Human Resource

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Category: Business and Industry

Date Submitted: 08/23/2012 12:39 AM

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1. ‘Regardless of their industry, size or location, today’s organizations are faced with five critical challenges viz ; Globalization, Profitability through growth, Technology, Intellectual capital and Change, Change and more Change. Collectively these challenges require organizations to build new capabilities.’

Critically comment on the above statements with respect to your experiences with the organization you have been working for/known to you. Give relevant details of the organization you are referring to.

Solution : Modern organizational setting is characterized by constant changing relation to environmental factors and human resources. As regard to the environmental factors, we find changes in the operating organizational structure, the network of the working procedures, customs on norms and the economic, political and the social patterns in which organizations exist. Moreover, there is a constant change in human resources, the individuals are employed daily with new creativity, ideas and experiences, while the existing workforce is also continuously changing their ideas, attitudes and even values.

These two dimensions reveal the following trends.

• Increased complexity of the organizations, employment and a clear hierarchy of owners, managers and workers.

• Increased the number of employers, self-employed and enlarged size of workforce.

• Enhance the need of training in view of increased requirements of specialized skills.

• Public interventions and legal complications in employee and employer relationships.

• Enhanced training and development of managers and professionalisation of management education.

• Possibility of employment explosion in view of ever increasing size of workforce.

• Rising the formal level of education of rank and file employees who becoming increasingly critical of management malpractice and errors.

• Rank and file employees rapidly growing demands in different employment situations.

• Recognizing of close...