Impact of Globalisation in HRM
Impact of Globalisation in HRM
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
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.