1. Challenges In HRM
Going Global:
Business expands around the world
HR work would get more and more complicated
HR has balance the Culture, Employee Laws, Customs
and business practices
Finding best skill among different countries is a
challenge before HR
Relocate the employee on need based
Adjusting compensation plans for fair pay
Difficult is to Retain the Employee
2. Challenges In HRM
Embracing New Technology
Large Number of data can be stored
Small companies posing challenge
People work from home
Human Resources Information Systems(HRIS)
All company concentrate on HRIS
HRIS benefits in lowering cost
HRIS ensures speed
Online training is provided
Alligning people and CEO is a challenge
With HRIS, HR concertrate more on strategy
3. Challenges In HRM
Managing Change:
Famous Quote “No change No Chance”
Two things drives change” Technology and
Globalization”
Rosebath says” Develop a culture that just
keeps moving all the time”
Types of chagnes:
Reactive Changes
Proactive Changes
4. Challenges In HRM
Managing Human Capital:
Human capital means “Skills, Knowledge, talent
of an each indivudial employee”
If organization competes, it is thru people
Success of organization depends on managing
talent of “Human Capital”.
It denotes growth and success of an
organization
5. Challenges In HRM
Human Capital vs HRM
• Human capital is intangible and cannot be managed
like human jobs
• Human capital is owned by human and not by
organization
• If employee quits Human Capital is lost
• To build human capital knowldege should be
developed
• Staffing should be identified
• Managers should use existing talent
6. Challenges In HRM
Responding to Market
• Human capital is intangible and cannot be managed
like human jobs
• Human capital is owned by human and not by
organization
• If employee quits Human Capital is lost
• To build human capital knowledge should be
developed
• Staffing should be identified
• Managers should use existing talent
7. Challenges In HRM
Responding to Market
• Human capital is intangible and cannot be managed
like human jobs
• Human capital is owned by human and not by
organization
• If employee quits Human Capital is lost
• To build human capital knowledge should be
developed
• Staffing should be identified
• Managers should use existing talent