HR professional are facing many challenges in present business scenario like Globalization workforce diversity, technological advances and changes in political and legal environment change in information technology. All these challenges increase the pressure on HR managers to attract, retain and nurture talented employee. HR professional can’t ignore these challenges rather they ought to be line to design and execute innovative mechanisms of developing skills and competencies of human resources to prepare them to accept the emerging challenges
2. HR professional are facing many challenges in present
business scenario like Globalization workforce diversity,
technological advances and changes in political and legal
environment change in information technology. All these
challenges increase the pressure on HR managers to attract,
retain and nurture talented employee. HR professional can’t
ignore these challenges rather they ought to be line to design
and execute innovative mechanisms of developing skills and
competencies of human resources to prepare them to accept
the emerging challenges
3. CHALLENGES IN HRM
FOR FUTURE INDIA
1. Management of workplace diversity
2. Globalization
3. Changes in political, legal and
economic environment
4. Future aspect of technology in HRM
5. Information technology revolution
5. Components of Cultivating a Diverse
Workforce
•Securing top management’s leadership and
commitment
• Assessing the organization’s progress toward goals
•Attracting employees
• Train employees to understand and work with
diversity
Awareness building: designed to increase recognition of
the meaning and importance of valuing diversity
Skill building: aims to develop the skills that
employees and managers need to deal effectively
with one another and with customers in a diverse
environment
6. CONTD……….
• Retain talented employees
Support groups – provide emotional and
career support for those excluded from the
majority’s informal groups
Mentoring – when higher-level employees
help ensure that high-potential people are
introduced to top management and socialized
into the norms and values of the organization.
Career development and promotions
7. GLOBALIZATION
Human Resources departments are
transforming as the modern business
faces numerous and complex
challenges,and exploit opportunities.
The transformation of human
resources today is a direct call of the
rapid changes within businesses due
to factors such as globalization
8. CONTD…
Human resources need to take advantage of
technology and data analytics to build a
global human resource information system
that collects and stores data from various
sources. The system will help to analyze the
data to provide business insights, predict
future needs and develop strategies to fill
those needs.
10. Future aspect of technology in HRM
The 21st century will bring even more
technology to human resources. Today's
HR department must reinvent itself on a
regular and ongoing basis. As the
enterprise becomes more global, new
systems and technology will lead to
greater collaboration, without regard to
political boundaries and language. HR is
likely to be at the center of this
revolution.
11. Revolution in information
technology
Information technology has influenced HRM
through human resources information systems
(HRIS).
Human Resource Information System (HRIS)
is the composite of databases, computer
applications, hardware and software that are
used to collect, record, store, manage, deliver,
present and manipulate data of human
resource. Broderick and Boudreau (1992).
12.
13. How can we overcome with these challenges
•Increase in education levels
•Technological developments
•Changing composition of work force
•Increasing government role
•Occupational health and safety
•Organizational development
•New work ethic
•Development planning
•Better appraisal and reward systems
•New personnel policies
14. To conclude that it can be said that HR practice is
becoming more and more challenging day by day,
they have to face lot of problems like retention,
attraction of employee, dealing with different cultural
people, managing work force diversity, technological
and informational changes to overcome with these
challenges training (Cross cultural training and
technological and informational training) is necessary
of HR people to overcome the future needs.