Describe how external factors influence own work role

Describe how external factors influence own work role (Ac 1.2)

External factors are key drivers of how I perform my role as a people professional. Some of such factors are the legislative changes, economic conditions, technological development, as well as the social trends. Being aware of and adapting to these external aspects is very important in the success of my work and in support of the organization.
Legislation is one of the factors that have a huge impact on my professional position. The changing landscape of employment laws, health and safety regulations, and diversity and inclusion policies requires my law and company to stay updated and compliant. For instance, bringing a novel law regarding the flexible working regime may force me to recapitulate and revise our company policies and practice to meet the needs of employees.
In addition, economic conditions also influence the nature of my work role. When in a recession, companies may face budget cuts so they may need to implement cost-cutting strategies. In conducting the people management role, I may be called upon to find creative solutions to the problem of low employee engagement and morale in the scarcity of limited resources. On the contrary, while I am facing declines in demand, retention strategies or downsizing may be the focal point along with recruitment and talent acquisition during economic expansion.
Technological developments have altered how we work as people professionals and therefore, we need to adapt to the new changes. Implementing the new HR software systems or a digital platform for recruitment as well as training empowers me to develop new skills and knowledge. And through technology embracement, I can optimize reports and provide accurate and adaptable human resources services.
Social trends also have an impact on my work position. For instance, the increasing attention to employees’ work-life balance and well-being help me to develop policies and activities that cater to employees’ needs in all facets. Moreover, social changes in perceptions about diversity and inclusion dictate that the organisation should design and implement inclusive practices and policies within the organisation.

External factors like legislation, economic conditions, technological advancement, and social trends have a significant impact on my work role as a people professional. Thus, staying updated and adapting to these factors will enable me to contribute to the success of the organisation.

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