emerging trends and issues in HRM

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: AT PRESENT
• The communication • No more facilitating
link between the employee appraisals & drawing up
and management. increment sheets.
• Planning employees • Respected by the employees
career, putting business for driving culture, learning
continuity plan, building and development.
cultures, systems. • 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. The corporations of tomorrow
2. Information age
3. Diversity
4. 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. Acquisition of technology
2. Adaptation of technology
3. Utilization of technology
4. Improvement and development of
technology

EMERGING TRENDS IN HRM
BALANCE SCORE CARD
A virtual representation of an organization’s
strategy.
SIX SIGMA
A project driven management approach to
improve the organization’s product, services
& processes by continually reducing the
DEFECTS in the organization.
Emerging concept of 4 R’s 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. Open communication with employees
2. Internal assessment : To communicate problems
and issues with management team.
3. External assessment : Personal relationship with
other organizational members and employees.
4. Projections : Economic development, demographic
& tends of biological & physical resources are also
helpful to managers.
5. Improved training & development programs
6. 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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