Explaining a Human Resource Management (HRM) challenge/issue and describing how this challenge impacts 3 or more of the 9 HR functions described in the paper “Personnel Management to Human Resource Management” By Taslim Ahammad
The rapidly transforming business landscape means that there are currently many human resource management (HRM) challenges that will continue to evolve for years to come. Due to the fluctuating economy as well as local and global advancements, there are many changes occurring rapidly that affect HR in a wide range of issues. Change management is one of the HRM challenges. Since this is generally not a focal point of HR professional training and development, change management represents a particular challenge for personnel management. The WFPMA finds that “this may also be the reason why it is cited as the foremost issue as HR continues to attempt to help businesses move forward. An intensified focus on training may be needed to develop added competencies to deal with change management.
bachev came to power, he began to implement reforms in order to improve the Soviet economy. Despite these efforts, they ultimately led to the collapse of the Soviet Union. The desire for economic reform surfaced from the growing economic inequality within the Soviet Union. Wealth became focused within the elite, while the majority of Soviets were suffering; the standard of living in the Soviet Union was one third of the standard of living level in America and less than half of West Germany and France (Johnson & Raynes, 1984, page ii). Low standards of living generally guarantees unrest with populations because people are likely unsatisfied with their economic situation. The downfall of the Soviet Union is evidence of the fact that governments are unstable when their preferred system of economics is not capitalism.
Capitalism supports equality in nations, because capitalism supports equal opportunity vice versa. Capitalism is sustainable because it is often accompanied with socialist political policies. Equal opportunities give more people the means to support themselves. Though there may be economic inequality in capitalist states, there isn’t widespread poverty at the same level as in communist nations. This is because the people who are motivated enough to sustain themselves will find a way to achieve what they want.
Major financial support is provided under communist governments. Theoretically this is a beneficial policy, but realistically it isn’t as beneficial as it is intended to be. At least 20 percent of Soviets lived in poverty compared to 14 percent of Americans in 1988 (Fein, 1989). The average Soviet only has to dedicate 6 percent of their income to paying rent, whereas Americans dedicate 26 percent of their income to living expenses (Fein, 1989). The Soviets denounced the existence of poverty in their country up until Gorbachev’s leadership, and instead claimed that poverty was only brought on by capitalism. The large number of people who were experiencing economic hardships sought for change in the USSR. Despite Soviet officials claiming that the poverty was caused by laziness, many believe that poverty was brought on by the economic state of the USSR. T