role of HRM IN FUTURE INDIA

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THE ROLE OF HRM IN FUTURE INDIA

Transcript of role of HRM IN FUTURE INDIA

THE ROLE OF HRM IN FUTURE INDIA

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

CHALLENGES IN HRM FOR FUTURE INDIA

1. Management of workplace diversity2. Globalization3. Changes in political, legal and economic environment4. Future aspect of technology in HRM5. Information technology revolution

MANAGEMENT OF WORK FORCE DIVERSITY

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 diversitySkill building: aims to develop the skills that employees and managers need to deal effectively with one another and with customers in a diverse environment

CONTD……….

• Retain talented employeesSupport 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

GLOBALIZATIONHuman 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

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.

Changes in political, legal and economic environment

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.

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).

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

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.