The report points about some social and economical changes in the work environment. Changes are happening in shifts towards emerging markets, a multinational environment, boarderless workplaces and even more need for specialized employees. In addition the competition for talent increased and the style of leadership changed over the few past years.
In order to that, the HRM has to tackle those challenges and has to to transform into a unit that is agile enough to handle the new situations. Some companies want to revolutionize their HR function in order to the changes. HR wants to promote the idea of global mindsets and leadership according to the global change towards emerging markets. They also want to implement talent acquisition expertise to hire new specialists. Investing in the latest HR technology should help them to identify the needs in the company and also the most suitable employee for a specific position. Employees provided with specific training hours for a better response to the fast changes.