Human Resource Consulting industry transpired from management consulting to address concerns in HR management. In the Philippines, HR Consulting, whether external (Executive Search partners) or internal (HR team), needs to focus on the challenges with respect to People Management, Globalization, Market Growth Trends, and Government Regulations.
When discussing HR Consulting or HR management, the first thing that comes to mind is people or talent management. This entails the creation of strategies pertaining to selection/recruitment, development, retention, and recognition/reward of employees. Talent or human capital should not be seen as an expense but as an investment. Talent Management Strategies plays an essential part in the overall success of any business strategy.
- Workforce Diversity
- Skills Enhancement
- Employee Retention
These challenges in human resource management will continue in the coming years with the ever-changing market. Addressing these situations now will yield a better outcome for businesses. Management needs to remember that talent or employees, whether internal or external, play an important role in achieving overall business goals.
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