Social and Economic Reasons for HRM Transition
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Globalisation – Businesses are expanding into emerging markets, requiring global workforce strategies.
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Talent Shortage – Scarcity of skilled professionals pushes firms to deploy talent globally.
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Increased Competition – Rapid change and global competition require agile HR practices.
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Cultural Shifts – Diverse, borderless workplaces need new leadership and flexible structures.
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Technology – Growth in HR tech and analytics is transforming how HR operates.
Evolution of HR Functions/Roles
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Strategic Partner – HR is now involved in business planning, not just admin tasks.
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Global Talent Resourcing – HR manages talent globally, aligning with business needs.
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Integrated Functions – Talent acquisition, development, and mobility are now connected.