The Future of HR: Innovation. Management Assignment.

The Future of HR: Innovation
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The Future of HR: Innovation
Human resource management is a critical function within an organization that focuses on recruiting, managing, and providing direction to its employees. According to Johnson and Guetal (2011), human resource professionals can contribute to attaining future organizational goals. Human resource management has encountered significant changes over the years, and the next generation will expedite changes of similar magnitude. The contemporary world has become complex while everchanging megatrends shift the context of the workforce. Therefore, human resource management will realize changes in employees’ type and their goals in the workplace. Although modern technology has resulted in significant improvement in human resources management, it reduces workers’ overall number. Technology has been one of the aspects of enhancing effective human resource management through critical innovations.
In the contemporary world, globalization has resulted in a significant influence on human resource functioning execution. Johnson and Guetal (2011) postulate that the expanding scope of global competition has resulted in a continuous reassessment of ways that human resources can support the pace of business globalization. The incorporation of modern technology is one of the critical aspects of globalization. For instance, the iPhone and iPad innovation has expedited the exchange of ideas among people in different parts of the world. Therefore, technology will be a crucial determinant of future improvements in human resources management. Equally, the future of human resource management will entail hiring skilled employees to incorporate modern technology in various operations, such as keeping records. The emergence of the web has expedited the effective management of employees through portals and websites.
Human resource management plays a critical role in business operations since it involves managing people, workplace culture, and the environment. Human resource professionals play a crucial role in expediting organizational transformation based on the increased demand for globalization and technological aspects. Since millennials dominate in the workplace, they are familiar with emerging technologies (Macke & Genari, 2019). The group has a significant influence on the changing business dynamics and ways of executing business operations. Notably, workplace culture is a critical parameter in keeping the millennials from finding opportunities in other companies. Positive workplace culture can enhance innovation, collaboration, and overall success in a business. Millennials believe that work is likely to bring a sense of fulfillment and joy. Therefore, human resource executives must formulate ways of motivating them towards the attainment of set goals.
Currently, human resource managers have invented new policies and standards to retain the employees’ base. The era of annual reviews of employees’ performance has declined since most employers opt for systems that require feedback on the progress of employees. Most companies adopt modern forms of technology in conducting reviews on employees’ performance an...