Professional Documents
Culture Documents
4. Briefly discuss and illustrate each of the important trends influencing human resource
Management.
Trends Shaping Human Resource Management
Globalization: The tendency of firms to extend their sales, ownership, and/or
manufacturing to new markets abroad.
Indebtedness (Leverage) and Deregulation
Technological Trends
Trends in the Nature of Work
o Trends in the Nature of Work
o SERVICE JOBS
o KNOWLEDGE WORK AND HUMAN CAPITAL
Workforce and Demographic Trends
o DEMOGRAPHIC TRENDS
o GENERATION Y
o RETIREES
o NONTRADITIONAL WORKERS
o WORKERS FROM ABROAD
Economic Challenges and Trends
THE NEW HUMAN RESOURCE MANAGERS
Human Resource Management Yesterday and Today
They Focus More on Strategic, Big Picture Issues
They Use New Ways to Provide Transactional Services
They Take an Integrated, Talent Management Approach to Managing Human Resources
o They Manage Ethics
o They Manage Employee Engagement
o They Measure HR Performance and Results