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June 06 2022
     

HR's Role Transforms More Into Business Operations

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Human resource (HR) leaders are not just limited to talent acquisition and management but have been upgraded to be involved in business operations citing the new corporate set-up.

The shift in HR's role is due to three main reasons, including the advent of technology, rapid globalisation and the recent outbreak of COVID-19.

HR needs to understand all the aspects of the business while handling the HR strategy. HR professionals need to be ahead of the curve and stay updated about the upcoming trends and what's happening on the business front.

HR needs to be futuristic to manage the business ecosystem more efficiently. For example, green energy will become a prime thing in the next three to five years, and HRs need to be professionally capable to facilitate the shift.

HR has to be more careful after the Great Resignation phenomenon post the pandemic. They need to overcome challenges in talent management by meeting the employees and understanding them, as the great migration is still on and the employees are comparatively knowledgeable with more vivid choices.

The employee-employer relationship is transforming rapidly, and nowadays, employees are seeking a partnership in business. Hence, the HR's role becomes more prominent to understand the expectations of the employees and the changes that they expect.

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2 minutes