Emerging Trends and Practices of HRM

Question: Discuss about the Emerging Trends and Practices of HRM. Answer: Introduction In the contemporary business scenario, Go Adventuring has identified some significant management challenges such as change management, leadership development, retention of best employees, and outsourcing hindering the performance of the human resources (Srivastava Agarwal, 2012). Through the identification of the management issue such as outsourcing, the paper has been described to show the impact of the issues on the business activities of Go Adventuring. Contemporary management issue On the given scenario of the travel and tourism business of Go Adventuring, outsourcing has become one of the leading management issues (Lohr, 2003). Due to the failure of significant change management activities, outsourcing of the tasks has become a massive problem for the organisation. On the other hand, leadership development has another vital management issues to be considered in the discussion (Srivastava Agarwal, 2012). The organisational leaders of Go Adventuring have failed to develop critical strategic initiatives to influence the performance of the subordinates. Meanwhile, the leadership strategies have lacked essential structures, the point of views, and knowledge resources to develop the performance of the human resources. Conversely, the outsourcing of tasks has not been up to the market. As a result of the scenario, experience employees have left the firm in fear of losing jobs (Mohan Kumar, 2006). Due to outsourcing issue, the long-term objective of the firm has adv ersely hit. Impact of contemporary management issue for Go Adventuring The primary impact of outsourcing is the loss of control of the management of Go Adventuring over its operations. As the operations are outsourced to some other organisation, it becomes the core responsibility of the outsourced company to conduct those operations (Singh Dhawan, 2013). Hence, the management of Go Adventuring does not have any control over the functions of the outsourced processes. On the other hand, the permanent employees of the company feel insecure due to fear of losing their jobs (Lohr, 2003). The outsourcing process reduces the need of permanent employees for the organisation and makes the current workforce feel unsatisfied and insecure while working for Go Adventuring (Mohan Kumar, 2006). Hence, insecurity and loss of control of management over the operations may lead to fall in the productivity and performance of the organisation. On the other hand, it may lead to conflict between the management of two firms in case of poor performance. Furthermore, poor perf ormance is the primary impact of contemporary management issue in an organisation like Go Adventuring (Lohr, 2003). Outsourcing leads to delay in shipments and production that further may lead to loss of reputation of the company. Hence, it is important for the management of Go Adventuring to consider the impacts of contemporary management issues before implementing the outsourcing process (Suki Suki, 2010). Conclusion The identification of the contemporary issues has given the organisation a chance to rectify the problems as quickly as possible. On this note, Go Adventuring can influence the role of the employees in ensuring significant training and development programmes leading to the career development of the management staffs. References Lohr, S. (2003).New Economy; Offshore Jobs In Technology: Opportunity Or a Threat?.Nytimes.com. Retrieved November 2016, from https://www.nytimes.com/2003/12/22/business/new-economy-offshore-jobs-in-technology-opportunity-or-a-threat.html Mohan, A. Kumar, G. (2006). The Emerging Trends and Practices of HRM.Management And Labour Studies,31(2), 99-110. Singh, B. Dhawan, S. (2013). Challenges Faced by H R Managers in the Contemporary Business Atmosphere.International Journal Of Management Business Studies,3(2), 90-92. Retrieved from https://www.ijmbs.com/32/1/balwinder2.pdf Srivastava, E. Agarwal, N. (2012). The Emerging Challenges in HRM.International Journal of Scientific Technology Research,1(6), 46-48. Retrieved from https://www.ijstr.org/final-print/july2012/The-Emerging-Challenges-In-HRM.pdf Suki, N. Suki, N. (2010).Contemporary issues in marketing management(1st ed.). Hauppauge, N.Y.: Nova Science Publisher's.