| EMERGING TRENDS IN HRM | | | | family management will give way to professional |
| ABSTRACT: | | | | management with greater forces on human dignity. |
| The management has to recognize the important role | | | | Thus, in future personnel management will face new |
| of Human Resource Department in order to | | | | challenges and perform new responsibilities. |
| successfully steer organizations towards profitability. It | | | | Participative leadership will take the place of autocratic |
| is necessary for the management to invest | | | | leadership. Creative skills will have to be redeveloped |
| considerable time and amount, to learn the changing | | | | and rewarded emphasis will shift from legal and rule |
| scenario of the HR department in the 21st century. In | | | | bound approach to more open and humanitarian |
| order to survive the competition and be in the race, HR | | | | approach. |
| department should consciously update itself with the | | | | NEW TRENDS IN HR |
| transformation in HR and be aware of the HR issues | | | | Human resource management is a process of bringing |
| cropping up. With high attrition rates, poaching | | | | people and organizations together so that the goals of |
| strategies of competitors, there is a huge shortage of | | | | each other are met. The role of HR manager is shifting |
| skilled employees and hence, a company’s HR | | | | from that of a protector and screener to the role of a |
| activities play a vital role in combating this crisis. | | | | planner and change agent. Personnel directors are the |
| Suitable HR policies that would lead to the | | | | new corporate heroes. The name of the game today |
| achievement of the Organization as well as the | | | | in business is personnel . Nowadays it is not possible to |
| individual’s goals should be formulated. HR | | | | show a good financial or operating report unless your |
| managers have to manage all the challenges that they | | | | personnel relations are in order. |
| would face from recruiting employees, to training them, | | | | Over the years, highly skilled and knowledge based |
| and then developing strategies for retaining them and | | | | jobs are increasing while low skilled jobs are |
| building up an effective career management system | | | | decreasing. This calls for future skill mapping through |
| for them. Just taking care of employees would not be | | | | proper HRM initiatives. |
| enough; new HR initiatives should also focus on the | | | | Indian organizations are also witnessing a change in |
| quality needs, customer-orientation, productivity and | | | | systems, management cultures and philosophy due to |
| stress, team work and leadership building. This book is | | | | the global alignment of Indian organizations. There is a |
| divided into two sections that throw light on the | | | | need for multi skill development. Role of HRM is |
| emerging HR trends and discusses HR issues in | | | | becoming all the more important. |
| various industries like financial services, IT, Power, | | | | Some of the recent trends that are being observed |
| Healthcare, to name a few. This book should be | | | | are as follows: |
| valuable for practicing HR managers of every | | | | - The recent quality management standards ISO 9001 |
| organization and also for those who have a significant | | | | and ISO 9004 of 2000 focus more on people centric |
| interest in the area of Human Resource Management, | | | | organizations. Organizations now need to prepare |
| to realize the growing importance of human resources | | | | themselves in order to address people centered |
| and understand the need to build up effective HR | | | | issues with commitment from the top management, |
| strategies to combat HR issues arising in the 21st | | | | with renewed thrust on HR issues, more particularly on |
| century. | | | | training. |
| IntroductionHuman Resource Management has | | | | - Charles Handy also advocated future organizational |
| evolved considerably over the past century, and | | | | models like Shamrock, Federal and Triple I. Such |
| experienced a major transformation in form and | | | | organizational models also refocus on people centric |
| function primarily within the past two decades. Driven | | | | issues and call for redefining the future role of HR |
| by a number of significant internal and external | | | | professionals. |
| environmental forces, HRM has progressed from a | | | | - To leapfrog ahead of competition in this world of |
| largely maintenance function, with little if any bottom line | | | | uncertainty, organizations have introduced six- sigma |
| impact, to what many scholars and practitioners today | | | | practices. Six- sigma uses rigorous analytical tools with |
| regard as the source of sustained competitive | | | | leadership from the top and develops a method for |
| advantage for organizations operating in a global | | | | sustainable improvement. These practices improve |
| economy. | | | | organizational values and helps in creating defect free |
| CHANGES IN HRM : Some of the significant | | | | product or services at minimum cost. |
| changes that are likely to take place in the human | | | | - Human resource outsourcing is a new accession that |
| resource management are as follows: | | | | makes a traditional HR department redundant in an |
| 1. Increase in education levels: Due to technological | | | | organization. Exult, the international pioneer in HR BPO |
| progress and the spread of educational institutions | | | | already roped in Bank of America, international players |
| workers will increasingly become aware of their higher | | | | BP Amoco & over the years plan to spread their |
| level needs, managers will have to evolve appropriate | | | | business to most of the Fortune 500 companies. |
| policies and techniques to motivate the knowledge of | | | | - With the increase of global job mobility, recruiting |
| workers. Better educated and organized workforce | | | | competent people is also increasingly becoming difficult, |
| will demand greater discretion and autonomy at the | | | | especially in India. Therefore by creating an enabling |
| work place. | | | | culture, organizations are also required to work out a |
| 2. Technological developments: This will require | | | | retention strategy for the existing skilled manpower. |
| retraining and mid-career training of both workers and | | | | FUTURE ROLE OF PERSONNEL MANAGERS |
| managers. Rise of the international corporation is | | | | Some of the emerging trends in |
| proving new challenges for personnel function. | | | | the role of personnel manager are as follows:- |
| 3. Changing composition of work force: In future, | | | | (i). Personnel managers of future will have to |
| women and minority groups, SCs and STs would | | | | stress upon overall development of human resources |
| become an important source of man power in future | | | | in all respects. |
| on account of easy access to better educational and | | | | (ii). The scope of human resource management |
| employment opportunities. Therefore manpower | | | | will be extended to cover career planning and |
| planning of every organization will have to take into | | | | development, organization development, social justice |
| consideration the potential availability of talent in these | | | | etc. |
| groups. Changing mix of the workforce will lead to | | | | (iii). Enlightened trade unions will become an active |
| new values in organizations. | | | | participant in the organization and management of |
| 4. Increasing government role: In India, personnel | | | | industry. |
| management has become very legalized. In future | | | | (iv). The personnel manager will be required to act |
| private organizations will have to co-ordinate their | | | | as a change agent through greater involvement in |
| labour welfare programmes with those of the | | | | ‘environment and scanning and development |
| government private sector will be required increasingly | | | | planning. They will have to devote more time to |
| to support government efforts for improving public | | | | promote changes than to maintain the status quo. |
| health, education training and development and | | | | (v). The personnel function will become more |
| infrastructure. | | | | cost-conscious and profit oriented. Instead of merely |
| 5. occupational health and safety: Due to legislative | | | | administering personnel activities, the personnel |
| presence and trade union movement, personnel | | | | department will have to search out opportunities for |
| management will have to be more healthy and safety | | | | profit improvement and growth. |
| conscious in future. | | | | (vi). Greater authority and responsibilities will be |
| 6. Organizational development: in future, change will | | | | delegated to personnel managers particularly in the |
| have to be initiated and managed to improve | | | | field of employee welfare services. |
| organizational effectiveness. Top management will | | | | (vii). Personnel managers will have to continuously |
| become more actively involved in the development of | | | | retrain themselves to avoid obsolescence of their |
| human resources. | | | | knowledge and skills. |
| 7. New work ethic: greater forces will be on project | | | | Thus, the job of personnel managers will become |
| and team forms of organization. As changing work | | | | more difficult and challenging in future. They will have |
| ethic requires increasing emphasis on individual. Jobs | | | | to be experts in behavioral sciences. They will play a |
| will have to redesigned to provide challenge. | | | | creative and development role. They will thus have |
| 8. Development planning: personnel management will | | | | play a creative and development role. They will have |
| be involved increasingly in organizational planning, | | | | to acquire new skills, values, attitudes to discharge their |
| structure, composition etc. Greater cost-consciousness | | | | new responsibilities successfully. |
| and profit-orientations will be required on the part of | | | | Conclusion: |
| the personnel department. | | | | “I never predict. I just look out the window and see |
| 9. Better appraisal and reward systems: organizations | | | | what is visible – but not yet seen” (Peter |
| will be required to share gains of higher periodicity with | | | | Drucker) |
| workers more objective and result oriented systems | | | | Trends in Human resource management have |
| of performance, appraisal and performance linked | | | | changed the way we work, as organizations are more |
| compensation will have to be developed. | | | | depended on HRM to increase the success ratio in |
| 10. New personnel policies: new and better polices will | | | | today’s competitive global environment. |
| be required for the work force of the future. Traditional | | | | |