HR Trends and Challenges

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Human Resource Trends and Challenges � PAGE \* Arabic �14�

Human Resource Trends and Challenges

Vince Chan

Tim Johnson

Elvis Khachatryan

Shane O'Brien

MGT 431

Human Resources Management

Shaughna Vaughan

24 December 2007


Human Resource Trends and Challenges

Every job, organization and industry is going to have trends. These trends dictate the direction that the job, organization or industry is heading whether it is technology driven, psychologically driven, or financially driven. The variables that impact these trends can change very quickly, and are results of needs that are fulfilled by the trends. Some examples are personal computers, cell phones and many other technologies that allow organizations to conduct business faster and easier. Many times a there are multiple trends that are on opposite sides of an idea, and an organization must decide which trend or trends are the correct trends for future success. When organizations face challenges of this nature at the speeds the current business environment changes, forces them to become knowledgeable of the industry trends very quickly.

The organizations must then use this knowledge to make quick decisions on their future direction. The following is an exploration and analysis of the trends that human resource departments and managers are facing in today's businesses, and why they are important for organizational success today and in the future.

Performance Management and Performance Appraisals

Good management is always analyzing the performance of the organization and its employees. There are several ways to do this, and depending on the organization and its objectives some methods are more effective than others. A complete performance management system is different from an annual performance appraisal system in several ways. In most cases a complete performance appraisal system is an ongoing evaluation. It uses several factors to determine the productivity of the employees of the...