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Hrm Future Trends

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Hrm Future Trends
VSRD International Journal of Business and Management Research, Vol. 2
No. 1
2
,
December 2012
/
612
ISSN No. 2231
-
248X (Online), 2319
-
2194
(Print)
©
VSRD
International Journals
:
www.vsrdjournals.com
RESEARCH
COMMUNICATION
FUTURE TRENDS IN HUMAN RESOURCE MANAGEMENT
Shil
pika
Pandey
Assistant Professor, MBA Department,
Ambalika Institute of Management & Technology, Lucknow, Uttar
Pradesh, INDIA.
Corresponding
Author
:
shilpika30@gmail.com
ABSTRACT
Human Resource Management is a process which brings people & organization together to meet the organ izational goal. But over the past years, Human Resource Management has evolved conside rably and experienced a major transformation in form and functions. Driven by a number of significant internal and external environmental forces, HRM has progressed from a largely maintenance function, with little if any bottom line impact, to what many sc holars and practitioners today regard as the source of sustained competitive advantage for organizations operating in a global economy.
If we go to previous era most of the enterprises had ad hoc management practices where the managers were the owners. The administrative systems that exist today in the civil services were inherited from the British colonial period. In 1
974, the Ethiopian regime nationalized all private firms and hierarchical management practice was implemented with the establishment of pers onnel management departments.
The paper will raise the relevant issues in detail regarding the current employment practices (human resource manag ement) in the selected organizations. In this section, we would like to pay attention to some factors that are more likely to challenge manage rs in general, and the government in particular, in the future with regard to HRM. Firstly, the impacts of brain drain priv atization and globalizati on. Secondly, the role of Human Resource is changing from


References: AMR Research, 2006: The Human Capital Management Applications Report,
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