Future Challenges of HRM in U.K. Organizations: Future focus of a decade from hence

Abstract

Human Resource Management starting from the East India Company of U.K. days has challenges to face. Corporate challenges were under control for some time in the late 19th century for the HR professionals. The beginning phase of 21st century has brought many dynamic challenges for the corporate houses globally and for the developed world in particular where the life ratings are high. U.K. is such an example of the developed world which in return has enormous dynamic changes adherences. Time is changing with several factors to influence the decision making in the corporate world. Reforms are no more processes rather demands of the time in business with transformational trends which are the reformation of the existing provisions in the firms of any technology. Gone are those days of technology supremacy of the business world with availability of alternatives and indigenous price sensitive options in any part of the developed world. Trade is no more a big challenge rather the manpower is, at a stage the transformation is moving at a fast pace towards global village with partnerships from the developing and the underdeveloped world. Knowledge and knowledge providers have the edge over the current competitions in the corporate business sectors. U.K. has the deficiency of management of knowledge in the specialised industrial platforms. Role of HR in organising this portfolio is and will be a big challenge in the industrial ecosystem and the business environment. HR functions of the firms are heavily dependent on the HR consulting firms for strategic decision making and knowledge management of the ecosystem. Future packed challenges has the possibility of examination of time framed studies rather the focus of long run studies. A decade do stands substantially as the focal points of preparing and facing the HRM challenges in the business environment of U.K., a developed world.

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