Hrm in a Dynamic Environment

6593 WordsFeb 10, 201027 Pages
INTRODUCTION 2 THE IMPORTANCE OF HUMAN RESOURCES MANAGEMENT IN MODERN DYNAMIC ORGANIZATIONS 2 EVOLUTION OF THE HR FUNCTION - FROM A BUSINESS FUNCTION TO A STRATEGY PARTNER 3 HR Function Growth Path 3 HR as a Business Function 4 HR as a Business Partner 4 HR as a Strategic Partner 5 EFFECTS OF TECHNOLOGICAL CHANGES ON HRM AND INTRODUCTION OF HRIS 5 A RETENTION FACTOR IN TODAY'S DYNAMIC BUSINESS WORLD - TRAINING AND DEVELOPMENT 6 TQM – THE 3 MAGIC LETTERS TO SUCCESS 7 Key Elements: 8 TOTAL QUALITY HUMAN RESOURCES MANAGEMENT 11 Introduction 11 How to implement TQHRM 12 TQHRM in Action 13 HR'S ROLE IN REENGINEERING 13 STRATEGIES FOR HR TRANSFORMATION 15 HR - Support to Strategic advantage 15 It’s your data working for you:…show more content…
On the other hand, challenges do not cease for the HRM. Modern organizations can survive in the dynamic, competitive environment of today only if they capitalize on the full potential of each employee. Unfortunately, many companies have not understood the importance of the human capital in successful operations. The recruitment and selection of the best employees is a very difficult obligation. Even companies that are voted in the top-ten places to work at, often endure long periods of hard work to realize that human element is all an organization should care about. New challenges arise even now for the organization, and it is certain that new challenges will never cease to emerge. Therefore, the use of proper Human Resources techniques is a really powerful way for organizations to overcome these challenges, and to improve not only their quantitative goals but also their organizational culture, and their qualitative, cognitive aspects. EVOLUTION OF THE HR FUNCTION - FROM A BUSINESS FUNCTION TO A STRATEGY PARTNER We would like to quote Mr Narayan Murthy. He says, “A few years back during a client interaction, while being quizzed on our capabilities, we were surprised by a question on security practices in our company. The reason cited was that the customer measured the maturity of their vendor on the basis of the security practices prevalent in the vendor's premises. After all they wanted to entrust their data
Open Document