Among all the resources in an organization, most important are the human resources. HRM basically ls with the efficient management of people to achieve individual and organizational goals. HRM is all about management of employees from recruitment to retirement. Earlier HR was just used to Hire and Fire employees, but now it is becoming strategic. With different emerging trends reshaping the business these days, the role of HR managers is changing. Due to the various issues like Globalization, work force diversity, cut throat competition old practices are becoming obsolete. Technological advancements at unprecedented rate are adding fuel to the fire. Mundane tasks previously carried out by HR professionals are being automated This paper examines how the role of HRM is changing and what challenges are being faced by HRM?