The population of the world is increasing rapidly and so is the influence of the technology on the population is increasing. Technology is changing every facet of the human life. It has evolved rapidly in the past few decades and has left an influence on every field of the walk. The population is also increasing at a very fast pace. This year more than 150 million newborn will witness the changing trends of this earth. They all will be under the influence of the technology as well. Even it is not possible to record their births without using sophisticated electronic records. The massive increase in population and the use of technology has many implications for human resource management
Need of Diversity
The population of Asia particularly India and China is increasing at a much faster rate as compared to the population of the west and developed countries. Therefore, the number of skilled workers in Asia is increasing. The talent in these countries is increasing much more as compared to the western countries. For example, out of total population of china 25 percent people have the highest IQs. This number is equal to the total population of America. This has raised the concerns of the human resource managers in the developed western countries. They need to consider diversity in their workforce and need to hire from the diverse talent of the Asia (Thomas, 2004)
Decreased Job Satisfaction
According to department of labor, the job switching behavior among the workforce is increasing. 25 percent workers have quit their job with in the first year and only 1 in 2 has stayed with the current employer for more than 5 years. People switch jobs as the competition is increasing. Workers are offered competitive jobs with more benefits; therefore they keep on changing jobs. This has raised the concerns for the human resource departments of the large and small firms. They have to consider thoroughly all the benefit practices, bonuses and work related elements so that the employee satisfaction can be increased. Satisfied employees stay longer with the organizations and are more productive.
The technological advancements have created many new jobs. The jobs which are in demand now did not exist in the past. The advancements have created many new jobs and business operations. For example, the dot com revolution has transformed many brick and mortar businesses to online networks. The staff requirements are changing. The human resource managers have to hire for technical experts, web developers, network analysts, troubleshooters. All the business activities are moving to online networks like marketing, advertising and supply chain management. To cope up with these advancements, human resource personnel should be well equipped with the modern technological knowledge so that they can be efficient in their activities. Moreover, now all the four generations are working in the offices in this era. The traditionalists and boomers have little knowledge of modern technology. Their ways of working are becoming obsolete but they have a lot of knowledge and expertise. There is a communication lapse between the modern generation and old generations at workplaces. Therefore, it is responsibility of human resource department to organize on job trainings to equip traditionalist and boomer with the newer communication medium so that expertise and knowledge can be transformed efficiently to the modern generations (Hoque, 2013)
The Social media and internet has gained much popularity in the recent years and a lot of people have their presence on the social media websites. Moreover, more and more people are going online. This trend is more prevalent in young people as compared to the old people. The organization should use these online platforms to communicate with the employees. The organizations should have efficient online network for communication within and outside the organization. The human resource department should have the efficient communication with other strategic units of the organization to perform the strategic role in efficient way. The role of human resource is not limited to hiring and firing only rather it is most important strategic part of the organization. The efficient strategies can be made only if it is in communication with the other units of organization utilizing modern communication modes (Hoque, 2013)
The crux of the whole matter is that the changing trends have changed the course of modern business and human resource department being the most important strategic part in the organizations is not out of influence of the modern trends. No matter the population is increasing or technology is changing wherever business is concerned human resource is concerned. All the advancements have implications for human resource management. The successful managers keep an eye on the world outside so that they can outperform in their organizations.
- Thomas, D. A. (2004). Diversity as strategy. Harvard business review, 82(9), 98-98.
- Hoque, K. (2013). Human resource management in the hotel industry: Strategy, innovation and performance. Routledge.