Abstract

In the era of global integration, conventional HR practices of maintaining personnel data, catering to re-sourcing, training and motivation demand a more enhanced participation and managerial leadership. HR function now maintains and improves the human capital base, stimulates innovation and knowledge thereof and also provides leadership making organizational dynamics shift towards a new arena. New trends in training and development with a tinge of soft skills have occupied pivotal position in the HR culture. New possibilities for electronic data processing (e-HRM) have given new fillip to HR functions. Strategic HR now recognizes new areas like transaction services, employment services and relationships, professional and advisory services, corporate governance services and outsourcing. It has a shift in the changing role of HR which is functionally linked with strategic goals, objectives and sustainability of the organization. Consequently it has augmented the organisation’s ethos and fosters a participative culture. The paper based on primary research through the methodology of interview of the senior company executives having experience in the field of human resource management, tries to find out the changing paradigm of human resource management.