New Trends, Digitalization, Work Ethics & HRM Challenges in Year 2018
Existence
of Modern Day Workplace
In the
year 2017, the many organizations were busy in conducting research in
identifying the significance of culture and performance. Meanwhile, there is another
prominent element enters the work place in year 2018 which is called Technology.
Transformation
of Organizations into Digitalization
The Digitalization
of organizations is an ongoing process and transformation will require greater determination
in achieving the same. Though, the technology had been a tool of helping-hand
at workplace, astonishingly the trend is changing by making the technology as
the way of work place in year 2018 and thereon. It becomes a new challenge for organizations
in redefining the ways of business.
Workplace
Culture
Working
long hours at workplace had become a conventional way of working. Millennials and Gen Zers are focused only on
completing the task on time but not from where they are going to do it. At home,
the coffee shop, or elsewhere with Wi-Fi connectivity will thrive them getting
engaged with assigned work. New study and the research indicates, the modern-day
workplace and new cohort of workforce is profound in finding work-life balance
more. They will do work from home and taking the home to work.
Furthermore,
the workplace culture to be changed drastically and working attire will be more
casual whilst formal wear to be exit from the workplace.
Existing
Working Cohort and its Challenges
the
existing workforce will be driven into embrace the technology in order to
change the workplace culture and thrive organizational goals. This will be a
rigid task in the eyes of existing workforce. HRM will have the responsibility
of obtaining all employees aligned with set expectations of the organization.
Challenges
to Knock on the Doors’ of HRM
New recruits
will have greater heights in expectations on remuneration and work-life
balance. They would not be hesitant to turn down any less valued propositions
as their potential stands high. HRM negotiation skills will be challenged in
order to absorb the appropriate candidates into organizations.
The knowledge
enhancement of existing workforce over the Digitalization would require tools
such as Learning Management Software (LMS). It’s a continuous learning process and
HRM requires a methodical plan to execute it by identifying the knowledge
levels of existing employees.
Workplace
culture is another factor where the workforce will demand for flex working hours,
virtual workstations, free attire, etc. It’s important in accommodating such
expectation of new cohort by ensuring their retention without damaging the expectations
of organization.
The question
arises whether the HRM is ready to take these challenges in year 2018?
By
Roshan
De Zoysa
Reference
list;
Josh Millet(26th October 2017) The 2018
Human Resources Trends To Keep On Your Radar (online), Available at https://www.forbes.com/sites/forbeshumanresourcescouncil/2017/10/26/the-2018-human-resources-trends-to-keep-on-your-radar/#67daa91021b3,
Accessed on 20th November 2017.
Steffen Maier(1st
of June 2017), Top Five HR Trends for 2017(online),Available at https://www.fastcompany.com/3066976/the-top-five-hr-trends-for-2017,
Accessed on 25th November 2017.
8 HR Trends To Watch For In 2018
(2017), (online), Available at https://empxtrack.com/blog/hr-trends-to-watch-in-2018/
, Accessed on 27th November 2017.
In 2018 world can be change to robotic generation,so it gives lot of challenge HRM.How u was analyse like this happened on next year.
ReplyDeletei would like to assist your query with followings. AI (Artificial Intelligence) is already in place with BIG DATA capabilities at certain organizations. Thus, many organizations will have the staff redundancies due to process automation. The leadership of the organization will have to make the decisions related above matter with HRM consultation.
DeleteNice Article Roshan!
ReplyDeleteNew recruits may have greater expectations but work quality is still questionable. Experienced may do things better than the new recruits.
Artificial intelligence are developed now a days in a manner they can understand human feelings, For Example Sophia, The Humanoid Robot. Not only HRM, the entire organisation should be ready to take up the challenges.
Do agree with your concern. BIG DATA & AI will play major component in the future corporate workplace. Leadership is to be challenged against the expectations of organizations. HRM to hold the responsibility for the appropriate workforce by forecasting future needs at workforce.
DeleteHi Roshan,
ReplyDeleteWhiles I was reading your article, I thought share some work experience I had in respect to work culture (i.e. modern work life balance) and attire. I recall in a very demanding working environment of a multinational company; as mentioned in your blog, work and life has overlapped to a greater extent. I believe the term "work life balance" should be renamed as "work life integration" as you would bring your personal life in to work and work in to your personal life. As there are different time zones in a multinational company, employees are required to work during your personal time (i.e. at home) and that leaves the employee to perform there personal life task during business hours in away that it does not impact the performance of your day's work. We are quite accustomed to the former (work in personal life) but not so much to the latter and one that we will eventually get accustomed to, as it is becoming the norm especially in the IT industry.
As for attires, unless you have client meeting one could wear smart casual wear. Some employees even keep a tie or jacket at work, when required to use.
Point is that as you said employee are required to adjust to the new challenges and HRM although at times does not recognise the new employee behavior will have to address during these changes.
I agree Danushka, it has great importance inculcating culture with understanding the workplace and environment. Seems new generation is more caring about keeping their work-life balance high in their priority list. HR has the responsibility to bring all employees into one one common platform which will always change according to the environmental expectations.
DeleteTechnology and digitalization started challenging the traditional work methods and of course HRM few years back. In the years to come this challenge will increase rapidly.
ReplyDeleteI would like to add one specific area I found very relevant to the topic and that require utmost attention from HRM/organizations in the digital era.
Drastic change in customer buying pattern -As per 2017, Black Friday sales statistic people around the globe had purchased online for $5 billion within 24 hours and 50% of this has come from mobile purchasing.
As people tend to purchase more online the current marketing strategies, distribution channels, Financial strategies, organizational hierarchies will require changes which will eventually lead to a drastic change on how/when people work. Additionally, emerging small players in the market is out- smarting the well established organizations in online sales, this will most probably create a total change on strategies how organizations operates.
SHRM requires to forecast these upcoming changes and start building strategies accordingly.
Change of the market place has created a demand to organizations whether to continue with the own traditional manner or to adopt the expected change which demands due to the environmental changes.
DeleteHRM has a greater responsibility to ensure the right workforce to be absorbed with expected expertise to survive and thrive in the corporate world.