Assignment Title: Evolution and Trends in Human Resource ManagementAssignment Overview:In this assignment, you will explore various aspects of Human Resource Management $($HRM$)$including its transition from traditional Personnel Management, contemporary challenges,strategic approaches, global competencies, strategy development, key performance indicators, andbest practices. Through research and analysis, you will gain insights into the dynamic field ofHRM and its pivotal role in organizational success.Assignment Components:a$).$ Personnel Management Vs HRM; The Transition:Define and differentiate between Personnel Management and HRM$.$Explore the historical context and evolution leading to the transition.Discuss the key features, roles, and responsibilities of each approach.b$).$ Human Resource Management Challenges Today:Identify and analyze the contemporary challenges faced by HRM practitioners.Discuss issues such as talent acquisition and retention, diversity and inclusion, technologicaladvancements, changing workforce dynamics, etc.Provide real$-$world examples or case studies illustrating these challenges.c$).$ Strategic HR Management; Understanding the Trends:Examine the concept of strategic HR management and its significance in modern organizations.Explore current trends shaping strategic HR management practices $($e$.$g$.,$ remote work, agile HR$,$talent analytics, etc.$).$Discuss how organizations can align HR strategies with business objectives for sustainable growth$\mathrm{.}2|$ P a g ed$)$ Human Resource Competences and the Global Survey:Review global surveys or research studies outlining the essential competencies for HRprofessionals.Analyze the findings and identify common competencies required in a globalized workforce.Discuss the implications of these competencies on HRM practices in multinational corporations.e$)$ Developing HR Strategies:Discuss the process of developing effective HR strategies aligned with organizational goals.Explore various approaches such as recruitment and selection strategies, training and developmentplans, performance management frameworks, etc.Provide recommendations for designing comprehensive HR strategies tailored to specificorganizational needs.f$).$ Understanding Human Resource Key Performance Indicators $($KPIs$)$:Define HR KPIs and their significance in measuring HRM effectiveness.Identify key HR KPIs relevant to different HR functions $($e$.$g$.,$ recruitment, employee engagement,retention, etc.$).$Discuss how these KPIs contribute to organizational performance and decision$-$making.g$).$ Human Resource Best PracticesExplore best practices in HRM across different areas such as talent management, employeerelations, organizational culture, etc.Analyze case studies or industry examples showcasing successful HR practices.Discuss the importance of benchmarking against industry best practices and continuousimprovement in HRM$.$Assignment Submission Guideline A Your assignment should be structured logically with clear headings for each section. Utilize scholarly sources, academic journals, industry reports, and reputable websites tosupport your arguments$\mathrm{.}3|$ P a g e Ensure proper citation and referencing using a recognized citation style Submit your assignment in a professional format, adhering to specific guidelinesprovided. Number of words range of $15002500$