Human Resource Management System: Challenges and Opportunities

Abstract

Human resource management (HRM) is adopted by many corporate because of its advantages. But at the same time it faces many challenges. The managers today face a whole new array of changes like globalization, technological advances and changes in political and legal environment. This has lead to a paradigm shift in the of roles professional personnel. The great challenge of HRM is to attract, retain and nurture talented employees. This paper analysis the various challenges which are emerging in the field of HRM. This paper also analysis how to overcome with these challenges. These challenges can overcome through cross cultural training, technological and informational training of HR people and motivation of employees through various techniques