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  • Impact of Globalisation in HRM

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    Sai Ragini Ramachandran
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    Globalization has significantly impacted human resource management (HRM). As companies expand globally, HR managers can source talent from a larger, more diverse pool of candidates worldwide. This greater diversity in the workforce presents challenges in managing different skills, personal attributes, and cultural expectations. Additionally, globalization has changed the functions of HRM to include recruitment and staffing on an international scale, as well as talent development, compensation, and performance management for a global workforce. Moving forward, HRM must address ongoing challenges like workplace flexibility, new technologies, labor shortages, and developing human capital in a global business environment.

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    Globalization has significantly impacted human resource management (HRM). As companies expand globally, HR managers can source talent from a larger, more diverse pool of candidates worldwide. This greater diversity in the workforce presents challenges in managing different skills, personal attributes, and cultural expectations. Additionally, globalization has changed the functions of HRM to include recruitment and staffing on an international scale, as well as talent development, compensation, and performance management for a global workforce. Moving forward, HRM must address ongoing challenges like workplace flexibility, new technologies, labor shortages, and developing human capital in a global business environment.

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    Download as PPTX, PDF, TXT or read online from Scribd
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    2K views12 pages

    Impact of Globalisation in HRM

    Uploaded by

    Sai Ragini Ramachandran
    Globalization has significantly impacted human resource management (HRM). As companies expand globally, HR managers can source talent from a larger, more diverse pool of candidates worldwide. This greater diversity in the workforce presents challenges in managing different skills, personal attributes, and cultural expectations. Additionally, globalization has changed the functions of HRM to include recruitment and staffing on an international scale, as well as talent development, compensation, and performance management for a global workforce. Moving forward, HRM must address ongoing challenges like workplace flexibility, new technologies, labor shortages, and developing human capital in a global business environment.

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    PAPER PRESENTATION ON THE TOPIC

    IMPACT OF GLOBALISATION IN HRM


    HRM in 20th century
     Researchers began documenting ways of creating business
    value through the strategic management of the workforce.
     Function of HR
    1. Payroll
    2. Benefits administration
    3. Care taker
    4. Striving to improve economic efficiency in manufacturing
    jobs
    5. HRIS solutions
    What globalization is ?

    If a firm or an
    organization expands its
    sales or production beyond
    the National boundaries,
    then it is
    GLOBALISATION.
    Globalization and HRM
     Process of drawing people together from all nations.
     HR managers need not depend on small limited
    market to find right employees.
     Became effective and efficient in todays economy
    but it’s a simple task.
     HR managers should ensure that appropriate mix of
    employees in terms of knowledge, skills and culture.
    Globalization and HRM
    Global HRM refers to
    Human Resource
    Management
    practices that deals
    with managing the
    diversity workforce
    from all around the
    world.
    Functions of HR after Globalization
     Recruitment and Staffing;
     Talent Development;
     Organization Design;
     Compensation and Benefits;
     Performance Management;
     Training and Development;
     Leadership Development.
    Challenges faced by HRM after
    Globalization
    Greater need
    Managing
    Globalization for personal &
    diversity
    various skills

    Changed
    New Replacement
    employee
    technology of employees
    expectation

    Outsourcing Indigenous
    Balancing
    of HR units to
    worklife
    activities become sick
    Challenges faced by HRM in future
    Workplace flexibility

    Technological Developments

    Socio-Cultural expectations of the work force

    Increasing Shortage of Labor

    Human Capital
    Conclusion
     The globalization is a HRM challenge
     HRM function has to make its policy,
    procedure & process to work on the global
    level.
     The globalization has a huge impact on the
    HRM function & it is usually not ready to take
    more responsibility in the movement of
    workforce around the Globe.

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