"Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world."(Silion, 2016)
As by the ITA Group the future HRM has to focus on below key areas:
- Strategic career development. Career development is a huge opportunity for employers. Not only because it makes your current workforce more adept at their jobs, but because it’s an effective tactic for employee recruitment and retention. Failing to intellectually challenge your team causes them to look elsewhere.
- Automation. Computers are now able to replicate processes once reserved for the human brain—a game changer for all kinds of work. By delegating tedious work to computer automation, HR professionals can dedicate more time to helping their people flourish as employees and people.
- Technology. According to the 2017 Deloitte Global Human Capital Trends study, HR isn’t just a support system—they’re now being asked to help lead the digital transformation sweeping organizations worldwide. Specifically, the report states, organizations will invest more in modern communications tools, and bring the same sense of experimentation and innovation that the tech-focused branches of their companies utilize.
- User Experience. Just as web design best practices focus on the way people view your company, the automated HR software employees interact with on a day-to-day basis should be laser-focused on ease of use and mobile-first capabilities.User Experience. Just as web design best practices focus on the way people view your company, the automated HR software employees interact with on a day-to-day basis should be laser-focused on ease of use and mobile-first capabilities.
- Transparency. As an HRExaminer article outlines, human beings need transparency, as it allows us to trust the communities and organizations we affiliate with. Smart companies will start peeling back the curtains to keep people aligned and motivated toward a common goal.
- New Regulation. The federal government has kept human resources professionals on their toes in recent months, and that shows no signs of slowing down. The changing face of healthcare, among other shifts, proves the importance of an agile HR team.
- Strategy. Human resources isn’t just about people and processes—it’s about everyone’s role in ensuring long-term growth. Strategic human resource management supports overarching business goals and outcomes by interweaving with business strategy, human capital management and overall performance. Future HRM will prove invaluable to multiple business units by taking a closer look at optimizing growth throughout their companies.
- Culture. Just as your company’s marketing team makes your company look appealing to external prospects and clients, it’s up to expert HRM professionals to make their company attractive to internal talent with an organizational culture that really resonates.
With the effect above key areas HR may enhance or step up their functioning style int he future.
References
Silicon,V.(2016).What-is-globalization? | Globalization101.[Online] Globalization101.org. Available at: http://www.globalization101.org/what-is-globalization. [Accessed on 22nd October 2018.
ITA Group. (2017). The Evolution of HR: Where It’s Been and Where It’s Going. [online] Available at: https://www.itagroup.com/insights/evolution-of-human-resources-management [Accessed 22 Oct. 2018].