Do you agree that HRM is faced with several challenges in today's world? What are the steps that organizations should take to handle these challenges?

Two types of challenges are faced by HRM today.

The changing environment:

1. Work force diversity
2. Economical & Technological changes
3. Globalisation
4. Organisation Restructuring
5. Changing nature of work

Changing role of the HR manager:

1. Flatter organisation
2. Employee empowerment
3. Team work
4. Ethical management

To remain in business, human resource managers need to efficiently address following human resource challenges:

1. Handling Multicultural / Diverse Workforce
2. Managing Change
3. Retaining the Talents
4. Conflict Management

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