Challenges in Human Resource Management

 

“HRM is management function concerned with hiring, motivating and maintaining people in an organization. It focuses on people in Organization” (Aswathappa, 2008). Over the years changes in the business world shape up the path of the human resource management. Initially industrial revolution make way to understand the importance of the human factor in the organization. Globalization and rapid development in IT sector father strengthen the importance of the HRM function. Earlier human factor consider to be cost to an organization today it is consider to be human capital or the most valuable asset to the organization. Today greatest challenge for HR professionals is to attract, retain and nature the talented employees.

 Modern day challenges in Human Resources Management

Following factors can identified as challenge for HRM.

·         Globalization

Globalization is the process of integrating countries, regions, organizations, business and people worldwide. Development of transportation industry and information, communication industries resulting the globalization. Globalization integrated the economies. Cross border transactions and international businesses impact the human resource management. HR professionals have to cope with different languages. Cultures, legal systems, practices and management styles.

·         Work force diversity

Due to the expansion of businesses beyond the boarders’ different kind of employees with different ages, different cultures, different genders, different education back grounds and talents engaged in the organization. It is a quite a challenge for HR professionals to create a diversified and healthy environment with in the organization to retain the top quality talent in the organization.

·         Development of Information technology

In resent past Human resource management mostly influence by the changes in the informational technological industry. The implementation of the internet-based HRM with the IT advancements, commonly referred to as “e-HRM”, (Bondarouk and Ruel, 2009) e HRM will change the organizational structures and will transform the HRM activates with information technology to significant economic efficiency. HR peoples should acquire the necessary IT skills to meet up with this challenge.

·         Technological development

Advancement in technological sector add more technology in to the industries. It creates the environment that replacing the physical labor with knowledge works. It recessed the job opportunities of the physical labors and with the advance technology more skilled employees requite to work with new technology. HR people should adjust their work force to cope this.

·         Changes in economic, political and legal environment

With the changes in political regimes and legal frame work new regulations and lows are came in to the light. New labor lows and regulation implemented to safe guard the employees.  HR peoples should have to change their strategies and practices to adjust to the environment.

Inflation and cost of living impact on the employee’s life style and their living conditions. Therefor HR people should aware on this and have to make adjustment to the employee’s salary and remuneration benefits.

 

How to cope with challenge

To cope with above challenges we have to,

·         Train HR  people with cross culture training

·         Motivate people with financial and non-financial benefits

·         HR policies should change rapidly

·         Training HR people with the e_ HRM technology.

·         Shift the HR strategies to meet up with the political and economic environment.

Conclusions

Scope of the HRM changes with the time. Globalization and revolution in IT bring more challenges to the HRM industry. It is the responsibility of the HR professional to adjust their strategies to cope with the challenges and to make sure the availability of talent peoples in the organization.

References

 1.(Srivastava and Agarwal, 2012) The Emerging Challenges in HRM

INTERNATIONAL JOURNAL OF SCIENTIFIC & TECHNOLOGY RESEARCH VOLUME 1, ISSUE 6, JULY 2012