Question

What five emerging issues you think are critical for HR and a company to address? How does HR assess these issues when they are in flux? How does HR attempt to resolve emerging issues and know the resolutions are successful?

Answer 1

Five topmost issues that companies and HR are facing today.

1. Leadership and skills development. Without a highly qualified team of employees, no company could survive the rigors market. HR must devise a plan to develop leadership and other skills of their workforce, and nurture internal talent since getting employees with these qualities is quite difficult in today's world.
2. Develop collaborative culture towards innovation and teamwork. HR has to develop a work culture that promotes team performance through enhanced collaboration. finding creative and innovative people is hard and retaining them is harder.
3. Performance review and linked pay. Nowadays companies are shifting from annual review to Continuous performance management.
4. Use of data analytics to improve HR-related decisions. This is a strategic challenge which offers a huge potential for every big organization.

HR can use data analytics to study and develop strategies to counter the above issues when they in flux. In fact, big data and machine learning could be successfully employed to solve ever-changing human and social issues in HR.

Observing and studying the indicators of HR such as Employee Turnover, Employee Productivity and Efficiency and cost incurred in hiring, retaining, training and other measures could give an ample look inside whether these resolutions have some degree of success.