Emerging geographical markets, globalisation and increased competition are the social and economic reasons that brought about the recent transitions in HRM.
There are several ways companies can drive the transition to more business-centric HR capabilities which was part of evolution of the recent HR functions/roles.
• Transition to a more agile organization with a flat, transparent and integrated talent strategy.
• Continued development provides transparent global talent mobility.
• Show global leadership and promote global thinking.
• Globally integrate human resources practices, policies and approaches.
• Promote vocational and career specialization.
• Integrate talent acquisition and talent management.
• Invest in HR technology.
• Use analytics to understand global talent issues.
• Provide HR with training and skills to maximize opportunities.