Identify the key issues emerging in our business environment


Assignment: Human Resources In Today's Environment

You have been speaking so much about how senior management can impact culture, performance and engagement, that you have been promoted to drive the HR Function in your organization. (CHRO, Head of People, HR Manager, Director of People and Organizational Performance, Director of Talent and Organizational Effectiveness, you name the title... It is now yours).

Of course, being new to the role, you will need to understand the full scope of your new function and learn about what are some of the best HR organizational practices today. This, in addition to your current skills, should well position you to build a best in class HR function and a high performing organization. I would expect nothing less of you (of course).

Your roadmap to success:

1. Research and identify the areas that comprise the various domains of today's HR function? (Example: In the Finance area you encounter various function such has general accounting, budgeting, forecasting, etc.).

2. Explain the core purpose of each domain and how each domain should/can be leveraged to align HR practices and drive/support achievement of organizational objectives?

3. Identify the type of HR/organizational initiatives you consider critical for you to effectively build and drive strong employee engagement in today's environment?

4. Identify some of the key issues emerging in our business environment and how are these are expected to impact organizations and the workforce in the future?

5. Identify the type of initiatives you could implement to ensure your organization is proactive and ready to address and/or leverage them (Ex.: competency development, job design, job profile/fit, organizational structure, leadership practices, culture, engagement, talent acquisition and other OB/HR/people practices).

As part of your research, you may want to reach out to your HR Director, or turn to a best in class company to hear what the head of HR has to say and what type of advice they provide.

You may also want to research professional national organizations such as SHRM and review key publishers in topics related to Human Resources Management, Human Capital, global HR trends, workforce trends, etc. such as Willis Towers Watson, BCG (Boston Consulting Group), Mercer, McKinsey, McKinsey Global Institute, AON Hewitt, Harvard Business Review, Deloitte and other HR publications/magazines.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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HR Management: Identify the key issues emerging in our business environment
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