Trends and Challenges in HRD

Human resources development or HRD is very important in today’s corporate environment. Management’s support for HRD increases motivation and brings about enhanced productivity among regular and non-regular employees. Redundancies have resulted in rising unemployment and this has resulted in the rise of HRD being imparted by vocational training agencies and schools. In performance-based systems, workplaces focus on short-term results and neglect employee training. To prevent this, a performance-based wage and treatment system should be implemented by setting performance goals in terms of training of subordinates or one’s own HRD.

In the ultimate analysis, HRD is about how people are treated and its relevance increases where an enterprise takes a long-term view, rather than a short-term one, of what it wants to achieve . The importance of human resources management or HRM in achieving management objectives is reflected in the transformation of the personnel management function, which has changed its perspective from employee welfare to managing people to obtain the best and highest productivity possible, through methods that provide both intrinsic and extrinsic rewards .

Changes in industrial relations or IR practices such as increased collective bargaining at enterprise level, flexibility in relation to forms of employment as well as in relation to working time and job functions are the result of heightened competition, rapid changes in products and processes and the increasing importance of skills, quality and productivity. Improved quality and productivity linked to motivation can be achieved through training, employee involvement and extrinsic and intrinsic rewards. Building strong cultures promotes organizational goals, and brings about unity between management and employees.

However, rapid change due to market conditions is sometimes difficult to achieve in an organization with a strong culture. IBM found it difficult to change in time, when the market required a change in product and service from mainframe, customized systems to personal computers. The attitude that people are a variable cost is replaced by the view that people are a resource and that can be developed and can contribute to the competitive advantage. In the future managements will rely on HRM to enhance enterprise competitiveness. HRM has a strategic role and is a means for achieving management objectives.

The trends and challenges of the future are the rising cost of health care, which threatens to affect U. S. economic competitiveness. Global competitiveness has brought about outsourcing which reduces costs dramatically, but increases domestic unemployment it highlights the economic disadvantage of increased health care costs in the United States as compared to other countries, such as India and China the mainstays of outsourcing. It is also creating the need to get as much value as possible from fewer employees, leading to a growing focus on productivity.

Overall, global competitiveness is a very important trend in 2006. In the USA the large numbers of baby boomers slated to retire around the same time leading to the loss of a large proportion of workers further encourages outsourcing. In conclusion it can be stated that there is a clear indication of a potential rise in employees’ feelings of insecurity through more intense global competition for jobs, more individuals without access to health insurance and fears about data security and identity theft and the vulnerability of technology to attack or disaster.

These are the trends that could lead to a reexamination of the relationship between employers and employees, especially employer obligations to provide benefits such as health coverage and pensions, as well as the importance of feeling safe and secure to employee job satisfaction. These issues that human resource professionals identify as having a potentially significant impact on the workplace and on the HR profession illustrate the multitude of factors that have a bearing on the working world. This poses a daunting challenge while planning for the future.

HR professionals true to form have made significant progress in responding to many of these trends. For example, many HR professionals have implemented succession planning in order to prepare for the loss of organizational leaders. Nevertheless, many of the challenges posed by the broader trends are just beginning to be addressed by organizations. Some of the most urgent trends are rising health care costs and outsourcing of jobs resulting in unemployment or underemployment as has already been discussed.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyStudyWriters
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Criminal Justice
The paper was not accused of plagiarism and was written very well. I will let you know the grade once it is graded. Thank you
Customer 452671, April 26th, 2021
Business and administrative studies
Excellent work ,always done early
Customer 452773, February 21st, 2023
Thank you!!! I received my order in record timing.
Customer 452551, February 9th, 2021
Social Work and Human Services
Great work I would love to continue working with this writer thought out the 11 week course.
Customer 452667, May 30th, 2021
Business and administrative studies
Thank you for your hard work and help
Customer 452773, February 21st, 2023
Impressive writing
Customer 452547, February 6th, 2021
thank you so much
Customer 452749, June 10th, 2021
Great job
Customer 452773, February 13th, 2023
Business and administrative studies
Excellent job
Customer 452773, March 9th, 2023
Business and administrative studies
Thank you
Customer 452773, March 19th, 2023
English 101
great summery in terms of the time given. it lacks a bit of clarity but otherwise perfect.
Customer 452747, June 9th, 2021
Thank you!
Customer 452545, February 6th, 2021
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes



eskişehir eskort



eskişehir eskort

Live ChatWhatsApp