The transformation of HRM has been driven by social factors like globalization, workforce diversity, and changing employee expectations, as well as economic factors such as market competition, talent shortages, and technological advancements.
HR has evolved from an administrative function to a strategic business partner, focusing on:
- Global Talent Resourcing & Mobility – Managing international workforce deployment.
- Data-Driven HR – Using analytics for workforce planning and decision-making.
- Employee Experience & Well-Being – Enhancing engagement and workplace culture.
- Learning & Development – Upskilling employees to meet business needs.
This shift has positioned HR as a key player in aligning talent strategy with business objectives, ensuring companies remain competitive in a globalized economy.