five (5) challenges in human resource management.
Posted by zonan | Posted in challenge in HR , HR
1. Globalization
Globalization is the trend toward opening up foreign markets to international trade and investment. Business everywhere, in order to grow and prosper are seeking business opportunities in global markets. For example, Toyota, based in japan, is growing its market share and number of jobs in the U.S and North American sales provide 70% of its profits worldwide. Also, Toyota, Honda, Nissan and other Japanese automobile manufacturers, electronics firms and suppliers have established operations in the U.S. the globalization of business has shifted from trade and investment to the integration of global operations, management and strategic alliances which has significantly affected the management of human resources.
Orientation, training and development will become complex too and important.
2. Safety and health
This process caters for organizations to provide a safe and healthy work environment that will comply with specific occupational safety and health standards and to keep records of occupational injuries and illnesses.
3. Employee benefits and compensation
This process aims to provide and to reward employees with equitable pay/remuneration of employees for the contributions they contributed to organizations in achieving their objectives. Effective Human Resource Management will ensure that both internal and external equities to compensation are met.
4. Industrial Relations
This process will focus on maintaining good and harmonious relationships between the management and the employees. The process include handling grievances, disciplinary proceedings, trade unions and collective bargaining process.
5. New technological advances
Computer technology has made organizations to take advantage of the information explosion. It also forced and enabled organizations to become more competitive. It also change the nature of work in organization.
Globalization is the trend toward opening up foreign markets to international trade and investment. Business everywhere, in order to grow and prosper are seeking business opportunities in global markets. For example, Toyota, based in japan, is growing its market share and number of jobs in the U.S and North American sales provide 70% of its profits worldwide. Also, Toyota, Honda, Nissan and other Japanese automobile manufacturers, electronics firms and suppliers have established operations in the U.S. the globalization of business has shifted from trade and investment to the integration of global operations, management and strategic alliances which has significantly affected the management of human resources.
Orientation, training and development will become complex too and important.
2. Safety and health
This process caters for organizations to provide a safe and healthy work environment that will comply with specific occupational safety and health standards and to keep records of occupational injuries and illnesses.
3. Employee benefits and compensation
This process aims to provide and to reward employees with equitable pay/remuneration of employees for the contributions they contributed to organizations in achieving their objectives. Effective Human Resource Management will ensure that both internal and external equities to compensation are met.
4. Industrial Relations
This process will focus on maintaining good and harmonious relationships between the management and the employees. The process include handling grievances, disciplinary proceedings, trade unions and collective bargaining process.
5. New technological advances
Computer technology has made organizations to take advantage of the information explosion. It also forced and enabled organizations to become more competitive. It also change the nature of work in organization.
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