Hr Trends And Challenges Essay

3702 words - 15 pages

Human Resource Trends and Challenges PAGE \* Arabic 14
Human Resource Trends and ChallengesVince ChanTim JohnsonElvis KhachatryanShane O'BrienMGT 431Human Resources ManagementShaughna Vaughan24 December 2007Human Resource Trends and ChallengesEvery job, organization and industry is going to have trends. These trends dictate the direction that the job, organization or industry is heading whether it is technology driven, psychologically driven, or financially driven. The variables that impact these trends can change very quickly, and are results of needs that are fulfilled by the trends. Some examples are personal computers, cell phones and many other technologies that allow organizations to conduct business faster and easier. Many times a there are multiple trends that are on opposite sides of an idea, and an organization must decide which trend or trends are the correct trends for future success. When organizations face challenges of this nature at the speeds the current business environment changes, forces them to become knowledgeable of the industry trends very quickly. The organizations must then use this knowledge to make quick decisions on their future direction. The following is an exploration and analysis of the trends that human resource departments and managers are facing in today's businesses, and why they are important for organizational success today and in the future.Performance Management and Performance AppraisalsGood management is always analyzing the performance of the organization and its employees. There are several ways to do this, and depending on the organization and its objectives some methods are more effective than others. A complete performance management system is different from an annual performance appraisal system in several ways. In most cases a complete performance appraisal system is an ongoing evaluation. It uses several factors to determine the productivity of the employees of the organization. Management has to decide what the primary objectives of the organization are. Once this is decided they need to figure out how each department is contributing to the main objectives of the origination. These become sub-goals for the entire company and each department can concentrate on each goal. From here, each employee in that department can be responsible for a goal. The managers in that department can divide the tasks to individual employees. Good performance management systems will allow the managers in each department to evaluate the performance of employee and to see the effectiveness of that employee to complete the required tasks and objectives. Managers then need to figure out a performance reward system which can award the employees for completing their primary objectives. Managers can choose to reward employees on several factors. Competition, quality and content are some of the factors which rewards can be based on. The most important factor is to make sure that rewards are given when the primary objective...

Find Another Essay On HR Trends and Challenges

Trends and Challenges Essay

2863 words - 11 pages In order to stay competitive in today's market, organizations need to keep up with the times and promote change in order to maintain a competitive edge. An organization's diverse competitive advantage lies within the human resource department of the organization. This paper will discuss the existing trends and challenges in human resource management. The topics covered will include performance management systems versus annual performance

Trends and Challenges in Human Resource Management

2915 words - 12 pages Trends & Challenges in Human Resource PAGE 1 Human resources have been a beneficial aspect to several organizations globally and recently, has been considered one of the most important job functions for many successful corporations. Hiring and retaining qualified employees have previously been a challenging task and with the help of human resource professionals, seeking and maintaining conceptual employees has now become a priority for top

Human Resources Trends and Challenges

907 words - 4 pages Advantages of Managing Turnovers in OrganizationsManaging turnover is one of the most recent human resources trends in today's business environment and many organizations have found that managing their turnover effectively has helped with the organizations bottom line, which has resulted in many different success stories. Human resource departments in all organizations would consider managing turnover a very important aspect or the departments

What mega trends do you think will impact the energy landscape in 2020 and how should Singapore prepare for such challenges and opportunities?

1056 words - 5 pages technology may also be improved and expanding at an exponential rate across the globe by 2020, making more renewable energy such as solar and nuclear energy replacing energy generated from oil. Under such circumstances, Singapore may face with various challenges but it is also a golden opportunities for Singapore to achieve sustainable economic growth and enhance its energy security. Analysis of the mega trends Environmental concern over

Transformation of the HR department of Baker Hughes, a Global Company

1011 words - 5 pages improving payroll accuracy and increasing HR Challenges and Objectives efficiency, Baker Hughes also wanted to comply with legal and In 2007, Baker Hughes decided to look for a long-term HR partner regulatory requirements and, most importantly, reduce HR to support them in achieving the following objectives of their HR operational costs

Human Resource Roles and Responsibilities

923 words - 4 pages . Increasingly, organizations will seek HR professionals who can align HR strategy with business strategy (Bundy, 1997, p. 3). In this paper I will review Human Resource roles and responsibilities in response to trends in globalization, technology, diversity, e-business and ethics.Trends in globalizationHuman Resource professionals are increasing their scope when it comes to searching for talent. Globalization has enabled HR professionals to seek

Human Resources and Responsibilities

792 words - 3 pages understand human resources computer systems. According to Noe, et al. (2007) when human resources are well managed it has the potential to improve the organizations competitive advantage by helping achieve basic objectives such as quality, profits, and customer satisfaction. This paper will attempt to describe the changing role of Human Resource (HR) management in response to trends in globalization, technology, diversity, e-business, and

Human Resources Management Roles and Responsibilities Paper

868 words - 3 pages The human resource management department has been in constant change over the years. Theses changes are due to changing trends in globalization, technology, diversity, e-business, and ethics. The HR department is responsible for the success of the company and plays a greater role in the decisions of an organization.Companies are now expanding their business into foreign countries, moving the headquarters of the company or opening a branch these

Human Resources

889 words - 4 pages administrative skills used to be enough; human resources now demand a skill mix that also includes consulting, coaching, and communication, along with a broad understanding of the business plan. Increasingly, organizations will seek HR professionals who can align HR strategy with business strategy (Bundy, 3). In this paper here is the review of Human Resource roles and responsibilities that will be assigning to this department in response to trends in

Human Resource Challenges: Current and Future Issues

1446 words - 6 pages demands of the organization and supporting the workforce requires constant attentiveness to be successful. With challenges affecting trends in technology, task, structure, and people the duties of an HR specialist will continue to change. Works Cited Baack, D. (2012). Organizational behavior. San Diego, CA: Bridgepoint Education, Inc. Calo, T. (2008). Talent Management in the Era of the Aging Workforce: The Critical Role of

HR Roles and Responsibilities

772 words - 3 pages Many aspects of Human Resources management are changing along with major trends in globalization, technology, diversity, e-business, and ethics. This paper will review some of these changing aspects to gain a better understanding of Human Resources and their role today in organizational development.With so many companies entering into the global marketplace today, Human Resource (HR) issues exist to contend with such as diversity, culture, and

Similar Essays

Trends And Challenges Essay

1265 words - 5 pages receive and the HR representative may not receive it back until after two or more weeks. In many cases now the first interview is completed over the phone, it gives the HR representative an idea on what type of person they are dealing with and they can eliminate applicants quicker if their qualifications do not match the expectations of the position. Another advantage due to technology trends is that HR has the opportunity to communicate with

Trends And Challenges Essay

3267 words - 13 pages advancement follow logically.Future Trends and Challenges of HRMAs firms struggle with the combined impact of high interest rates, the growing international competition, and shrinking productivity, they realized the need for greater accountability in all functions of the company. New challenges emerged for HR professionals as they are invited to be business partners. The new roles required new processes and systems. Today's organizations are buying

Trends And Challenges Paper

3417 words - 14 pages With so many companies fighting for good positions in the marketplace, in order for organizations to stay competitive and ahead of the opposition they must promote change and stay focused on current trends. An organization's human resource Department (HR) is a vital piece of the company that will help give the organization a diverse competitive edge and assist in steering the company into the right direction. In this paper Team A will discuss

Trends And Challenges Essay

2586 words - 10 pages on their employees to achieve its goals. Components including performance management, appraisals, workplace turnover, worker safety and health will be addressed in this paper. Future challenges and trends in human resource management will be discussed briefly.Performance ManagementAccording to management and organization development consultant, Susan Heathfield, "...performance management is the process of creating a work environment or setting in