“In the event that you happen to meet the HR Head of a vast association, simply ask him what is his biggest challenge is. He will state ‘maintenance of individuals’.”In the present situation administrative professionals to change supervisors and vital business accomplices, the part of HR has totally changed. In the present forceful worldwide market it has turned out to be important for association to extend universally to increase upper hand. Globalization has constrained association and their HR capacities to rethink their strategies. It is essential for the administration to contribute extensive time and sum, to take in the changing situation of the Human Resource Department in the 21st century. To survive the opposition and be in the race, HR Department ought to consistently refresh itself with the change in HR appropriate HR Policies that would prompt the Achievement of the association and also the person’s objectives ought to be detailed. HR Practitioners of each association and furthermore for the individuals who have critical enthusiasm for the region of Human Resource Management ought to understand the developing significance of human asset and comprehend the need to develop viable HR strategies. People groups are vital resources. Setting this incentive on workers, requires the association to underline on human asset work on, including reward for predominant execution, measures of representative fulfillment, watchful determination of workers, advancement from inside, and interest in representative development.

Keywords: HR Challenges; Globalization; Strategies; Potential Future Development; HR Policies.