Role of HR in Pandemic Mediated Economic Recession
Keywords:
HRM, Economic Recession, Indian Economy, COVID-19, CoVID-19 and HRM.Abstract
Human resource management has undergone tremendous changes in the past couple of years. The paradigm shift in the outlook and functioning of HR managers have evolved over time to suit to the current business models and create value. However, CoVID-19 pandemic mediated economic slowdown and change in working methodologies that evolved along with it, will have significant impact on how future businesses will be run and the role of HRM in it. In this brief review, we evaluate the current situation and do a comprehensive analysis with comparison with past recessions. We investigate the evolution of HRM over the years, especially 2007-09 crisis. Finally, we integrated past experiences and present trends to postulate the role of HRM in the post-CoVID-19 world.Downloads
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