CHALLENGES OF HRM

Challenges of HRM
Globalization
the trend towards opening up foreign markets to
international trade and investment.

Impact of globalization
Partnership with foreign firms.
anything ,anywhere , and anytime markets
Lower trade and tariff barriers

 Advancement of Technology :
Information Technology
Generating new workforce
Knowledge workers :workers whose responsibilities extend
beyond the physical execution of work to include planning,
decision making, and problem solving.
Just-in-time Learning.

 HRIS Human Resource Information System

(E-HR)
Computerized systems that provides current and
accurate data for purposes of control and
decision making.
Benefits :
Store and retrieve of large quantities of data.
Combine and reconfigure data to create new
information.
Easier communications.
Lower administrative cost & increase
productivity.

 Containing the cost

Ways of reducing the costs are
DOWNSIZING : Planned elimination of jobs.
Disadvantages are lowering down the morale of the
people ,increase labour turnover , absenteeism
increases.
OFFSHORING :planned transfer of jobs to another
location in some other country.
OUTSOURCING
EMPLOYEE LEASING