HUMAN RESOURCE MANAGEMENT IN INDIA: STRATEGIC ISSUES & CHALLENGES

Dr.A.S.PRASAD

Volume : V, Issue : XI, November - 2015

HUMAN RESOURCE MANAGEMENT IN INDIA: STRATEGIC ISSUES & CHALLENGES

Dr. A. S. Prasad

Abstract :

 The purpose of this paper is to point out the strategic human resource management in India. Technology has changed everything with great extent, the methods of production, the process of recruitment, the training techniques, and new equipment etc. Now it’s up to HR personnel’s to work with their functions as shown below to best manage the workforce. In these pieces of paper we have discussed those foremost issues and challenges which are confronting today Organization. To overcome these issues and challenges the HR mangers will have to build a standard structure that allows managing all different workforce alternatives. This way the organization maintains their competitive advantages. Human Resource Management used to be considered as other conventional administrative jobs. But over a period of time, it has evolved as a strategic function to improve working environment, plan out human resources needs and strike a balance between the organization and employers in order to increase organizational productivity and meet organizational goals. Not to exaggerate but in today’s highly competitive world it has gradually become one of the most important functions of an organization. HR is a product of the human relations movement of the early 20th century, when researchers began documenting ways of creating business value through the strategic management of the workforce. The function was initially dominated by transactional work, such as payroll and benefits administration, but due to globalization, company consolidation, technological advancement, and further research, HR now focuses on strategic initiatives like mergers and acquisitions, talent management, succession planning, industrial and labor relations, and diversity and inclusion. This paper considers some of the key issues and challenges in human resource management in the Indian Context.