The human resource management (HRM) transition is primarily driven by social changes such as an increasingly diverse workforce, rising employee expectations for work-life balance, and a growing focus on corporate culture.
Evolution of HR Functions/Roles
1. From Administrative to Strategic Role: HR has developed from a purely administrative function to a strategic partner in business planning, aligning HR strategies with organizational aims
2. Employee Experience Focus: There's increased prominence on employee involvement and well-being, recognizing the impact of morale on productivity.
3. Data-Driven Decision-Making: The use of analytics in HR has become common for informed decision-making regarding recruitment, performance management, and workforce planning.
4. Talent Management: A shift towards proactive talent acquisition and development to build a labor force capable of adapting to change.
5. Diversity and Inclusion: HR now plays a crucial role in advancing a diverse and inclusive workplace, improving innovation and employee satisfaction.