The recent evolution in HRM is driven by both social and economic factors. Socially, HR has adapted to demographic shifts, diversity, and employee expectations for well-being, work-life balance, and ethical practices. Economically, globalization and digital transformation require HR to be more strategic, focusing on cost-efficiency, talent agility, and diverse employment types. The modern HR role has shifted from administrative tasks to strategic alignment with business objectives, enhancing the overall employee experience through improved benefits and personalized services, reflecting the changing workforce and global business demands.
Yes, current HR is expected to make more strategic contribution.