NilaKanthi Ford writes:

Introduction

Three clear trends are potentially reshaping the role of the HR function in organisations.  The first relates to the rapid growth of a global economy.    Recent surveys indicate that the majority of multinationals anticipate major global mobility challenges over the next two to three years with companies in all regions anticipating increased cross-border moves.

Second, the rapid growth of the knowledge economy means the workforce will be critical in developing new and innovatory products to stay ahead of the competition.

Third, administrative functions such as payroll and attendance were handled by HR Departments.  These are increasingly being reduced by software solutions or outsourced to third parties.

These combined trends help to present the HR function with