Professional Documents
Culture Documents
MARCH 2012
INDEX
1. INTRODUCTION 2. OBJECTIVES OF HRM 3. HRM OF OLD AGE 4. HUMAN RESOURCE MANAGEMENT: SCOPE 5. HUMAN RESOURCE MANAGERS DUTIES 6. ROLES OF HR PROFESSIONAL 7. COMPARISON OF PREVIOUS & CURRENT SCENARIO OF HR AGENDA 8. TRANSFORMATION OF HR ROLES 9. TRADITIONAL & CURRENT HR ROLES 10.RECENT TRENDS IN HR - CHANGING THE FACE OF BUSINESS 11.FUTURE ROLE OF HRM 12. CONCLUSION
1.INTRODUCTION
Today the business world is changing at bullet-train speed technology, the global economy, the looming talent crisis, the recognition that causes mental illness is dramatically affecting the workplace. All of these are having a huge impact on the HR profession. HUMAN RESOURCES is the function in an organization that acquires, trains, pays, maintains, and eliminates the people who work under the organization's direction.
The coming of the 21 century poses distinctive HRM challenges to business especially those operating across national boundaries as multinational or global enterprise. Competing in global markets entail many factors and centralization of its human resource practices is certainly vital to improve global competitiveness and empower employees for global assignments. To achieve success in global marketplace, the challenge of all businesses regardless of their size is to understand global corporate cultural differences and invest in human resources.
2. OBJECTIVES OF HRM
To help the organization reach its goals. To ensure effective utilization and maximum development of human resources. To ensure respect for human beings.
To ensure reconciliation of individual goals with those of the organization. To achieve and maintain high morale among employees. To provide the organization with well-trained and well-motivated employees.
To develop and maintain a quality of work life. To be ethically and socially responsive to the needs of society. To develop overall personality of each employee in its multidimensional aspect. To enhance employee's capabilities to perform the present job. To equip the employees with precision and clarity in transaction of business. To inculcate the sense of team spirit, team work and inter-team collaboration.
HRM has seen a lot of nick naming in its age. Since it was recognized as a separate and important function, it has been called "personnel relations" then it evolved to "industrial relations", then "employee relations" and then, finally, to "human resources".
Line manager: Empowered to direct the work of the people assigned to them Staff Advisor: play important role in advising and assisting the line managers.
6. ROLES OF HR PROFESSIONAL
The role of HR manager is shifting from one of a protector & screener to that of a strategic partner, an administrative expert, an employee champion & a change agent.
8. TRANSFORMATION OF HR ROLES
BUSINESS
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GLOBALIZATION TRENDS
As we enter a new millennium, the effects of internationalization now known as globalization are everywhere apparent.
Globalization symbolizes the structural making of the world characterized by the free flow of technology and human resources across national boundaries presenting an ever-changing and competitive business environment. More globalization means more competition, and more competition means more pressure to be world class
Diversity is a business strategy. The reality is that todays workforce and the workforce of the future will be made up of diverse, complex collection of employees, all with different needs and experiences. HR will need to provide cross-cultural support training for virtual global teams.
TALENT MANAGEMENT
The challenge for HR professionals is to figure out how to look deep into the organization to find talented, visionary people with a passion for the future. They need to anticipate the skills they will need in the future.
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11. CONCLUSION
Traditionally human resource management (HRM) has had a people-oriented
approach. However today, when the competitive demands of the marketplace require a reorientation of strategic human resource philosophies and practices, an emphasis are being given to a knowledge-based administration using technology as a tool.
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continuous learners. Be at the forefront of the latest trends and requirements and react to them quickly. What are the metrics that you can develop that prove to the business the impact
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