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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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emerging trends and issues in HRM

  • 1. EMERGING TRENDS AND ISSUES IN HRM by V.KAUMUDI (118W1E0020) A.SANDEEPYA (118W1E0045) V R SIDDHARTHA ENGINEERING COLLEGE, VIJAYAWADA
  • 2. 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.
  • 3. 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.
  • 4. 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.
  • 5. 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……….
  • 6. CURRENT ISSUES EFFECTING ORGANIZATIONAL HR IN FUTURE: 1. The corporations of tomorrow 2. Information age 3. Diversity 4. Social Responsibility CONTINUED…………….
  • 7. 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.
  • 8. 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.
  • 9. SOCIAL RESPONSIBILITY 1. Acquisition of technology 2. Adaptation of technology 3. Utilization of technology 4. Improvement and development of technology
  • 10. 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
  • 11. 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
  • 12. 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.
  • 13. 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.
  • 14. THANK YOU ALL! HAVE A GREAT DAY!!