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How can HR influence firm
performance?
How can HR cope withworkplace changes and trends?
What are HR strategies thathelp a firm achieve competitive
advantage?
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Managing Change:
organizations are going Global
managing the change in the organization
how to make people acquainted with the changes.
Work Culture:
Due to acquisition and mergers taking place
It becomes important for the HR Manager to develop the work culture.
Ethics and Values:
In the times when we are getting more professional and narcissist,
it is very important to have Ethics and values to be in place
In the long run it decides the sustainability of the organization.
challenges
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Managing low attrition rate:
More competition adds to high attrition.
Now here is the opportunity for the HR manager to
play safe & introduce good retention strategies.
Balancing work and personal life:
Huge responsibility is on the shoulder of an HR Manager to create a balance betweenthe work life & personal life by
flexi work hours,
paternity leaves( Yes it is what most companies are starting)
vacations are some of the options in hand.
Stress and Conflict:
Long working hours,target pressures,
high competition
It is the duty of an HR Manager to have proper responses to the stress and conflictbefore it causes damage to someone's' personality.
Contd
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Consultative approach:
Developing continuous dialogue,
open communication,
participative decision making .
It is an HR Manager who can facilitate such approach to procure participative anddemocratic culture.
Restructuring Organization:
As the trend is changing so the organization structure.
The organization are getting more flatter and simpler.
Globalization:
Companies are going global due to which the workforce diversity is increasing.Managing these people with different religious, cultural, moral background is achallenging task
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Rapid change
Workforce diversity
Globalization
Internet revolution
Legislation
Evolving work and family roles
Skill Shortages
Rise of the service sector
Key HR Challenges forTodays Managers: Environmental
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Competitive Position: Cost,
Quality, distinctive capabilities
Decentralization
Downsizing Organizational restructuring
Self-managed work teams
Small business growth
Technology
Outsourcing
Key HR Challenges for
todays Managers:
Organizational
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Basic assumptions and beliefs shared by members of
an organization.
Rules, Norms
Behaviors
Philosophy
Dominant values
Feelings or Climate
Key HR Challengesfor
Todays Managers:Cultural
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Matching people and organizations
Ethical dilemmas
Social responsibility
Productivity
Empowerment
Brain drain
Job insecurity
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Challenge in Talent Retention
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Negotiator
User Friendly
Psychologist Innovative thinker
Adviser
Educational skill
Communication skill
Executive skill
Human skill Leadership Skill
Decision skill
Free from bias
What you shoulddevelop.
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10 ImportantQualities of HR
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1. Dream Big
2. Think Outside the Box.
3. Learn from failures.
4. Create and Seize opportunities.5. Never Give up.
6. Take Up responsibility.
7. Take calculated risk.
8. Solution focused.9. Review and Celebrate successes, Even small ones.
10. Ask the Right questions.
Ten Qualities of Successful HR
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