8. Challenges for HRM
• SOCIAL RESPONSIBILITY & ACCOUNTABILITY :
• INTERESTS OF WEAKER SECTION OF SOCIETY :
• FOCUS ON PRODUCTIVITY THROUGH TEAM-
BUILDING
• ORGANIC /FLATTER/ MATRIX ORGANISATION :
• PEOPLE SENSITIVE MANAGEMENT STYLES &
PRACTICES
• EMPLOYEE TURNOVER
9. Challenges… (GLOBALISATION
IMPACT)
• NEED TO COPE WITH UNFAMILIAR LAWS
• IMPACT OF DIVERSITY
• DIFFERENT LANGUAGES,
• DIFFERENT WORK PRACTICES,
• DIFFERENT MANAGEMENT STYLES, ETC.
SO, HR FUNCTIONS LIKE, PLANNING, STAFFING,
REMUNERATION, MULTIPLE- SALARY CURRENCY
ETC., WILL BE AFFECTED BY GLOBALISATION.
10. IMPACT OF CHANGED DEMOGRAPHICS
OF WORKFORCE
• DECREASING AVERAGE AGE
• INCREASING RATIO OF FEMALE EMPLOYEES
• MORE EDUCATED WORKFORCE
etc.,…
HAVE THEIR IMPLICATIONS FOR HR FUNCTIONS.
12. PEST & HR
• Political,
• Economic,
• Social &
• Technological factors of environment,
having impact on HR
13. The Environments of Human Resource Management
AN ORGANIZATION’S INTERNAL ENVIRONMENT
The Organization
Staffing
ch ce
Marketing Production
ar ur
se so
Re Re
an
Tr elop
De
Structure
ain m
m
v
Hu
ing ent
Human
&
Resource Mission
Em o r R
La
Management
b
plo ela
Policies
ye tio
e a ns
n
nd
o
ati
Other
tiv
Finance Functional
Mo Area
Maintenance
13
14. The Environments of Human Resource Management
AN ORGANIZATION’S EXTERNAL ENVIRONMENT
Economic Sociocultural
and
Demographic
Market Labor
(customers) Market
THE
ORGANIZATION
Other
Stakeholders Competition
Legal and
Technology Political
14