Pages: 72-81
Date of Publication: 01-Mar-2015
EMERGING SCENARIO IN HRM OF CORPORATE SECTOR
Author: Asst. Prof. NEELAM KAPOOR*
Category: Engineering, Science and Mathematics
Abstract:
Since 1990, viewpoint of management towards its employees, began to change, role __ampersandsignamp; contribution of human resources as a talent pool also become so vital that most of organization started to focus their vision __ampersandsignamp; mission on the people who work for them. The role __ampersandsignamp; responsibilities of human resource management are transforming due to change in govt. policies, unions, labor legislations __ampersandsignamp; technology. Now organizations need to place greater emphasis on attracting human capital rather than financial capital Companies having the ability to foresee the business needs with their workforce needs will gain the decisive competitive advantage. This paper attempts to know the functions performed by HRM in corporate sector, role of HRM in current scenario, future challenges before managers and the emerging HR trends in India.
Keywords: Human Resource Management, Globalization, Liberalization, Organization.
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