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Changes in HRM in the 21st Century
Author Name : Prof. Dr. Ms. Vandana K. Purohit
ABSTRACT Companies that desire to maintain a competitive edge, both now and in the future require human force well equipped to face the ever increasing pace of technological changes and techniques. Hence every organization’s desire is to have skilled and competent people to make their organization more effective than their competitors. The traditional functions of HRM now need to be strategically directed towards developing and sustaining organizational capabilities to face the emerging challenges of environment. An attempt has been made in this paper to study the changing trends in Human Resource Management and also to highlight the various challenges emerging in the field of HRM. Further an endeavor has been made to cite some techniques to overcome the challenges faced before HRM by having cross cultural training, technological and informational training of HR people and motivation of employees through various techniques.