The underlying economic and social reasons for the recent transformation in the field of human resource management:
- For the economy, globalization and technological advancement require a workforce with highly specialized skills and the ability to adapt to rapid technological change. This has pushed human resources departments to focus more on attracting, training, and developing talent.
- For society, the increasing cultural diversity in the workplace due to integration and the move towards globalization requires human resource managers to find solutions to manage and integrate the workforce effectively. Additionally, technological advancements have increased remote work and digital communication tools, causing interactions and communication between employees to change. This has forced the human resources department to innovate its communication and management methods to suit the times.
The evolution of the recent HR functions/roles
- HR is increasingly involved in strategic planning and alignment of activities in talent management, task allocation, training, development, and succession planning. In addition, HR now also has a role in employee engagement and promoting a positive working environment to attract and retain talent.