HRM 4.0: RECENT INNOVATIONS AND TRENDS IN HR ACTIVITIES
Keywords:
Challenges, Future trends, HRM innovations, HR activities, Industry 4.0.Abstract
The inception of digitalisation across the globe has revolutionised the way all activities of
human kind. From the beginning of the day till the end we have technology as our invisible partner
assisting us in almost everything we do. The biggest advantage of this is enjoyed by the businesses as
almost all the operations of business have gained momentum due to technology, which has lead
businesses to earn profits like never before. Human Resource Management is one such function which has
gained efficiency and speed in its operations due to technological interference. Major HR activities like
recruitment, selection, performance appraisal, training and development are managed within no time and
efforts. This paper aims to highlight the ways in which these major activities of HRM have been
transformed in businesses today. Technology also brings along with it some challenges, which, if not
addressed in time, may lead to losses rather than profit. In this paper we would also see what are the
major challenges that businesses are faced with today due to digitalisation in HR function. We would also
look at future prospects of 21st century HRM activities in terms of growing technological advancements
