Trends And Implications Of Human Resource Management

889 WordsAug 10, 20154 Pages
Trends and Implications Today’s organizational leaders are facing accelerating rates of volatility, uncertainty, complexity and ambiguity, all of which are showing no signs of slowing down. Whether it is the continuing digital revolution or expanding global markets, our current environment requires a constant state of innovation. For companies to continue succeeding, next generation leaders must be able to handle any curve ball thrown their way. Leading through this new business environment requires the capability to sense and respond to changes in the business environment with actions that are focused, fast, and flexible. The next generation of Human Resource Managers will have to be agile and well coordinated for quick change. This means the days of lifetime employment and seniority-based systems are largely over as companies move toward models of contingent work, independent contracting, and more free- market arrangements (Losey et.al., 2005). Large group of experienced, highly skilled, workers are leaving employment and are looking for alternative employment. The shift in how organizations can effectively function in the changing world of work is a hot topic within the field of human resource management. Society is rapidly shifting to an information age and the challenges that come about with such a change (Al-Hawamdeh & Hart, 2001; Burch, 2005; Castells, 1996; Elliot & Jacobson, 2002). Changing demographics is one of the strategic steps that those in the human
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