A detailed study on the modern and future challenges of HRM. 20-02-2k17

1. Challenges of HRM With Modern & Future References.
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A presentation on
By,
Vindya Theneri

2. Current challenges
 The increase of independent worker and self employment
 Balancing Work-life
 Motivational Approaches
 Changes in the external regulation of employment
 Changed Employee Expectations
 Outsourcing HR Activities
 Employability and Continuing Education
 Recruitment and Retention
 Challenges of new technology
 Challenges of globalization
 Managing Diversity22-02-2017 2

3. 1. The increase of independent worker and self employment
 People tend to have more
freedom in terms of whether to
work or not
 More people are choosing to
work on a freelance, contract
basic or to work part-time
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4. 2. Balancing Work-life
 There is a need of a programme which is
capable of balancing work-life and is
supposed to include a childcare at or near
the workplace, job sharing, on-site summer
camp, training supervisors to respond to
work and family needs of employees,
flexible work scheduling, sick leave policies
etc.
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5. 3. Motivational Approaches
 job characteristics, working environment
and appropriate organizational reward
system are the factor of motivation.
 Workplace motivation is an important
aspect as it influences people to do
things which help to achieve
organizational goals.
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6. 4. Changes in the external regulation of employment
• Examples of this trend are to be
found in the areas of race,
gender and age discrimination,
employment protection, the
treatment of pregnant women
and trade union membership.
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7. 5. Changed Employee Expectations
The business will :
• Adhere to the job description
• Train and development
• Provide effective supervision
• Have fair policies
• Treat them respectfully
• Care about them
• Provide opportunities
• Do what it says
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8. 6. Outsourcing HR Activities
• It is a big challenge before the
HR manager to prove that
his/her department is as
important as any other functions
in the organization. The
relevance of HR is at stack.
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9. 7. Employability and Continuing Education
• This is a major area of challenge
to most employers, especially
those who employ large number
of staff. Staffs have to take
retraining in order to adapt a
constantly changing external
environment.
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10. 8. Recruitment and Retention
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11. 9.Challenges of globalization
• Globalization influences the
number and kinds of jobs that
are available and requires an
organization to balance a
complicated set of issues related
to managing people with
different cultures, geographies
and legal environment.
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12. 10. Managing Diversity
• Dealing with people from
differentage,gender,race,educational
background,location,incomereligious
belief, work experience can be a
challenging task for hr managers.
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13. Future Challenges
Workplace flexibility
Technological Developments
Changes in the Socio-Cultural expectations of the work force
Challenge in Human Capital
Increasing Shortage of Labour
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14. 1. Workplace flexibility
• It is expected to be on the rise as the future
workplace also known as the virtual office is
characterized by creative and flexible work
arrangements.
E.g.: Virtual Talent Management.
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15. 2. Technological Developments
• Technological development affects the specification of jobs in terms
of different requirements of education skill required and
organizational structure performance control
• The strategies in ensuring employee acceptance of the programme
are vital through the introduction and management of technological
changes.
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16. 3. Changes in the Socio-Cultural expectations of the
work force
• These include changes in the
compositions of work force in
terms of their education, social
background, and roots in urban
setting and exposure to larger
democratic culture of our
country.
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17. 4. Challenge in Human Capital
• Human capital is intangible and cannot be managed the way
organization manage jobs, technologies and etc.
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18. 5. Increasing Shortage of Labour
• After the year 2010, the growth rate of workforce is projected to be
declining even further.
• The annual growth rate is projected to be only 0.4 percent which is
the lowest in more than a century.
• HR professionals work within their own organizations, they must also
cope with good and bad economies, new technology, and the social
issues global, regional and national which affect their organizations.
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