Please enable JavaScript.
Coggle requires JavaScript to display documents.
Challenges (How to compete? (vii) (Growth, Downsizing, Mergers and…
Challenges
How to compete? (vii)
Growth
Downsizing
Mergers and aquisitions
Capitalise on diverse multigenerational workforce
Use HR practices to serve short-term needs but with long-term vision
'Integrity in Action'
The Sustainability Challenge (vi)
Environmental efficiencies
High-quality products/services
Responsible and ethical practices
Develop methods and measures (metrics) for performance
Economic and social changes
3 broad themes challenging HR (viii)
HRM Depts are not well respected because of a perceived lack of competence
Many believe HRM needs to relate more closely to strategic goals
Managers are becoming more responsible for HR
The Global Challenge (vii)
Outward: Companies need a global vision
Inward: Companies need to defend their current markets
The Technology Challenge (vii)
High performance work systems
New technology
Efficient work structures and polices that support employee/technology interactions
HR
Types
Social media
e-HRM
Computer-aided manufacturing
Virtual reality
SHRM Overview