Question

What are some of the future challenges for SHRM. What strategies would you suggest to address some of these challenges?

Answer 1

In the available resources, it has been observed that retention and rewarding of the best talented individual, Succession planning to develop next set of leadership and finding skilled or talented employee specially with the subject matter expertise, are some of the challenges.

Due to the improvement in the labour market in terms of skilled and talented labour, most of the organizations are finding quite impossible to attract the best of the talent pool for the employment and this is creating hurdles for making a robust employer brand by HR. Some of the keen HR professionals highlights cultures such as workplace safety, corporate social responsibility programs, work life balance, diversity initiatives etc. to attract talent. As the competition remains very strong, global relocations, benefits and compensation strategies are certain immigration policies are also getting impacted. New areas in technology front such as crowdsourcing, social networks (internally) shows commitment to remain productive and flexible but team building and usage on the virtual workforce remains difficult. With the new advanced technology in place, it has been observed the data security issues are becoming the prevalent concern for most of the firms and its employees. Importance is given to data- driven practices in many firms but this has also evolved pressure on HR for the decision making. Lastly, change in demographics and due to increase in political unrest conditions and globalization, the hiring strategies are also on stake.

In my views, some of the challenges can be overcome by offering supple work arrangements, transparency in the communication with fair and trusted culture, competitive rewards, promising career growth and opportunities and clear mission to meet organization’s objectives.