Future Trends in Hrm
Hrm Future Trends Presentation Transcript
1. Future Trends in HRM 2. How is the environment changing? Society Technology Government Employers Employees Economy 3. How is the environment changing? Society From To Tolerant Assertive Modest expectation Rising expectation Collective Individualistic Long term oriented Short term oriented Less educated Better educated Aware of duties Aware of rights too 4. How is the environment changing? Technology From To Labour intensive Labourless Low cost High cost Multi technology Specialized technology Medium technology Complex technology Piece-meal technology Convergent technology 5. How is the environment changing? Government From To Policy of concentrated growth Balanced growth Subsidy oriented Innovative business incentives Entrepreneur Facilitator for entrepreneurs Employee friendly Employer friendly Centralized power Decentralized power 6. How is the environment changing? Employers From To Domestic Business Global business Profit oriented Efficiency oriented Traditional Management Professional Management Less technical More technical Less Mgt Qualification More Mgt Qualification Employer by inheritance First gen employers 7. How is the environment changing? Employees From To Workers Knowledge workers Blue collar White collar Specialized skills Multi skills Submissive Assertive 8. How is the environment changing? Economy From To Closed economy Open economy Sellers’ market Buyers’ market Domestic business International business Stable Unstable Higher price Lower price 9. HRM in 21 st century Demographic changes 1.Pressure from religious and racial minorities 2. Women reservation and empowerment 3. Reservation to economically backwards from upper castes 4.Reservation is likely to be extended to private sectors too Reasons Shrinking no. of PSU’s and Govt jobs Core sectors are going into private ownership Concept of pvt mgt and public money Increasing role of pvt companies in social
1. Future Trends in HRM 2. How is the environment changing? Society Technology Government Employers Employees Economy 3. How is the environment changing? Society From To Tolerant Assertive Modest expectation Rising expectation Collective Individualistic Long term oriented Short term oriented Less educated Better educated Aware of duties Aware of rights too 4. How is the environment changing? Technology From To Labour intensive Labourless Low cost High cost Multi technology Specialized technology Medium technology Complex technology Piece-meal technology Convergent technology 5. How is the environment changing? Government From To Policy of concentrated growth Balanced growth Subsidy oriented Innovative business incentives Entrepreneur Facilitator for entrepreneurs Employee friendly Employer friendly Centralized power Decentralized power 6. How is the environment changing? Employers From To Domestic Business Global business Profit oriented Efficiency oriented Traditional Management Professional Management Less technical More technical Less Mgt Qualification More Mgt Qualification Employer by inheritance First gen employers 7. How is the environment changing? Employees From To Workers Knowledge workers Blue collar White collar Specialized skills Multi skills Submissive Assertive 8. How is the environment changing? Economy From To Closed economy Open economy Sellers’ market Buyers’ market Domestic business International business Stable Unstable Higher price Lower price 9. HRM in 21 st century Demographic changes 1.Pressure from religious and racial minorities 2. Women reservation and empowerment 3. Reservation to economically backwards from upper castes 4.Reservation is likely to be extended to private sectors too Reasons Shrinking no. of PSU’s and Govt jobs Core sectors are going into private ownership Concept of pvt mgt and public money Increasing role of pvt companies in social