Essay on Human Resource Challenges of the 21st Century
HUMAN RESOURCE CHALLENGES
With the 21st century in motion human resource management will face some of the old struggles and HR …show more content…
Generation Xers are looking for freedom from supervision and individuality. Similarly, Generation Yers are seeking independence and employee empowerment. With Baby Boomers entering retirement and the younger generations entering the workforce it makes it difficult for human resource management to recruit and retain talented employees in the 21st century.
Globalization. As we enter into the 21st century global business is becoming more prevalent, causing globalization to be a leading challenge for human resource management. Globalization has brought nations from all over the world together into one community interconnected by advanced communications technology, the virtual office. This emphasizes the need to manage human resources effectively to gain a competitive advantage. Furthermore, as businesses cross multinational boundaries HRM will face challenges of managing people with different religious, cultural, and