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HRM future trends

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HRM future trends
FUTURE PROSPECTS OF HUMAN RESOURCE MANAGEMENT IN INDIA

ACADEMIC YEAR: 2010-2011
SUBJECT: human resources
COLLEGE: BHAVANS

Index

No.
Contents
Page no
1.
Introduction
5
2.
Evolution of HRM in India
6
3.
Indian HRM in transition
7
4.
Functions and activities of HRM
10
5.
Changes in HRM
11
6.
Challenges of HRM
12
7.
HR managers should do the following things to ensure success
14
8.
HR managers today are focusing attention on the following
15
9.
Human resource management: Futuristic vision
15
10.
HR jobs of the future
16
11.
Current trends in HRM
17
12.
RELIANCE INFRASTUCTURE
19
13.
Conclusion
25
14.
Bibliography
26

INTRODUCTION

Taking a look at the world of human beings is a rewarding experience. Today, in any organization humans are treated as precious resource. They are called as assets of the organization as they bring success & prosperity. Human resource deals with human resources employed in a business unit. It is an approach to the management of people in an organization.

HRM is relatively a new term for what was called as personnel management. HRM is that aspect of total business management which deals with human relationships within an organization. It represents human resource which is different from material resources. It is rightly said that organizations are not mere bricks, mortar, machineries or inventories. They are people. It is the people who staff & manage organization. Human resource is the most productive & versatile. In addition, the manpower in an organization needs human treatment. Employees have the capacity to feel, think & even to react. Management has to deal with the employees in a careful & tactful manner.

According to Peter Drucker, “The prosperity of any business depends upon the performance of its managers of tomorrow “. This suggests the importance of manpower planning & development. The material resources alone will not help the organization to achieve

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