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Hr Roles And Responsibilities

HR Roles and Responsibilities Paper

In recent years the role of Resources has changed. These changes have been influenced by globalization, ethics, diversity, technology, as well as electronic commercialization. This is a closer look to each one of these influences to Human Resources.
Globalization
Globalization poses distinctive HRM challenges to businesses, especially those operating across national boundaries as multinational or global enterprises. Global business is characterized by the free flow of human and financial resources especially in the developed economies. This accentuates the need to manage human resources effectively to gain competitive advantage in the global market place.
Technology
In today's competitive business environment, company workforces are looking for skills that fulfill job requirements as well as the regulatory environment. Business atmosphere and requirements change at such a rapid pace that the staff needs of tomorrow are very different to those of today. HR has therefore become a huge investment for companies across industries, with employee-related costs averaging over 60 percent of total corporate expenditures. Companies have been taking steps to ensure that they extract maximum value from their HR investments, introducing models that go beyond basic HR functionality to embrace new ways of improving the quality, efficiency and productivity of their workforces.
These businesses recognize that, to be fully effective, HR programs require new processes, supported by leading technologies. For these companies, the HR department, focusing predominantly on basic administrative, record-keeping and transactional duties, is a thing of the past. Businesses now realize that a strong foundation of information about individuals is a highly valuable organizational resource that can be used to drive efficiencies throughout the business. The information that sits inside the HR department is being made available for effective use...