NAVIGATING NEW CHALLENGES: THE EVOLVING ROLE OF HUMAN RESOURCE MANAGEMENT IN DEVELOPING ECONOMIES AMIDST TECHNOLOGICAL ADVANCEMENTS

Author:
Nsisong Louis Eyo-Udo, Jennifer Osayawe Atu Afolabi, Oluwafunmi Adijat Elufioye, Rosita Eberechukwu Daraojimba

Doi: 10.26480/faer.01.2024.21.30

This is an open access article distributed under the Creative Commons Attribution License CC BY 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

This paper explores the dynamic landscape of Human Resource Management (HRM) in developing economies in the face of rapid technological advancements. As technological innovations reshape the global economic landscape, developing countries grapple with unique challenges and opportunities in managing their human capital. The study investigates the evolving role of HRM in navigating these changes, emphasizing the multifaceted impacts of technology on recruitment, employee development, and overall organizational effectiveness. Through a comprehensive literature review and case studies, the paper sheds light on the strategic responses and adaptive measures taken by HR professionals in developing economies. The findings underscore the significance of leveraging technology to enhance HRM practices, address skill gaps, and foster organizational resilience. Moreover, the study explores the ethical considerations and potential socio-economic implications of these transformations, providing insights into the holistic approach required for effective human resource management in the ever-evolving technological landscape of developing economies. Ultimately, this research contributes to a nuanced understanding of the challenges faced by HRM professionals and provides valuable recommendations for navigating the intricate intersection of technology and human capital in developing economies.

Pages 21-30
Year 2024
Issue 1
Volume 1