Thursday, January 4, 2018

Changing Trends in HRM Global Perspective

Photo Credit: Google 2017
Human Resource Management is changing at a phenomenal rate influenced by numerous challenges such as globalization, economic volatility, financial crisis and fierce competition in global markets. These changes are affecting HRM practices world over. Human Resource Managers must play a strategic role to achieve goals and objectives of the companies they work. 

Among the major influences are the changes automation. Automation is making traditional business more capital incentive mass customization is a popular game changer. Company’s today depend on industrial Robotics, Artificial Intelligence and Nano technology this the style and manner they work in has changed in the contemporary world and work place (Chui, et el.,2016).

Technological advancement has been a major game changer in the last two decades with the connected work Mobile Apps, Internet and Intranet are order of the day. Human Resources functions use these technologies including social media in recruitment and selection, use of tools such as LinkedIn and Facebook for recruitment are common practice today. Learning and development has been influencing through these advancements, use of online tools, mobile technology is common not only in learning but also in the sphere of development professional examination bodies such as CIPD and universities use more technology for examinations, to upload assignments even to have one to one tutor guidance for students.

Using internet connectivity has change the entire sphere of learning and development in the modern organization learning is not more convenience based flexible as they are also influenced by mobile technologies, intranet and internet. Bringing learning experiences to remote locations at lower cost (Kapp, 2016).

The fabric of the business world has changed in how you deal with customers for instance now there are virtual companies that don’t have brick and mortar offices, don’t carry inventory or handle supply chain management themselves reducing the involvement of human resources (Gunasekaran, and Ngai, 2004).  

CIPD in a report published in 2013 suggest that work, workplace and workforce has changed, it is popular now to work from home, have flexi hours. Example Western Union training managers now just travel to their agent office and conduct training while completing compliance reports sitting in a hotel room because their services are available globally, but they don’t have offices in all locations. 


Reference:

Chui, M., Manyika, J., and Miremadi. M., (2016) Where Machines can Replace Humans: - and where they cannot Yet. A McKinsey Quarterly Report, 2016.  

Gunasekaran, A., and Ngai,  E. W. T., (2004)  Virtual supply-chain management. Production Planning & Control, Vol. 15, No. 6, September 2004, 584–595

Kapp, K., (2016) Five Learning Tech Trends to watch in the next 5 years. Association for Talent Development.

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