SlideShare ist ein Scribd-Unternehmen logo
1 von 7
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
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
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
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
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
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
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

Weitere ähnliche Inhalte

Was ist angesagt?

HRM in changing Environment
HRM in changing EnvironmentHRM in changing Environment
HRM in changing EnvironmentJitender Yadav
 
CHANGING TRENDS, CHALLENGES & ISSUES IN HRM
CHANGING TRENDS, CHALLENGES & ISSUES IN HRMCHANGING TRENDS, CHALLENGES & ISSUES IN HRM
CHANGING TRENDS, CHALLENGES & ISSUES IN HRMramdasupendra
 
Strategic human resource management in a changing environment
Strategic human resource management in a changing environmentStrategic human resource management in a changing environment
Strategic human resource management in a changing environmentManoah Baal
 
Context of hrm and challenges
Context of hrm and challengesContext of hrm and challenges
Context of hrm and challengesPrakash Dhakal
 
Competitive challenges to hrm
Competitive challenges to hrmCompetitive challenges to hrm
Competitive challenges to hrmbhasinneha
 
Contemporary issues in hrm
Contemporary issues in hrmContemporary issues in hrm
Contemporary issues in hrmprakhar07
 
Contemporary issues in human resource management
Contemporary issues in human resource managementContemporary issues in human resource management
Contemporary issues in human resource managementNikki Waraich
 
Orientation: Human Resource Environment
Orientation:Human Resource EnvironmentOrientation:Human Resource Environment
Orientation: Human Resource EnvironmentShafiq Khan
 
Human resource management-chapter 1
Human resource management-chapter 1Human resource management-chapter 1
Human resource management-chapter 1yeminwang
 
Challenges of hrm with modern and future references
Challenges of hrm with modern and future referencesChallenges of hrm with modern and future references
Challenges of hrm with modern and future referencesVindhya Theneri
 
Hrm In South Africa
Hrm In South AfricaHrm In South Africa
Hrm In South Africaxonhelsing
 
Dynamic human resource environment factors
Dynamic human resource environment factorsDynamic human resource environment factors
Dynamic human resource environment factorsSandeep Gupta
 
Fundamental of Human Resources Management Training (Kanaidi, SE., M.Si)
Fundamental of Human Resources Management Training (Kanaidi, SE., M.Si)Fundamental of Human Resources Management Training (Kanaidi, SE., M.Si)
Fundamental of Human Resources Management Training (Kanaidi, SE., M.Si)Kanaidi ken
 
Chapter 1. Fundamental Human resource Management
Chapter 1. Fundamental Human resource Management Chapter 1. Fundamental Human resource Management
Chapter 1. Fundamental Human resource Management abuun1
 

Was ist angesagt? (18)

HRM in changing Environment
HRM in changing EnvironmentHRM in changing Environment
HRM in changing Environment
 
CHANGING TRENDS, CHALLENGES & ISSUES IN HRM
CHANGING TRENDS, CHALLENGES & ISSUES IN HRMCHANGING TRENDS, CHALLENGES & ISSUES IN HRM
CHANGING TRENDS, CHALLENGES & ISSUES IN HRM
 
Strategic human resource management in a changing environment
Strategic human resource management in a changing environmentStrategic human resource management in a changing environment
Strategic human resource management in a changing environment
 
Context of hrm and challenges
Context of hrm and challengesContext of hrm and challenges
Context of hrm and challenges
 
Competitive challenges to hrm
Competitive challenges to hrmCompetitive challenges to hrm
Competitive challenges to hrm
 
Contemporary issues in hrm
Contemporary issues in hrmContemporary issues in hrm
Contemporary issues in hrm
 
Issues of hrm
Issues of hrmIssues of hrm
Issues of hrm
 
Contemporary issues in human resource management
Contemporary issues in human resource managementContemporary issues in human resource management
Contemporary issues in human resource management
 
Recent Trends in HRM
Recent Trends in HRMRecent Trends in HRM
Recent Trends in HRM
 
Orientation: Human Resource Environment
Orientation:Human Resource EnvironmentOrientation:Human Resource Environment
Orientation: Human Resource Environment
 
Human resource management-chapter 1
Human resource management-chapter 1Human resource management-chapter 1
Human resource management-chapter 1
 
Challenges of hrm with modern and future references
Challenges of hrm with modern and future referencesChallenges of hrm with modern and future references
Challenges of hrm with modern and future references
 
Modern Hrm
Modern HrmModern Hrm
Modern Hrm
 
Hrm In South Africa
Hrm In South AfricaHrm In South Africa
Hrm In South Africa
 
Dynamic human resource environment factors
Dynamic human resource environment factorsDynamic human resource environment factors
Dynamic human resource environment factors
 
Fundamental of Human Resources Management Training (Kanaidi, SE., M.Si)
Fundamental of Human Resources Management Training (Kanaidi, SE., M.Si)Fundamental of Human Resources Management Training (Kanaidi, SE., M.Si)
Fundamental of Human Resources Management Training (Kanaidi, SE., M.Si)
 
Innovation In HRM
Innovation In HRMInnovation In HRM
Innovation In HRM
 
Chapter 1. Fundamental Human resource Management
Chapter 1. Fundamental Human resource Management Chapter 1. Fundamental Human resource Management
Chapter 1. Fundamental Human resource Management
 

Ähnlich wie Module 1 challenges in hrm

Module 1 challenges in hrm
Module 1   challenges in hrmModule 1   challenges in hrm
Module 1 challenges in hrmVarun Mahadev
 
Managing human resources a strategic prospective
Managing human resources a strategic prospectiveManaging human resources a strategic prospective
Managing human resources a strategic prospectiveKULDEEP MATHUR
 
HCM MBA 2nd Sem Mod 1 to 5 - Viraja.pptx
HCM MBA 2nd Sem Mod 1 to 5 - Viraja.pptxHCM MBA 2nd Sem Mod 1 to 5 - Viraja.pptx
HCM MBA 2nd Sem Mod 1 to 5 - Viraja.pptxViraja Kanawally
 
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagali
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagaliTalent management....Phd in Management, HR, HRM, HRD, Management.. bagali
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagalidr m m bagali, phd in hr
 
mba HRM ppt.ppt human resource management ppt
mba HRM  ppt.ppt human resource management pptmba HRM  ppt.ppt human resource management ppt
mba HRM ppt.ppt human resource management pptssusere1704e
 
1-HRM-and-Development.pptx
1-HRM-and-Development.pptx1-HRM-and-Development.pptx
1-HRM-and-Development.pptxjo bitonio
 
Excellence in Human Resource Management
Excellence in Human Resource ManagementExcellence in Human Resource Management
Excellence in Human Resource ManagementHans Jonkers
 
Human resources management sara babiker
Human resources management sara babikerHuman resources management sara babiker
Human resources management sara babikeresarbab
 
Introduction To Human Resourcespptx
Introduction To Human ResourcespptxIntroduction To Human Resourcespptx
Introduction To Human ResourcespptxNITALIMITRA
 
Developing national and organisational human capital presentation at ATD MENA
Developing national and organisational human capital presentation at ATD MENADeveloping national and organisational human capital presentation at ATD MENA
Developing national and organisational human capital presentation at ATD MENAJon Ingham
 
Developing national and organisational human capital presentation at ATD MENA
Developing national and organisational human capital presentation at ATD MENADeveloping national and organisational human capital presentation at ATD MENA
Developing national and organisational human capital presentation at ATD MENAJon Ingham
 
Basic Human Resource Management
Basic Human Resource ManagementBasic Human Resource Management
Basic Human Resource ManagementSeta Wicaksana
 
Future of HR 2022 Slides
Future of HR 2022 SlidesFuture of HR 2022 Slides
Future of HR 2022 SlidesThe RBL Group
 
HR practice professionalism beyond certifications
HR practice professionalism beyond certificationsHR practice professionalism beyond certifications
HR practice professionalism beyond certificationsUWAGBALE ORIAIFO
 
Talent Management in an Organization Powerpoint Presentation
Talent Management in an Organization Powerpoint PresentationTalent Management in an Organization Powerpoint Presentation
Talent Management in an Organization Powerpoint PresentationMitch Herrera
 

Ähnlich wie Module 1 challenges in hrm (20)

Module 1 challenges in hrm
Module 1   challenges in hrmModule 1   challenges in hrm
Module 1 challenges in hrm
 
Managing human resources a strategic prospective
Managing human resources a strategic prospectiveManaging human resources a strategic prospective
Managing human resources a strategic prospective
 
HCM MBA 2nd Sem Mod 1 to 5 - Viraja.pptx
HCM MBA 2nd Sem Mod 1 to 5 - Viraja.pptxHCM MBA 2nd Sem Mod 1 to 5 - Viraja.pptx
HCM MBA 2nd Sem Mod 1 to 5 - Viraja.pptx
 
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagali
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagaliTalent management....Phd in Management, HR, HRM, HRD, Management.. bagali
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagali
 
Global talent management
Global talent managementGlobal talent management
Global talent management
 
mba HRM ppt.ppt human resource management ppt
mba HRM  ppt.ppt human resource management pptmba HRM  ppt.ppt human resource management ppt
mba HRM ppt.ppt human resource management ppt
 
10trends
10trends10trends
10trends
 
1-HRM-and-Development.pptx
1-HRM-and-Development.pptx1-HRM-and-Development.pptx
1-HRM-and-Development.pptx
 
Challenges to HR
Challenges to HRChallenges to HR
Challenges to HR
 
Excellence in Human Resource Management
Excellence in Human Resource ManagementExcellence in Human Resource Management
Excellence in Human Resource Management
 
Human resources management sara babiker
Human resources management sara babikerHuman resources management sara babiker
Human resources management sara babiker
 
hhrrmm.pdf
hhrrmm.pdfhhrrmm.pdf
hhrrmm.pdf
 
Introduction To Human Resourcespptx
Introduction To Human ResourcespptxIntroduction To Human Resourcespptx
Introduction To Human Resourcespptx
 
Developing national and organisational human capital presentation at ATD MENA
Developing national and organisational human capital presentation at ATD MENADeveloping national and organisational human capital presentation at ATD MENA
Developing national and organisational human capital presentation at ATD MENA
 
Developing national and organisational human capital presentation at ATD MENA
Developing national and organisational human capital presentation at ATD MENADeveloping national and organisational human capital presentation at ATD MENA
Developing national and organisational human capital presentation at ATD MENA
 
Basic Human Resource Management
Basic Human Resource ManagementBasic Human Resource Management
Basic Human Resource Management
 
Future of HR 2022 Slides
Future of HR 2022 SlidesFuture of HR 2022 Slides
Future of HR 2022 Slides
 
Article on talent management converted
Article on talent management convertedArticle on talent management converted
Article on talent management converted
 
HR practice professionalism beyond certifications
HR practice professionalism beyond certificationsHR practice professionalism beyond certifications
HR practice professionalism beyond certifications
 
Talent Management in an Organization Powerpoint Presentation
Talent Management in an Organization Powerpoint PresentationTalent Management in an Organization Powerpoint Presentation
Talent Management in an Organization Powerpoint Presentation
 

Mehr von Varun Mahadev

Module 2 hr planningg
Module 2   hr planninggModule 2   hr planningg
Module 2 hr planninggVarun Mahadev
 
Module 3 recruitment
Module 3   recruitment Module 3   recruitment
Module 3 recruitment Varun Mahadev
 
Module 7 compensation and benefit administration
Module 7   compensation and benefit administrationModule 7   compensation and benefit administration
Module 7 compensation and benefit administrationVarun Mahadev
 

Mehr von Varun Mahadev (6)

It bt
It btIt bt
It bt
 
Module 2 hr planningg
Module 2   hr planninggModule 2   hr planningg
Module 2 hr planningg
 
Module 4 selection
Module 4   selectionModule 4   selection
Module 4 selection
 
Module 3 recruitment
Module 3   recruitment Module 3   recruitment
Module 3 recruitment
 
Module 4 selection
Module 4   selectionModule 4   selection
Module 4 selection
 
Module 7 compensation and benefit administration
Module 7   compensation and benefit administrationModule 7   compensation and benefit administration
Module 7 compensation and benefit administration
 

Kürzlich hochgeladen

8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 

Kürzlich hochgeladen (20)

Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 

Module 1 challenges in hrm

  • 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