THE CHANGING FACE OF HR

PROF MURUGAN KANDASWAMY

SRM INSTITUTE OF SCIENCE
AND TECHNOLOHY
 Resource VS Capital
01
 Res vs Cap

HCM
02
 What is HCM
 Difference between HCM & HRM.

HR Trends in 2021
03
 Upcoming trends 2021

CONTENT 04
HR Skills for the future

Style  What skills could make you

survive
 USED

What is a Resource??????????
 GROWN

What is a Capital??????????
 As an Employee….How would you like to be
considered a Resource or a capital??????????
As an Employee….How do you think you are
considered??????????
IS HR MANAGEMENT enough for
sustaining Development?
Definitely Not
We are not part of a Production Economy
WE ARE IN A
KNOWLEDGE
ECONOMY
 So what is Human
Capital Management
Work………..Worker…….Workplace
 HUMAN RESOURCE MANAGEMENT
01
 Focuses on core administration

HUMAN CAPITAL
02 MANAGEMENT
 Includes HRM Functions such as analytics and

Difference - HRM Performance Management

& HCM  Maximize the ROI of the people in the

organization
 THERE ARE DIFFERENT LAYERS, DIFFERENT
ANGLES/PERSPECTIVES TO SOLVE PROBLEMS
To Align To The Human
Optimize Capital

So what is
Human Capital Management?
You would have
probably heard
people say, Our
employees are
our greatest asset
 WHY
Human Capital Management?

The Organizations workforce is its greatest asset

The cost of the workforce is the greatest asset

Talent Acquisition

Core
Aspects Talent Management

Talent Optimization
DIGITAL
SKILLS
THANK
YOU