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    Final

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    Sandeepya Annavarapu
    The real wealth of the nation lies in its people. In the world of human resource change is constant. All decisions that affect the workforce of the organization concern the HRM function. The practice of HRM needs to be integrated with the overall strategy. It ensures effective use of people and provides better returns to the organization.

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    Final

    Uploaded by

    Sandeepya Annavarapu
    71 views14 pages
    The real wealth of the nation lies in its people. In the world of human resource change is constant. All decisions that affect the workforce of the organization concern the HRM function. The practice of HRM needs to be integrated with the overall strategy. It ensures effective use of people and provides better returns to the organization.

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    The real wealth of the nation lies in its people. In the world of human resource change is constant. All decisions that affect the workforce of the organization concern the HRM function. The practice of HRM needs to be integrated with the overall strategy. It ensures effective use of people and provides better returns to the organization.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    71 views14 pages

    Final

    Uploaded by

    Sandeepya Annavarapu
    The real wealth of the nation lies in its people. In the world of human resource change is constant. All decisions that affect the workforce of the organization concern the HRM function. The practice of HRM needs to be integrated with the overall strategy. It ensures effective use of people and provides better returns to the organization.

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    You are on page 1of 14

    EMERGING TRENDS AND ISSUES IN HRM

    by
    V.KAUMUDI (118W1E0020) A.SANDEEPYA (118W1E0045) V R SIDDHARTHA ENGINEERING COLLEGE, VIJAYAWADA

    INTRODUCTION
    The real wealth of the nation lies in its people. In the world of human resource CHANGE is constant. The HR management can negotiate the competencies as per the emerging trends. All decisions that affect the workforce of the organization concern the HRM function. The activities involved in HRM function are pervasive throughout the organization.

    IMPORTANCE

    HRM policy enmeshes itself fully with those of organizational goals. The practice of HRM needs to be integrated with the overall strategy. It ensures effective use of people and provides better returns to the organization.

    CHANGING SCENARIO
    HR DEPARTMENT
    YESTER YEARS: The communication link between the employee and management. Planning employees career, putting business continuity plan, building cultures, systems.

    AT PRESENT No more facilitating appraisals & drawing up increment sheets. Respected by the employees for driving culture, learning and development. By management to reach their objective through committed employees.

    FUTURE SCENARIO

    HRM outsourcing: A pressure for the standardization of the HRM practices. The talents are the best and the only competitive advantage in the area of Human Capital and the processes & procedures are done by the organization. As Globalization advances the organizations need to adapt changes in Technology & changing issues in the management of people.
    CONTINUED.

    CURRENT ISSUES EFFECTING ORGANIZATIONAL HR IN FUTURE:

    1. 2. 3. 4.

    The corporations of tomorrow Information age Diversity Social Responsibility

    CONTINUED.

    CORPORATIONS OF TOMORROW:
    Future is a two fold effect: Generation of employment Industrial restructuring
    A majority

    of people will be connected to the IT infrastructure.

    A learning culture will be festered by the technologies that serve, entertain and help people to do the work.

    INFORMATION AGE:

    Information has heralded a new way of doing business. IT has the power to change the well-trenched business paradigms. to link and connect people and enable the exchange of products, services and capital.

    SOCIAL RESPONSIBILITY
    1.

    2.
    3. 4.

    Acquisition of technology Adaptation of technology Utilization of technology Improvement and development of technology

    EMERGING TRENDS IN HRM


    BALANCE SCORE CARD A virtual representation of an organizations strategy. SIX SIGMA A project driven management approach to improve the organizations product, services & processes by continually reducing the DEFECTS in the organization.
    Emerging concept of 4 Rs among HR managers: Recruiting, Retaining, Retraining & Restructuring

    IMPACT ON ORGANIZATIONS AND HRM:


    Political: Increasing dispersal of national power & narrowing of gaps between developed & developing nations.

    Economic: Increasing gap between poor and rich individuals & increase in state capitalism Social: Population growth, urbanization & increasing power of women. Technological: Digitization of work life and lifestyles

    EMERGING ISSUES IN HRM


    1. 2.

    3.

    4.

    5. 6.

    Open communication with employees Internal assessment : To communicate problems and issues with management team. External assessment : Personal relationship with other organizational members and employees. Projections : Economic development, demographic & tends of biological & physical resources are also helpful to managers. Improved training & development programs Motivating through compensation & benefit practices.

    CONCLUSION
    New trends in the world of HR are emerging every now and then and it is extremely important for anybody remotely associated with the world of business to know about such contemporary emerging issues.

    THANK YOU ALL! HAVE A GREAT DAY!!

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