Challenges and Emerging Trends in Human Resource Management

Abstract

The paradigm shift in managing the living assets of organizations has witnessed a revolution in the past three decades. Human-Resources (HR) professionals now strive for corroborating the decisive capabilities driving business excellence. This trend signals a transformation in the way HR contributes to organizational objectives. This instrumental change points out an integration of the new with the old. This paper traces the evolution and genesis of HR outsourcing and its variation overtime. Further it enumerates factors which compel organizations to opt for outsourcing the HR function, implications it has on facets of business. Lastly it illustrates successful HRO deals worldwide.