Globalization and emerging markets have compelled many businesses to expand their organization internationally. This means that HRM now must handle a diverse workforce and prepare global mobility. Tech advancements especially regarding automation and AI have changed traditional HR tasks like recruitment, performance management to be more data driven using analytics.
Businesses move toward knowledge-based economies and as a result, talent acquisition and continuous development/improvement for employee skills are a key strategy for HR. The growing competition for work talent forces organizations to prioritize their employer branding, engagement and compensation.
Labor laws, corporate compliance and political situations have increased HR's role in legal risk management and data protection. Furthermore, as the topic of mental health is explored and more well understood, HR also covers the responsibility to look after employees through mental health support.