Modern Trends in Human Capital Management

This paper is about modern trends in human capital management. The paper discusses theoretical and practical approaches to the modern trends of human capital management. The author described the four main trends separately: workforce planning; the talent management; networking and recruiting. For competitive advantage and economic development organizations need to apply modern technology and innovative human capital management practices. The current trends of human capital management require a systematic approach and enable organizations to select the right people and develop them fully for the business goals of the organization. It was very interesting that author explained the social media as a main tool for modern recruiting.