Challenges faced by HRM in VUCA

World

By: LT-7
 Presentation by
◇ Ayushi Khandelwal: presenter ( Intro, objective,
challenges and Globalization)
◇ Kushgra Gupta: Presenter (Containing Cost and
demographic, gender and diversity)
◇ Amit Singh : presenter (Managing Human
Capital)
◇ Shivam Chaurasia: Presenter ( Managing
Changes)
◇ Debal Ghosh: presenter ( technology,
Contemporary and Ethical Issue)
◇ Surabhi Singh: presenter and PPT creator
( Case study, Survey and Conclusion)

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 Objective
The objective of this presentation is to discuss the challenges
faced by Human Resource Management and impact of it.

Competitive Challenges Human Resource Function Employee Concerns

 Globalization
 Technology
 Managing Changes
 Human Capital
 Responsiveness
 Cost of Containment
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 Planning
 Recruitments
 Selection
 Job designing
 Training and
Development
 Performance
Management
 Employee Engagement
 Compensation
 Employee Exit
 Social Diversity
 Age
 Gender biasness
 Educational level
 Employee rights
 Privacy issue
 Work Attitude
 Family Concerns
 Challenges
The human resource management
challenges could be broadly classified
into following categories
1. Globalization
2. Containing Cost
3. Developing Human Capital
4. Demographic, gender and Age Diversity
5. Managing change
6. Technology

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 Globalization
Challenges Solutions
 Greater competition so more Managing Cultural
pressure on small industries Diversity
HR for sustenance  Managing Expatriates

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 Understanding other ( non- natives)
cultures and histories  Difference in the
 Understanding of global Employment Laws
business and industry  Managing Outsourcing of
 Willingness to adapt, learn employees
 Managing virtual
and cope with other cultures
 Ability to connect with employees
people from other parts of  Coping with flexible
the world working hours
 Evolution of more part-
time and temporary work
(especially among
** Globalization in organizations has lead
women, to
the elderly and
development of International Human Resource
students)
 Containing Cost
Challenges Solution and benefits
 Pressure to cut labor  Outsourcing
cost.  Offsourcing

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 Downsizing  Economic benefits
 Furloughing  More healthcare
 Pressure to lower cost benefits to lure good
of machine, material employee
and labor multiply.  Bonus and profit
sharing
 Provision for reward
and recognition
**Employee leasing- refer to the process of dismissing
employee who are then hired by a leasing company and
contracting with that company to lease back the company
 Demographic, gender and Age
Diversity
Challenges Solution and Benefits
 Multiple generation to  Creating a culture of
be handle teamwork and respect
 Ethics and cultural will keep the work

3 difference to be handled
 The risk of lawsuits for
environment positive
and productive.
failing to protect  Implementing a diversity
employees from training program is a
harassment is real. must.
 Retaining experienced  Employer must set some
employee. standard of behavior
and make sure
employee follow them
 Developing Human Capital
Challenges Benefits and Solution
 Investing in training  Designing shorter
and skill development duration training
of lower-level employee courses and could also

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 Developing interest of assign online training
employee toward with so people can go
training. at their own pace.
 Employees on the front  Recruit managers and
lines are some of your senior leadership in
hardest workers, and mentoring their
may not have the time subordinate
to take a training employees.
course.  Assigning the skill to be
 Easy availability of learned so that
skilled workforce leads employees are ready
to more layoff. before hand and cost of
 Managing change
Challenges Solution and Benefits
 Employee to employee  Use staffing companies,
or Employee to Manager they provide hire

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Conflict handling solutions that allow you
 Inter Indsustry conflict to try out new
managent both leagal employees with little to
and General Perception no risk.
 It is always difficult to  Communication by mail
analyse whether a also in addition to the
candidate will actually verbal communication to
be a good fit. avoid task confusion
 Easy availability of
platforms to showcase
or search for required
 Requirement of Technology
Challenges Solution and Benefits
 Privacy Concern.  Easy sharing of data
 Resistance to Change.  HRIS- computarised

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 Large dependency on system leads to lowering
tools and automation for admisnitrative cost,
day to day work. increasing productivity,
 High expectation in term speeding response time,
of sofware skill from better decision making.
employee.  Operational effect
 Expensive software  Transformational effect
requirement
 Contemporary Issue and
Ethical Issue
Contemporary Issue Ethical Issue
 Generation Shift  Employment issue
 Recruitment  Cash and Incentive
 Retention and plans
rewarding  Employee
 Developing future discrimination
leader  Performance
Appraisals
 Privacy
 Safety and health
 Restructuring and
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Layoff
 Case Study On HR Practice
and Conflict Handling

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 Lets talk data!!!!
A survey in collaboration with World Federation of
personal management Association (WFPMA) was
done for various human resource related challenges.
The Survey conducted in more than 200 different
company in 35 different countries.
Key Survey question includes:
 Is there a major social, economic or political event that
has had a significant impact on the work you do?
 Which three issues in the area of human resources
represent significant challenges for you today?
 What were the top three issues you faced three years
ago?
 What do you believe will be the top three issues facing
14 you three years from now?
#
 Conclusion
As per the data, the three issue most often chosen by
Asian participants to represent a current top-three
challenges were Change management (36%),
organizational effectiveness (40%), and the success
planning (36%).
It has been observed that HR effectiveness is less of
an issue in Asian Countries where work is still not
time bounded and is more of people oriented then
task. Though with changing scenario globally and
looking at economic perspective also there is
requirement to lay more focus on skill and leadership
oriented challenges

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 Credits
Guidance by
Prof. Manisha Seth
Books referred
◇ Human Resource Management, A South-Asian Perspective by Robert L. Mathis,
John H. Jackson, Manas Ranjan Tripathi
Online Content
https://www.pwc.com/us/en/services/hr-management/library/global-hr-technology-
survey.html
https://smallbusiness.chron.com/challenges-faced-human-resource-managers-
because-technical-changes-61058
https://smallbusiness.chron.com/major-challenges-affecting-human-resources-
manager-57675
https://spiritofhr.wordpress.com/globalisation-hrm/
Site used: Your Article Library, Forbes.

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 Thank You!
Any questions?

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