DARQ: Recruitments Promising Future at the Pinnacle of a Digital Era

DARQ-technology

In 2020, businesses with digitalized technology gain competitive differentiators. It is a given, a digitally advanced company has more efficiency than one that isn’t. Digital transformation gives companies exceptional capabilities but also sets enormous expectations. Though there are expectations, business leaders want to set themselves distinctive. It is a proven fact; companies with high-end advancements win the battle. It isn’t a drawback when companies are looking out to differentiate themselves and standalone in the industry. Today, digital technology is a strategic priority for every business.

Even out the Digital Playing Field

Given the current situation, every company will gradually but eventually converge into the competitive differentiator. In simpler terms, this will even out the playing ground for all the businesses. Sooner, digital technology adoption will not be a competitive differentiator.

The existing factor is, companies already face an enormous volume of expectations from consumers. When the digital field is even, companies are obligated to going the extra mile for competitive differentiation.

Technological advancements do not stop here. An outstanding example of this is DARQ from Accenture. With the old strategies dying, new ones are soon born.

What is DARQ?

New technologies play a catalyst for change. They can deliver businesses with new capabilities. DARQ is one such. DARQ stands for Distributes ledgers technology [DLT], Artificial Intelligence [AI], Reality [VR and AR], and Quantum Computing. Individually these technologies are already transforming the world of businesses. All the key transformation elements put together is how DARQ works.

DARQ is known to be a key that can open unimagined pathways in business. Let us take a real-life experience of how a single technological advancement can change every minute function. One of the outstanding examples to depict that is when CRM entered the business world. Business owners have always been eager to know what makes their customers happy. But the only way to find out back then was by speaking to them face-to-face. Although it was possible to form relationships with customers, it was more than a guessing game. It could not be possible without prior technology on deck.

The CRM technology emerged in the late 1980s and changed businesses to database marketing. This is only one of those transformations. There is a multitude of technological advancements out there that transformed businesses.

DARQ is a set of emerging, and highly disruptive, technologies that will be a driver of competitive advantage and a key differentiator in a world where digital is everywhere

Ari Bernstein

Let us see how DARQ can transform recruitment:

Every element of the DARQ will be an essential part of a business hiring strategy.

Distributed Ledger Technology:

DLT is the backbone of cryptocurrency and blockchain. It will soon be the one-stop-shop for businesses in recruitment. Through, DLT candidates can give employers their credentials, academic degrees, continued upskilling, all in a single source. This helps employers achieve their mission. Single-source access to all relevant skill data can streamline hiring and enhance its effectiveness. With DLT, information can be locked in an enormous chain of trust.

Skills are never stagnant, and lifelong learning has become the new norm. DLT is where all this information is locked and updated for faster action. With this advancement, businesses will have an accelerated and effective hiring cycle.

Invisible AI [Artificial Intelligence]

This does not mean literal invisible AI. AI has become so common that it is almost invisible. How is Artificial Intelligence going to be part of a recruiting process, right? AI can be part of automating key elements in hiring, which take up a lot of time and resources. AI can Automate interviews, schedule, send e-mails, prepare offers, and onboard candidates.

AI can handle data much more efficiently than traditional methods. Whether it is going through pools of applicants or assessing competency. AI can also test skills through pre-hire assessments and virtual job-specification simulations.

Virtual Reality can build a Working Environment:

Just imagine practicing to face a situation that is about to happen. So when the actual situation is dealt with, how is it going to be? It is going to be better than diving into something without knowing your next move. This is the same strategy that can be followed to hire, except the motive is different.

Many organizations have already started looking into Virtual Reality to provide candidates with a real-life experience of the position. VR is a great way to skill-test candidates with challenges that are more likely to take place in the business.

This test can give the employer a look into how the candidate responds to the challenge, and if they can break the shell. It is more like pre-living the vacant position for a moment.

Quantum Computing:

Quantum Computing is a mechanical phenomenon to manipulate information. In simpler words, it is developing a technology based on the principles of quantum theory. This technology, though, is at the most experimental stage; it is a holy grail with processing.

Quantum technology’s power will unfold when paired with one another, like the intersection of social, mobile, analytical, and cloud. Through these, businesses can gain reliable data drawn from pairing different technologies. There is still time for QC to turn to a perfectly functional technology. When it does, it can usher ways to solve the hardest computation problems, which can be a great blessing to the hiring process.

Conclusion:

Recruitment is just one of the many possible fields for DARQ. DARQ is shaping as one of the most recent trends of 2020. As mentioned earlier, new technologies are always a catalyst for change. DARQ is offering businesses new capabilities. The foundation is at DARQ is building a highly customized experience. DARQ plays a critical role in constructing the future.

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