Today’s workplace is faced with a paradox. Organizations realize that they have to change or risk perishing; at the same time, organizations understand the risk of perishing is due the disruption of change. In the U.S., up to 84 percent of organizations are involved in major organizational change (Palmer, Dunford, Akin, 2009). The challenges for HR professionals are different than they were a mere 10 years ago. The SHRM Foundation is widely acknowledged as the leader in HR content, research, and networking. The SHRM and The Balance Careers website include perspectives from experts on the topics of talent management and engagement, business and HR strategy, human capital, and the business environment.
Read: What Is Human Capital? (thebalancemoney.com)
Address the following questions below (external research may be needed):
Based on the section on human capital, what are the challenges today?
Looking ahead in the coming decade, what are some of the foreseen human capital challenges?
What are the key factors that will determine an organization’s ability to successfully meet HR-related human capital challenges?
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