How can HR influence firm performance? How can HR cope with workplace changes and trends?

? What are HR strategies that help a firm achieve competitive advantage?

challenges

Managing Change: organizations are going Global managing the change in the organization how to make people acquainted with the changes.

Work Culture: Due to acquisition and mergers taking place It becomes important for the HR Manager to develop the work culture.
Ethics and Values: In the times when we are getting more professional and narcissist, it is very important to have Ethics and values to be in place In the long run it decides the sustainability of the organization.

Contd
Managing low attrition rate: More competition adds to high attrition. Now here is the opportunity for the HR manager to play safe & introduce good retention strategies. Balancing work and personal life: Huge responsibility is on the shoulder of an HR Manager to create a balance between the work life & personal life by flexi work hours, paternity leaves( Yes it is what most companies are starting) vacations are some of the options in hand. Stress and Conflict: Long working hours, target pressures, high competition It is the duty of an HR Manager to have proper responses to the stress and conflict before it causes damage to someone's' personality.

Consultative approach: Developing continuous dialogue, open communication, participative decision making . It is an HR Manager who can facilitate such approach to procure participative and democratic culture. Restructuring Organization: As the trend is changing so the organization structure. The organization are getting more flatter and simpler. Globalization: Companies are going global due to which the workforce diversity is increasing. Managing these people with different religious, cultural, moral background is a challenging task

 Key HR Challenges for Todays Managers: Environmental

Rapid change Workforce diversity Globalization Internet revolution Legislation Evolving work and family roles Skill Shortages Rise of the service sector

Key HR Challenges for todays Managers: Organizational

Competitive Position: Cost, Quality, distinctive capabilities Decentralization Downsizing Organizational restructuring Self-managed work teams Small business growth Technology Outsourcing

Key HR Challenges for Todays Managers: Cultural

Basic assumptions and beliefs shared by members of an organization. Rules, Norms Behaviors Philosophy Dominant values Feelings or Climate

Key HR Challenges for Todays Managers: Individual

Matching people and organizations Ethical dilemmas Social responsibility Productivity Empowerment Brain drain Job insecurity

Challenge in Talent Retention

What you should develop.

Negotiator User Friendly Psychologist Innovative thinker Adviser Educational skill Communication skill Executive skill Human skill Leadership Skill Decision skill Free from bias

10 Important Qualities of HR

Ten Qualities of Successful HR

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Dream Big Think Outside the Box. Learn from failures. Create and Seize opportunities. Never Give up. Take Up responsibility. Take calculated risk. Solution focused. Review and Celebrate successes, Even small ones. Ask the Right questions.

The smallest seed of faith is better than the largest fruit of happiness.

-Henry David

Do not be angry that you cannot make others as you wish them to be since you can not make yourself as you wish to be.

 You listen to what your customers want and act on what they say. Good things happen when you pay attention.
-John F. Smith

 People dont waste time. They just spend it on things they dont need to do.