A THEORETICAL ANALYSIS OF NEW HRM CHALLENGES IN 21ST CENTURY

Mrs.R.Umadevi1 Mr.N.Thiagarajan2
2022 Zenodo  
Two decades ago, the globe transitioned from traditional to strategic HRM, the emphasis of HR practises also changed from merely assuring financial advantages to ensuring an increase in personal value and the welfare of the employees. The advent of the New Ways of Working (NWOW), wherein employees are no longer compelled to abide by the time and space constraints of the workspace, has fundamentally changed how HR responsibilities are carried out. Organizational psychology provided the
more » ... for the human resource management discipline, which has since emerged as a crucial management tool. With time, this practice's strategic role started to take shape. HR managers now have a difficult job because HR has developed into a crucial strategic partner in a firm. Human resource management departments are now essential to running modern firms in the twenty-first century. This article focuses in particular on how human resource management practises have changed in the twenty-first century. The purpose of this theoretical essay is to emphasise the significance of human resource management, HR practises, and the factors that influence them. In addition, this article describes the forthcoming difficulties that HR managers will have in the twenty-first century. The purpose of the literature analysis was to illustrate contemporary practises, difficulties, and developing topics in the field of human resource management.
doi:10.5281/zenodo.7266843 fatcat:vlyfqun6lbabjc2flmo6ddkyty