Trends In Human Resource Management

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The function of human assets has been evolving for a while. The shift from “employees” to “human resources,” for instance, became a part of the movement to acknowledge the value of personnel as an organizational aid, and eliminates some of the stigma that became is associated with slow, bureaucratic employees departments. This shift in label was observed by using a call for HR to end up a strategic associate with the leaders of the enterprise-to contribute to significant enterprise selections, endorse on critical transitions, and increase the value of the employees-in quick, to have a seat on the table. RECENT TRENDS IN HRM: Mr. P.Subba Rao,[1] in his book “Essentials of HRM and Industrial relations” identified the following trends in HRM…show more content…
Competency mapping is the process of identification, evaluation of employee competencies and organizational requirements and establishing perfect parity between them. Objectives of competency mapping:  To align competencies with business strategies  To find a match between a job and job incumbent.  To plan for career and succession.  To train and develop employees.  To achieve individual and organizational growth. 3) Outsourcing of HR : BPO is the assignation of non-core activities of an organization to other organizations for which such activities are core. The HR issues in BPO sector are four fold viz., (i) HRM aspects of client organizations ii) outsourcing of HR functions (iii) outsourcing human resources, (iv) General. The main advantages of outsourcing human resources are  To reduce cost of human resources.  To avoid the complexities in HRM  To avoid evil effects of overstaffing. 4) HR Balance Score card: Robert S. Kaplan and David. P Nortan D.P. 1996[ 2] published about Balanced scorecard, which is a performance planning and measurement technique. BSR is the outcome of research conducted by them for one year involving 12 companies. .Kaplan and David. P Nortan felt that Balanced Score card…show more content…
Moreover the function of HRM has also to be integrated with vertical policies and strategies of an organization. HR matrix is somewhat like Business Process Reengineering around the clients rather than revolving around superior-subordinate relationship. 6. Dual career groups: There has been a tremendous increase in the number of female employees in all types of organizations. This has necessitated the process of supporting them since women have to balance their personal as well as professional lives irrespective of their marital status. 7. Knowledge Management: The slogan of software companies now-a-days is ‘knowledge management’. The term knowledge management is coined by Kael Wiig- a consultant. Knowledge management is “ a systematic ,explicit and deliberate building, renewal and application of knowledge to maximize an enterprise’s knowledge related effectiveness and returns from its knowledge assets.” Knowledge management helps an organization
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