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Chapter - 12
The Future - The Challenges
Chapter Introduction:
This chapter deals with the challenges that will be faced in future by the HRD
function because of advancements in technology and change in social
dynamics and employee expectations.
A. Future Challenges
Changes had been happening all the time. What is different in present times is
that the pace of change is accelerating. The nature of change is also changing.
Change is not incremental any more. It is disruptive. Experts suggest that 40%
of Indian, US and European enterprises may not exist in 4 to 10 years.
