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Human Resource Management - Assignment Example

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Human Resource Management (HRM) deals with issues having concerns with people. HRM currently plays a key role in the managing. The paper "Human Resource Management" aims at discussing leadership development as one of the major challenges that HRM faces in the current times…
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Human Resource Management
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Human Resource Management

Download file to see previous pages... Leadership Development Challenges – an Analysis Among many challenges that HR faces, leadership development is one of the most crucial for developing organization’s capability to accomplish leadership tasks at different levels and meet company objectives. It will be most appropriate, at this juncture, to quote Peter Drucker before describing how HRM can play a pivotal role in solving the leadership development issue. “It (leadership) is not ‘making friends and influencing people’ – that is flattery. Leadership is lifting a person’s vision to higher sights, the raising of a person’s performance to a higher standard, the building of a personality beyond its normal limitations" (Drucker, 1986 p.159). Drucker has succinctly described leadership requirements in the above sentences; however, it is crucial to explore why leadership development has become so important in the current times. In wake of globalization, the business environment has changed drastically. In the last decade or so, changes have happened so rapidly that future has become unpredictable. Challenges are so complicated that there are no straight solutions to the problems involved. The world has become increasingly seamless and resources move quickly across the globe. Even small changes lead to large effects in any organization. Solutions need to emerge from within as they cannot come from outside. That is where leadership development challenges of HRM are significant in the years to come. ...Download file to see next pagesRead More
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