The challenges of HR managers today is to recognise talent and nurture the same carefully and achieve significant productivity gains over a period of time. The enterprise is nothing but people. The role of HR manager is shifting from a protector and screener to the planner and change agent. In present day competitive worlds, highly trained and committed employees are often a firm’s best bet. In this research paper i will be discuss about the challenges faced by the organizations and HR professionals. HR professionals can help an organization select and train employees for emerging roles. Only people who are involved and intelligent can make a difference. In future, the principal issues will be how the HRM function can transform its outlook from a traditional to a modern one. Increasing globalization and technological revolution have been identified as two primary factors that create a new competitive landscape.