HRM in 21st Century: Challenges of Future

Abstract

Globalisation has changed the way business houses used to work in the traditional market place. With advancement in technology, the role and functions of HR manager has totally changed. It has become important for the HR department to redefine its strategies and act as a strategic partner by aligning all the HR functions with the mission, vision and strategies of the organization. This paper discusses the changes in the role of HRM after the globalisation. And with this change I mean, change in the methods of production, the process of recruitment, the training techniques, and new equipment etc. Human resources have become most important strategic player in an organisation and their management has become the most challenging task. The management should spend time to learn the changing scenario of the Human Resource Department in the 21st century. The HR department has to keep up with the changing business environment, thus it has to formulate and edit the organisational and individual goals accordingly. This paper aims to point out the changing role of the HR manager and HR department.