Emerging challenges and opportunities in future of human resource management
Human Resource Management needs to be changed as per the need and time of Business Environment in which business is operated. Technology has revolutionized the way of accessing information. To be global, each and every company needs to be digitalized. The structure of workforce and organization needs to be changed fundamentally. The organization needs to rethink about the way of hiring its personnel, engaging, rewarding and developing them. These changes will create great impact on workplace. As the global economy is affecting, both social and professional life, continually by disruptive forces. In this paper, we are going to look at the state of Human Resource Management, over the next coming years, and the impact of technology on HR professionals. We will also look for the challenges the organization, needs to be faced and the opportunities which can be availed. Findings of this study helps in revealing the importance of Human Resource Management, that will continue in order to fulfill the needs of business, and changing environmental nature, such as technological advancements and global outsourcing.