HRDM in the Changing Scenario

Abstract

Human capital or manpower resources of a company can be treated as that company’s resources. Manpower is the most essential and indispensable resource of any organization. Appropriate human resources, no business leaders are challenged to build dynamic, entrepreneurial and truly global organization in pursuit of excellence. The global trends of HRM are shaped by competitive downsizing outsourcing and more diverse workforce. In New Era India has taken wide strides since 1991 by embarking upon planned economy and industrial development. Objectives consist that to provide a comprehensive frame work and methods for the development of HR in an organization. Impact of change includes that the without the technology. We cannot think of knowledge of management. There is direct link between globalization and IT. i.e. globalization of production and financial marketed FDI together globalization and IT crush time and space. The New Scenario trends are rapid changes in technology, globalization TQM, HRD manager and overall business environment HRD perspectives planning includes that HRD philosophy at top level, appointing expert HR manager, planning of HR recruitment, selection, replacement etc; effective communication , executive compensation plan , training and educating , counseling ,cordial industrial relation, Evaluation and Appraisal System, employee welfare occupational Health & safety. Recommended that of HRD must be much more sophisticated that their predecessors (farmer holders) in the area of globalization initial training for new employees and advanced and specialized training for the experienced and skilled co-ordination among workers and employees. Counseling skills of executives. Lastly concludes that HR function faces a large number of challenges for this purpose how they acquired, motivated and retained in organization. So HRM should follow the recent trends in order to improve the overall organizational culture.