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The role of the human resources HR department is shifting and that means that the roles and responsibilities of HR professionals are changing too Increasingly complex organizational needs are placing high demands on the HR function and the ability to integrate the basic HR disciplines is essential to success HR professionals will possess a bevy of business and financial skills employers will need to make sure these talents are put to good use New HR professionals expect jobs that let them use the skills they developed both in academic programs and at previous jobs A recent symposium on the future of HR hosted by the Society for Human Resource Management confirms that challenging jobs and clear career paths are keys to attracting high-caliber students to the profession If the HR function wants to continue attracting top students HR jobs will have to be more interesting says Cappelli He recommends that organizations keep their challenging human resource projects in-house rather than sending those projects to consultants out of house HR New Breed Globalization The levels of business in globalization can effect the major international agreements on HR and the five most important international HR topics International business is no longer reserved for a few large multinational corporations Recent international developments in the passage of the North American Free Trade Agreement NAFTA formation of the European Union have led to increased overseas business for more US companies This increased activity has generated new concepts terms practices and regulations that all human resource managers should understand regardless of their organizations level of international involvement Three Levels of Globalizations National companies do not suddenly become global companies Involvement in international HRM depends greatly on a companys phase of globalization thus HR policies and programs need to coincide with that phase We have found at least three distinct phases of globalization that companies can go through each with unique international HR practices Import-export firms Firms in the first phase of
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