HR Evolution From Traditional Methods to Cutting-Edge HR 5.0

HR Evolution From Traditional Methods to Cutting-Edge HR 5.0

Roohi Kursheed Khan (Dayananda Sagar University, India) and Kavitha R. Gowda (Alliance University, India)
DOI: 10.4018/979-8-3693-8669-9.ch005
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Abstract

The field of human resources is evolving dramatically, moving from antiquated practices to cutting-edge HR 5.0 concept. The article transitions from traditional methods of evolution to the incorporation of technology into HR 2.0, HR 3.0, and HR 4.0, marked by digital tools, data-driven decision-making processes, and human resources management systems. The introduction of HR 5.0, by using cutting-edge technologies like blockchain machine learning and Artificial Intelligence, represents an important move towards a personalized and employee centric approach. The chapter highlights the forces that shaped HR's development, such as the demand for more effective operations, enhanced staff engagement, and real-time data-driven decision-making by fostering inclusivity, diversity, and worker well-being to build resilient work environments. The chapter concludes with an in-depth analysis of the history, the initial evolution phases, the evolution post-pandemic, and the Indian scenario, offering insightful advice on how these developments can enhance HR operations and achieve a competitive edge.
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