Nevertheless, it is important to distinguish that gender in this r... ... middle of paper ... ...llah, ET 2009, 'Women at the bargaining table: Pitfalls and prospects', Negotiation Journal, vol. 25, no. 2, pp. 233-248. Wade, ME 2001, 'Women and salary negotiation: the costs of self‐advocacy', Psychology of Women Quarterly, vol.
While many companies will inevitably have to face a form of organisational transformation (OT), Waddell, Cummings and Worley (2011) argue that organisational development (OD), a collection of change methods that attempt to advance organisational effectiveness and employee well-being (Sinangil & Avallone 2001; Marshak & Grant 2008; cited in Robbins & Judge 2012, p. 263), is what many companies desire to engage in. The increasing scale and complexity of organisational change due to technological, political and social environments, and organisations themselves becoming more complicated and uncertain, has seen firms address OD from a strategic perspective (Jelinek & Litterer 1988; Buller 1988; Worley, Hitchin & Ross 1996, cited in Waddell, Cummings & Worley 2011, p. 20). Lines (2004, cited in Robbins & Judge 2012) articulated that human and organisational growth, collaborative and participative processes, and a spirit of inquiry are valued by OD methods. The most critical resource a firm h... ... middle of paper ... ... G 1990, ‘The Core Competence of the Corporation’, Harvard Business Review, May-June, pp. 79-91.
1. Introduction The current integrated and interdependent world economy is the outcome of the process of Globalization. Various definitions of Globalization are available. As per Block (2004), in his research paper, has defined globalization as “Intensification of world-wide social relationships which link distant localities in such a way that local happenings are shaped by distant events and, in turn, distant events are shaped by local happenings.” The IMF (2008) claims that globalization is a result of advancement in technologies and modernization of the people. It is the result of growing incorporation of economies in the world, predominantly through the movement of labor, technology, knowledge, services, merchandise and investments across international borders.
To understand the impact of globalization on human Resources you must understand what globalization is and what it does. Globalization is a “process by which the experience of everyday life, is made clear by the dissemination of goods and ideas, is becoming consistant globally. Aspects that have also added to globalization include increasingly sophisticated communications and transportation technologies and services, mass relocation along with the movement of peoples, a level of economic activity that has outgrown national markets through industrial combinations and commercial groupings that cross national frontiers, and international agreements that reduce the cost of doing business in foreign countries. Globalization offers huge potential profits to companies and nations but has been complicated by widely differing expectations, standards of living, cultures and values, and legal systems as well as unexpected global cause-and-effect linkages (Encyclopedia Britannica).” Globalization is a word in business that indicates the incorporation of an organization's operations, processes and strategies into various cultures, products, services and ideas. While globalization has evolved, the responsibility of human resource management should not be understated.
As such, it has been defined in several ways (Suarez-Orozco & Qin-Hilliard, 2004). However, the common understanding of globalisation is that it concerns economic changes adopted by nation-states as they enter the global market (Soros, 2002). Globalisation is generally understood as the removal of economic barriers to trade among nations, thereby, allowing the freer movements of goods, services, products, capital, knowledge, foreign investments and people (Soros, 2002; Balakrishnan, 2003; Fischer, 2003). It has been noted, that as globalisation drives economic changes, changes in the economic policies and fundamental principles underlying nation-states economic trading relations with other countries are also undertaken(Peet, 2003). In this regard, through globalisation, the global market economy has been opened, thus, making the world accessible and smaller at the same time.
The process of globalization is accelerated by the dynamic nature of technology, change in price, and liberalization of trade makes it easier for countries to merge their trade rules, minimizing competition. The countries of transition show integration of the global economy as characterized in specific regions. The concept of globalization is complex and controversial happening over time. The growth of globalization over the year’s takes time as numerous features requires the global economic integration. Globalization ensures internalization of the products produced by different countries.
DQ #1: Why do organizations miss the point when they focus on surface level behaviors? The important feature of economic development at the beginning of the XXI century is a move from an industrial to a postindustrial economy. Globalization and “dramatic advances in technology that sustains work across vast spatial and temporal boundaries” (Hinds, et al., 2011, p.135) facilitated greater economic, social, and cultural connectivity, and sometimes interdependence between people in different parts of the world (Mohammed, & Angell, 2004). Organizations structures broke the frames of functional departments and business divisions. To survive in contemporary business environment organizations have to radically adapt their cultures, structures, systems and processes to cope with increasing functional and cultural diversity.
Globalization is the growing interdependence of the world's people that involves the integration of economies, technologies, and cultures (Bradshaw). It is described as the increased movement of people, knowledge and ideas, and goods and money across national borders that have led to the increased interconnectedness among the world. Globalization is often thought of in economic terms but as we know there are three major components implicated with this idea including: economics, politics, and cultures. Some associate globalization with modernization whereas, it is perceived that there is an alteration of "traditional" societies into "Western" industrial ones. This challenges us into a debate of whether or not globalization is positive or negative.
Department managers play a critical role in leading change and in helping the organization reach their goals. These managers also help their organizations achieve their visions by inspiring the employees. Change is the process of making things different. As trends change, the way that an organization conducts business is also subject to change. The pace which organizations experience change has been accelerating as economic changes fluctuate and technology changes continue to advance.
Higgs, M. & Rowland, D. (2010): 'Emperors With Clothes On: The Role of Self-awareness in Developing Effective Change Leadership', Journal of Change Management, 10(4): 369 – 85 Klenke, K. (2008): Qualitative Research in the Study of Leadership, United Kingdom: Emerald Group Publishing Group Steers, R.M., Nardon, L. & Sanchez-Runde, C.J. (2013): Management Across Cultures Developing Global Competencies, New York: Cambridge University Press