Human resource development – an overview

A new battle is being fought in the war for talent, with analysts, human resources (HR) professionals and executives around the world the main combatants. Likewise, we cannot ignore the other ongoing war for talent that informs organizations talent strategies. Although there is not necessarily a shortage of good people globally, organizations often report that local talent is hard to find and they compete fiercely to fill skilled and professional roles. The aging workforce, together with rapid changes in technology is continuing to force HR professionals to search globally for talent and increase training and development budgets. The simultaneous challenge to traditional HR practices with the rapid rise of mobile technology and social media. These new capabilities are changing the way data is collected on employees and external candidates: from recruiting via social media sites to testing candidates on their smart phones, organizations must consider how to ensure consistency and fairness in their recruiting and hiring processes.