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What Kind of Challenges Is Faced by Organizations Nowadays - Research Paper Example

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This paper "What Kind of Challenges Is Faced by Organizations Nowadays" explores challenges faced by contemporary organizations consequent to the globalization changes of modern business setups. Globalization has presented great challenges to organizations…
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A case in point is Lenovo, the third-largest Personal Computer maker and distributor in the world, which recently went global after acquiring IBM’s Personal Computing division. Globalization has thus stretched the requirements of the HRD to include some of the diversity, dynamism, integrative and strategic challenges never before experienced in corporate management. This paper highlights five of these challenges noted in Lenovo namely, the demand for workforce diversity, demand for dynamic management styles; demand for continued human resource development, demand for social integration and finally demand dynamic and flexible organizational structures.

The challenges are explained and contextualized in realistic organizational settings.Globalization is the ongoing process of interlinking societies culturally, technologically, and politically into a singular community without the spatial limitations of geographic borders, regions, tribes, and governments (Kawachi & Wamala, 2007). It is the process of linking the world through the assimilation of cultures, economies, and people across the vastness of the world just as if the world was one ‘village’, the global village.

This is happening via the use of information technology, precisely the internet, to make education, business, entertainment, etc, universally available irrespective of where an individual resides in the globe (Kawachi & Wamala, 2007). For instance, one can today take a course from a university in New York, whether he or she is in New York, Cape Town, New Delhi, or Copenhagen similarly via the internet (Page & Valone, 2007).The internet is not the only way that globalization is being achieved.

Globalization of business has also been instrumental in the creation of a global village (Kawachi & Wamala, 2007). Businesses are going global in their areas of operations such that the traditional prescription of the locality where a business defined its market or territory using geographical borders is no longer tenable.

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