Globalization can in general be described as the growing interaction amongst integration of activities. This mostly affects economic activities of human societies around the world. Nevertheless more realistically, globalization refers to the increasing economic interdependence of countries or states internationally through the escalating amount and variety of cross-border relations and transactions in goods and services and of global capital stream. It is also through the extra speedy and widespread diffusion of technology. In this case therefore, globalization includes both a description and a prescription.
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.
International politics offers many examples of both globalization and localization. Currently, a trend from localization to globalization has been ignited by technologically advanced communication. Both globalization and localization have costs and benefits that effect a country's politics, economics, and culture. To begin, globalization is a process of nations, corporations, and individuals moving from a national level to an international level. James Rosenau states, "Globalization seems appropriate to denote the something that is changing humankind's preoccupation with territoriality and traditional arrangements of the state system (Purkitt, 15)."
 Thomas L. Friedman "examines the impact of the 'flattening' of the globe", and argues that globalized trade, outsourcing, supply-chaining, and political forces have changed the world permanently, for both better and worse. He also argues that the pace of globalization is quickening and will continue to have a growing impact on business organization and practice.  Noam Chomsky argues that the word globalization is also used, in a doctrinal sense, to describe the neoliberal form of economic globalization.  Herman E. Daly argues that sometimes the terms internationalization and globalization are used interchangeably but there is a slight formal difference. The term "internationalization" refers to the importance of international trade, relations, treaties etc.
Moreover the interconnections of economies will increase both opportunities for the business and competition among them. Zhu (2009) argues that globalization has two different parts namely Globalization of markets and Globalization of productions. Globalization of markets is about fusion of national markets, which are traditionally distinctive and separate, into one huge global market. Here the markets which are physically separated by national boundaries will be merged conceptually with the help of technologies and policies and then perform the business globally (Zhu, 2009). Ex.
It is closely associated with economic globalization, which is “the process by which markets and production in different countries are becoming increasingly interdependent due to the dynamics of trade in goods and services and flows of capital and technology” (Held 92). However, it is not only driven by economic factors, but also a combination of the economic factors with the technological, biological, political, and socio-cultural factors (Croucher 10). Globalization has also been defined as a positive factor in the disintegration of various national boundaries in the favor of a shared culture and global economy, as well as worldwide political integration. It appears to be an unstoppable progression, and its likely consequences and impacts are the same across many nations. There are benefits to the less developed countries and cultures such as the chances of improving their economic conditions, sharing in the new global economy, as well as improving their citizenry political freedoms.
Globalization is necessary in the world. Different theories on the concept of globalization provide distinct reasons on the need for globalization. The world’s advancements and technology help drive the need for globalization. Communities and organizations alike are affected by globalization, and smaller countries benefit from the generosity of larger participants in the world’s market. Globalization, in the business sense, is to make a product or service available in the global market.
To be successful in today’s global market, managers and leaders need to understand more than just technical skills. Managers and leaders should also understand globalization and organizational behavior. Globalization is the tendency of businesses, technologies, or philosophies to spread throughout the world, or the process of making this happen. The global economy is sometimes referred to as a globality, characterized as a totally interconnected marketplace, unhampered by time zones or national boundaries (Search CIO). Organizational behavior is a field of study that studies individuals groups, and structure.
Globalization impacts our work, lives and world in a complex array of ways. Globalization is sometimes narrowed down to the areas of economics and trade, but with the notions of interconnectedness and interdependence, globalization shows itself in many ways. It interweaves lives, communities, companies, countries and continents. Globalization is how cultures and societies develop, how ideas moving around the world and, and how people interact around the world. With the 20th century being a century of two world wars, globalization was set back in the interwar periods, as governments retreated to financial autocracy and trade protectionism.
Introduction Globalization becomes important today because increasing in depending to the world. Globalization can be determined as increasing in trade and exchange in open economy, integrated and borderless international economy (Intriligator, 2003). Globalization is often used to refer to economic globalization. The integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. Besides that, globalization also can be defined as process of greater interdependence among countries and their citizens.