The criticality of superior human resource management policies and practices-especially in the emerging knowledge driven global economy-can be hardly overemphasized. Knowledge resource has become a vital asset in most organizations, and therefore, attracting, retaining, developing and effectively utilizing human talent has a direct impact on profitability and growth. Human Resource Management is increasingly becoming Human Talent Management.
In the contemporary and rapidly changing business environment, the firms are competing not only for a larger share of the market, but also for high quality human talent.
In order to meet the challenges of human resource management, several new approaches and techniques have been developed to improve processes like recruitment and appraisal. Work teams have become essential part of the way business is done. Organization culture, team performance, cultural sensitivity, organization structure, systems, processes and technology have considerable impact on the new generation knowledge workers.
This book titled "Human Resource Management in Global Scenario" deals with five basic objectives which form the conceptual framework of the book as under:
First, need for integration of HR Strategy with organization strategies. Second, thrust on investment in people which is valuable for competitive edge. Third, focus on acquiring, developing and retention of talented managers which are not available to competitors. Fourth, understanding emerging challenges in HR and fast transforming HR philosophy and practices to adopt to changing environment. Fifth, the fundamental aim of HRM is to generate strategic capability for adding value to the organization.
This book covers all major concepts and approaches, contemporary as well as emerging developments in Human Resource field. In addition at the start of each chapter, details of topics covered are mentioned to facilitate the readers. At the end of each chapter summary highlights are given. Students of management and commerce courses, faculties as well as practicing managers will find it a very informative and useful compendium for learning about fastest developments in HRM. |
