Evolution of HRM in the 21st Century

HRM Assessment 2

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
HRMe abstract should begin with a brief but precise statement of the problem or issue,
followed by a description of the research method and design, the major findings, and the
conclu evolution...........................................................................................................................3
ANALYSIS......................................................................................................................................4
Importance of HRM in 21st century............................................................................................4
Evolution of HRM through varies stages.....................................................................................5
RECOMMENDATIONS.................................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Human resource can be defined as a group of people or important department of
companies that deals with hiring, administration as well as training of employees. Nowadays, HR
is mainly responsible for managing relation of employees, benefits and career development by
which they can help company in meeting goals (Ahammad, Glaister and Gomes, 2020). This
present study of HRM is going to discuss revolution of HRM as how HRM has been changed
over the last 10 years. It will discuss reasons as why several changes have been made in HRM
and one of the main reasons of changes is technology and globalization. It will further discuss
several importances or benefits of HRM in 21st century. Some benefits that this study will show
in this study include: development of skills and abilities among employees for taking competitive
advantages, improving image of the company, improving overall productivity and others. All
functions of HR such as recruitment, selection, training and development, motivation, rewards
management have been changed in this last 10 years and such changes are having some positive
impacts on performance of companies. The main aim of conducting this study is to make
companies and people aware about changes and difference between HRM in ancient era and
HRM in this modern era. For accomplishing this goal, this study will discuss some major trends
that have been changed to the great extent such as: technology, employees priorities, training
systems and others.
HRMe abstract should begin with a brief but precise statement of the problem or issue, followed
by a description of the research method and design, the major findings, and the conclu
evolution
Human resource that is considered as one of the important functional department of any
organization, it can be said that it plays several roles. Function of HR starts with recruitment and
selection and ends to retention of employees within company. Managing people in organizations
or at workplace started at the time of industrial revolution in the late 18th century. In the late
century, only few large organizations had HR. At that time, people were managed and treated as
slaves (Helfat, 2017). Companies that purchases slaves at that time had a complete control; and
they had to do variety of arduous work such as: carrying loads, construction of buildings, rowing
ships and others. They were treated as like a normal resource of the company. But with the
changing nature and increasing use of technology, HR has been changed to the great extent.