EMERGING CHALLENGES AND COPING STRATEGIES IN HUMAN RESOURCE MANAGEMENT

Abstract

The role of the Human Resource Manager is evolving with the change in competitive market environment and the realization that Human Resource Management must play a more strategic role in the success of an organization. HRM managers have moved from handling simple personal issues to making a strategic implementation through supporting the long term strategies with the necessary employee qualifications and developing the cultural and technical capabilities required for the strategies of the organization. The challenges of HR managers today is to recognize talent and nurture the same carefully and achieve significant productivity gains over a period of time. The enterprise is nothing but people. The role of HR manager is shifting from a protector and screener to the planner and change agent. This paper analyzes various challenges which are emerging in the field of HRM and also focusing on how to overcome with these challenges. The managers today face a whole new array of changes like globalization, technological advances and changes in political and legal environment, changes in Information technology.