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Requirement
Write a report on Trends in Human Resource Management.
Solution
Introduction
In this present paper, we will discuss the trends in human resource management which are the benefits of employees and new challenges developed for the employer and employee. The recent trends have been discussed, and personal reaction to the changes in trends is explained. The changes are occurring in the world of working which impacts on the human resource management. The companies need to be prepared to overcome the rapid changes in the world of work.
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Trends in HRM
The human resource needs to understand the changes in the external environment which impact on the internal environment. Following are the trends in human resource management:
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1. Globalization and its impact
The rise in the multinational corporations has changed the requirements on the managers of human resource. The human resource of the company requires assuring that the knowledge, skills, and ability of employee must be able to handle the global assignments (Parry et al., 2013). The training and development program must be given to the employees in order to meet the organizational challenges. -
2. Work force diversity
In the early age, the human resource management of the company is homogeneous but with the change in trends the human resource comprises of different ideologies, beliefs, marital status, languages, culture, gender, nationality, and others. The diversity is situated with the strategic direction which impacts on the decision making of the company. The more flexible and innovate human resource is required to compete for the organizational challenges which are a challenge for the company to recruit rich human resource capital for its survival (Horwitz et al., 2015). -
3. Changes in skill requirements
The competitive environment of the company requires more skilled Labour because poorly skilled labor leads to a significant loss for the company. High requirement and skills are required to meet the organizational changes. It is also a challenge for the present employee to compete for the new challenges for increasing the productivity and management of diverse workforce in an efficient and effective manner. -
4. Corporate downsizing
The human resource has the major role in downsizing the organization for increasing the efficiency. It is the challenge for the human resource to reduce the negative effects of rumors and ensuring of accuracy in data with each and every employee. -
5. Reengineering works process for improvement in productivity
It is the most challenge work for the company in which the organization is reengineered by alteration and adoption of the new process which impacts on the workforce. It became a challenge for both the employer and employee. The human resource needs to manage the employee by directing them into the right direction which may permeate the company. The reengineering creates training and development for the workforce which helps to meet the organizational goals and objectives. -
6. Employee involvement
The succession of the organization is improved with the increase in the participation of employees in today world. It includes delegation of work, work teams, fixing of goals, training of employees and employee empowerment. The human resource management plays an important role in the involvement of employees. The new ideas are given by the employee who helps in improving the quality of products and services. -
7. Continues improvement program
The change in trends leads to focus on continued improvement programs for the employees which help to meet the organizational goals. In the competitive world, it is necessary to improve the quality of work which requires continued improvement program for its survival. The human resource management plays a critical role in the implementation of continues improvement program. The human resource management must prepare an individual employee for the change which helps to compete for the organizational goals and objectives (Wilkinson et al., 2014).
Personal Reaction
My personal opinion is that the changes in trends of human resource are good far the organization as well as for individual because it helps to develop the organization by competing for the new challenging and it is also helpful for individual growth.
Conclusion
The human resource management plays an important role in the succession of the organization. The trends of human resource management are impacted by the changes in external environment. The trends of human resource management include globalization and its impacts in which the emergence of multinational companies increases the challenges for the company which requires the high skill labor for handling the global assignment. The other trends include a change in skills requirement, corporate downsizing, reengineering work process for the productivity improvement, and employee involvement.
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Parry, E., Stavrou, E., & Lazarova, M. (2013). Global trends in human resource management. Springer.
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Horwitz, F., Budhwar, P., & Morley, M. J. (2015). 21. Future trends in human resource management in emerging markets. Handbook of Human Resource Management in Emerging Markets, 470.
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Wilkinson, A., & Wood, G. (2014). Special Issue of International Journal of Human Resource Management—Global trends and crises, comparative capitalism and HRM. The International Journal of Human Resource Management, 25(19), 2748-2750.
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