Future prediction is a difficult process we needto analyze past and current situation of doing business. There are differentchallenges in future of HR Four major factors are impacting and will continueto impact, organization and shaping the future of work.Globalization:It is clear that the world will becomeincreasingly connected over the next 10 to 20 years as the flow of products,services, talent, and knowledge continues apace across developed and developingcountries. To compete and survive, a growing number of companies will intensifytheir efforts to explore new market opportunities and develop businesscapabilities to take advantage of these markets, while continuing to grow inmore established venues.
Implicationsfor HR: Companies willincreasingly depend on building organizational and employee agility rather thanrelying on periodic change initiatives. They will find it necessary to developthe capacity to attract, develop and retain topnotch talent in emerging marketsTechnology:Technology enables employees at all levels towork virtually while easily collaborating and sharing ideas not only with eachother but also with outsiders. Continued advancements in globalization andtechnology increasingly turn work into a 24/7 reality which blurs the linesbetween work and non-work lives and increases the pressures and stress onemployees sometimes with unfortunate consequences for their physical and emotional well-being.Implicationfor HR: In a world ofincreasingly advanced technologies, where the nature of work changes with greatfrequency, traditional approaches to filling jobs internally will give way tomore systematic and decentralized approaches to matching talent to work andwork to talent. As work is redefined and talent flow increase, new primarilyonline approaches to employee development will become necessary to ensure thatrequisite hard and soft skills are kept current. New technology of data science has big impact ontalent acquisition.
We can easily find skilled workforce from Big data throughdata science by using data mining. Right man on right job on right time.