concern to oil and gas industries since these drilling fluid materials cannot be recycled, are highly expensive in terms of foreign exchange, are not environmentally friendly, not very effective, and non-biodegradable. This work presents an experimental investigation into the reliability of the use of local materials as a substitute to conventional viscosifiers. Local materials used in the analysis are Mucuna solannie (Ukpo), Brachystegia eurycoma (Achi), and Detarium microcarpium (Ofo). The results obtained from the experimental analysis show that they compared closely to the standard viscosifer formulated with Pac-R. The results showed that the density, specific gravity, pH, yield stress, Gel strength, Plastic Viscosity, and yield point of mud formulated from local materials compared favorably with that of the imported viscosifer. It was observed that an increase in concentration produced a better result. Hence, they could replace the Pac-R considering cost, cutting carrying ability, etc.

A systematic review and meta-analysis of the catastrophic costs incurred by tuberculosis patients

One of the strategies of the World Health Organization End Tuberculosis (TB) was to reduce the catastrophic costs incurred by TB-affected families to 0% by 2020.Catastrophic cost is defined by the total cost related to TB management exceeding 20% of the annual pre-TB household income. This study aimed to estimate the pooled proportion of TB affected households who incurred catastrophic costs. We searched PubMed, SciELO, Scopus, Embase, Google Scholar, ProQuest, SAGE, and Web of Science databases according to Preferred Reporting Items of the Systematic Reviews and Meta-Analysis (PRISMA) guidelines till November 20, 2020. Eligible studies were identified and data on catastrophic costs due to TB were extracted. We performed a meta-analysis to generate the pooled proportion of patients with TB facing catastrophic costs. From 5114 studies identified, 29 articles were included in the final analysis. The pooled proportion of patients faced catastrophic costs was (43%, 95% CI [34–51]). Meta-regression revealed that country, drug sensitivity, and Human immune-deficiency Virus (HIV) co-infection were the main predictors of such costs. Catastrophic costs incurred by drug sensitive, drug resistant, and HIV co-infection were 32%, 81%, and 81%, respectively. The catastrophic costs incurred were lower among active than passive case findings (12% vs. 30%). Half (50%) of TB-affected households faced catastrophic health expenditure at 10% cut-off point. The financial burden of patients seeking TB diagnosis and treatment continues to be a worldwide impediment. Therefore, the End TB approach should rely on socioeconomic support and cost-cutting initiatives.PROSPERO registration: CRD42020221283.

Maximizing Stimulation Efficiencies in Offshore Multistage Completions, Black Sea, Romania

This paper presents an analysis of the stimulation treatment design and operational efficiencies in the Black Sea. In greater detail, the paper focuses on how the stimulation design and each operational step has been optimized to save time, money and ensure an HSE driven completion methodology. An analysis was performed on the stimulation design and implementation approach looking at its evolution through a knowledge building and lesson learning process. The principal goal was to determine the most economical way to stimulate an offshore well without making any concessions to the reservoirs’ production or ultimate recovery. From the basics of well and frac design to completion optimization, effort was applied in analyzing ball launching procedures, frac spacing, logistical arrangements on the stimulation vessel and all other areas where there was potential to make improvements. Ultimately, an analysis of fluid displacements during flush was performed and deductions inferred. Past stimulation treatments were analyzed in an effort of better understanding the advantages and disadvantages in terms of production output of the wells. Similarly, an analysis of the completion approach and operational efficiencies showed the ability of pumping three stimulation stages a day. Considering that horizontal wells in the area are usually completed in six stages, a stimulation campaign would effectively be completed in 2 pumping days, 4 days total if no weather or operational delays are faced. Further improvements of this approach have been implemented in 2021 when six stimulation stages have been pumped in a single vessel ride. Applying the ball drop procedure offshore showed optimal results, as it is efficient in reducing downtime in between fracturing stages and in achieving proper isolation between stimulation zones. Likewise, with over flush being a concern throughout most of the stimulation population, certain cases in the Black Sea showed that over flushing did not adversely affect production of the wells with the production exhibiting ~15% above expected production rates post stimulation. In conclusion, the authors believe that the operational efficiencies achieved in the Black Sea are transposable in other offshore environments and successful cost cutting can be achieved by sound engineering and logistical decisions. The approach and results are beneficial in understanding where the economics are positively impacted in multistage stimulation treatments in the offshore environments, hence ultimately improving the rate of return.

A STUDY ON DOMESTIC INSTITUTIONAL INVESTMENTS AND ITS IMPACT ON MEJOR SECTORS OF ECONOMY

India is a developing economy, which has undergone a series of developmental events in last two years. Covid -19 Pandemic has created a lot of challenges across various sectors of the economy. Major sectors of the economy has underwent a series of changes during this phase. IT industries adopted work from home as a long-term cost cutting strategy bringing in necessary changes in work culture. The government has also made all the possible efforts to keep up the phase of development in spite of the challenges posed by the pandemic. Pandemic gave a new dimension to the Indian stock market as many DII & FII became active leading to the further growth of the market in spite of the pandemic.The paper attempts to identify Impact of DIII in the Indian Stock Market. An attempt is made to study the relationship between Selected Nifty Indices movements, DII Inflow/Outflow, by evaluating their investments in equity, Debt and Future& Options segments by applying Statistical Tools. Thus,overall impact of these Players on the Stock Market & Economy is studied. Paper concludes suggesting the measures to identify the major players and empower them as it is necessary tobuild future developing India.

Independent assessment of the work quality of social organizations: evolution of the legislative and methodological frameworks

The article is focused on one of the public participation technologies within the scope of the state processes management an independent assessment of the work quality regarding institutions providing services in the social sphere. The author examines the process of changing the legislative norms governing the process of conducting an independent assessment. The main purpose of the analysis is to demonstrate how the understanding of the object, subject, methodology and methods are changing. The informational background for writing the article is domestic researchers data, as well as the authors own experience as the chairman of the public council for carrying out the independent assessment concerning the terms of service quality of the organizations referring to the social service (Ministry of Socio-Demographic and Social Policy of Samara Region), as well as the status of a representative of the organization-operator. Analyzing the key components of an independent assessment, the author describes the risks of reducing the data quality, expanding the practices of conducting work in a cost-cutting format by operating organizations, emasculating the contents from an independent assessment, and, as a result, the loss of significance related to public control technology.

Deinstitutionalization in Macro Practice

The deinstitutionalization policy sought to replace institutional care for populations in need of care and control with prosocial community-based alternatives. U.S. institutional populations, however, have increased since the policy’s inception by 205%. As implemented, with the assistance of advocacy and cost-cutting factions, it has succeeded only in enabling the divestiture of state responsibility for target groups. It sought to prevent unnecessary admission and retention in institutions. As implemented, deinstitutionalization initiated a process that involved a societal shift in the type of institutions and institutional alternatives used to house its target groups, often referred to as trans-institutionalization. For many in need of institutional placements, it has succeeded in preventing all admissions, expanding admissions for others. In seeking to develop community alternatives for housing, treating, and habilitating or rehabilitating its target groups, it has succeeded in establishing a variety of alternative living arrangements and showcase and model programs illustrating what can be done; yet, it has failed to deliver on investments in such programs to serve the majority of its target groups. It has resulted in the abandonment of substantial numbers to homelessness. It has been documented, from political, economic, legal, and social perspectives, how this policy has affected the care and control of populations such as older adults, children, people with mental illness or developmental disabilities, people under correctional-system supervision, and, more recently, individuals without a home. Suggestions for a truer implementation of deinstitutionalization’s initial aspirations are available.

Factors affecting hospital costs and revenue: integrating expert opinions and literature review

PurposeThere is not enough comprehensive evidence on factors affecting hospital costs and revenue (HCR). The main objective of the current study is to identify and classify factors affecting HCR integrating experts' opinions and literature review.Design/methodology/approachFirst, a restricted literature review is conducted to identify the factors affecting HCR. In the second step, the targeted semi-structured interviews are conducted with 15 experts to identify, validate and classify the latent factors.FindingsIn addition to the factors identified through the literature review, 22 new important factors were added by the experts as the determinants of HCR, which were not pointed out in previous studies. The final model presented for the factors affecting HCR contains seven main groups, 22 subgroups and 70 variables.Originality/valueFactors affecting HCR will provide valuable contributions for hospital budgeting, and financial and strategic planning, and they will offer an effective horizon for future research on cost-cutting strategies.

Checking the Stability Criteria of Multi-Storied Building by Varying Opening Area Percentages in Shear Wall Used in Periphery with Seismic Zone III

To decrease the overall cost of the project, it is highly recommended dropping the cost in different manners. To make economic structure, structure without losing the stiffness standards and the cost cutting should be done at every construction stages. The dual systems in building structure consist of structural walls and moment resisting frames. The walls are made up of RCC, which is expensive material. The purpose of current study is to discover the effect of reducing shear wall area in multistorey building to decrease cost. The buildings are provided with shear walls to improve the lateral load resistance. Post parametric analysis results shows that, the reduction in shear wall area should be modified to a certain limit up to 20 % for cost cutting. But in this study, the opening areas of shear wall are increased above 20% to 36.75% and verify the results of post analysis. In this study 8 cases are analysed with 0%, 11%, 14.20%, 20%, 33.20%, 29.05%, 35%, & 36.75% opening in shear wall and analysis is perform by Response Analysis Method of dynamic analysis using Staad.pro V8i software in Zone III of multistorey building (G+18). The effects of opening in the wall are studied by considering the moments, shear, and torsion, and axial forces in the beams and columns. It is observed that after a certain percentage of shear opening in walls the building fails in the drift at a certain height. To resolve this problem the flared area of height 0.5 m at the height of failure is provided to counteract the effect of drift. It was observed that by the introduction of shear belt the drift reduces which made the structure stable. Finally in this study, the opening of shear wall area is increased up to 35% and concrete area is reduced 1170.20 m2 , which is 534.2m2 more than the previous studies. Keywords: Shear Wall, Opening Area, Multi-storeyed Building, Seismic effects, Response Spectrum Method