In the paper “Globalization and Factors Influence Human Resource Management” the author will analyse the process of globalization and its impact on the human resource management (HRM). The factors involving the social, political, legal, economic and cultural aspects…
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However, at the same time, the diversity in the HR practices has also been exhibited. The cultural differences among the countries are clearly reflected in the organizational structure and practices, which gives rise to several independent HR management processes. This makes it quite important for the international organizations to adopt cross cultural practices (GPF, 2015). The process of globalization and its impact on the human resource management (HRM) have been discussed in the paper. The factors involving the social, political, legal, economic and cultural aspects that influence the management of cross border business practices have been added.
Globalization can be described as a process or a set of processes that leads to integration of international entities leading to exchange of views towards business, culture, technology and national economy (Pieterse, 2015). It is a process by which the world is becoming more interconnected, owing to the cross border trade and adoption of cultural practices. It has allowed the firms to have access to new target customers in different nations, thereby increasing their target customer base (Held et al, 1999). This in turn has also increased the production of goods and services over the decades. The large companies have now been transformed to multinational organizations, as they own multiple subsidiaries in several other nations. It has also made it easier for the firms to conduct their business operations, as they can now leverage the comparative advantage of other countries by outsourcing resources or activities. In terms of the global economy, globalization has helped to improve the economic conditions of several developing countries. However, it has also been argued that globalization in certain cases have led to suppression of local firms in the developing countries (BBC, 2014). ...Download file to see next pagesRead More
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“Globalization and Factors Influence Human Resource Management Essay”, n.d. https://studentshare.org/human-resources/1700300-globalization-and-factors-influence-human-resource-management-03192.
The current paper focuses on how different methods could be applied to improve the work place environment. Various organizations practices are discussed and how they would impact the employees. These ideas reflect how the human mind thinks and how the organization could use it to their own advantage and could gain an efficient and effective work environment.
This paper illustrates that globalization has had an impact on human resource management as evidenced by this expose. The role of human resource management is ever increasing to be a strategic role. In this case, adding value through providing tactical support in implementation of business strategies is becoming an increasing role of human resource management.
One of the major functions of human resource management is to ensure that all decisions and activities that affect the human resources are effectively managed. This includes, recruitment of staff, ensuring that staff is highly motivated through better remuneration, provision of benefits and training among others.
The development of technology has facilitated managers in using self-service tools. The tools help in changing the mutual work of both HR and line managers, altering the types and styles of work that both perform and thus affecting the result of the business.
Morrison is of the opinion that only business attire can lead the workers to achieve a level of professionalism and the casual dresses at workplaces lead the people to indulge in a more casual behaviour. At Career Partner 3, employees are only allowed to wear “business only” dresses.
In doing this, individual employees tend to appreciate and perform their rightful roles in the workplace. Employee retention is a key function in human resource management which is only possible if employees are offered an environment which is conducive to work in.
3 Managing Diversity ………………………………………………………….. 4 Issues and Challenges of Diversity that can pose various HR practices…….. 6 Diversity and Hiring …………………………………………………. 6 Diversity and Management …………………………………………..
This process is mainly facilitated through different transportation and telecommunication infrastructures like the internet which eventually end up creating interdependencies among trading transnational corporations. In regards to this process, the human resource departments found in many transnational corporations typically address issues that relate to the diversity, skills along with qualifications and the demographics of their workers.
The transformation of the human resources management (HRM) is a result of a wide range of complex challenges faced by today’s modern business. Hence the renovation of human resources today is a result of brisk changes in the businesses due to globalisation. Due to
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