The purpose of this research paper is to address the current challenges in HR and offer innovative tools and techniques to craft a modern HR philosophy.
It illustrates with examples of global companies, including Google, LinkedIn, Twitter, FedEx Corporation, Mayo Clinic, Rolls-Royce, Shell, Ford, Boston Consulting Group, Nissan, and Cadbury, that are noted for innovative HR practices.
It concludes that global organizations and senior leaders must address the current HR challenges and adopt innovative tools and techniques to stay relevant and competent in the present global dynamic business environment to achieve organizational excellence and effectiveness.
The tools and techniques adopted to achieve a modern HR philosophy can be applied in any industry and in any size of organization.
The social implications of this research suggest that HR leaders can achieve organizational excellence and effectiveness by adopting these innovative tools and techniques.
It advises placing more emphasis on leadership than on leaders because leaders are mortal, whereas leadership is immortal. It explains the role of HR leaders and CEOs in crafting a modern HR philosophy.
Rao, M.S. (2017), "Innovative tools and techniques to overcome HR challenges globally", Human Resource Management International Digest, Vol. 25 No. 7, pp. 1-4. https://doi.org/10.1108/HRMID-02-2017-0027
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