Globalization In Hrm

1295 Words6 Pages
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. Globalization has steered changes in organizational strategy and organization structures, therefore increasing proficiency. The internationalization process has made it essential to consider different ways to successfully manage human resources globally (source Unknown).
Globalization of Human Resource Management and Its Impact
The internalization of business has proceeded at rapid pace. Many U.S. companies, relative to size, have both received substantial amounts of profit and s...

... middle of paper ...

...cludes marketing, sales, and operations have made an abundant of progression in adjusting to the globalization of HRM. However, the HR task typically lagged in areas such as policies and structures that boost globalization. The top challenges HRM faces in the globalization compromises of: comprehending the constant change of the global environment; building cognizance of global HRM and creating multicultural teams (Rioux, Bernthal , & Wellins ).
Conclusion
The progression of globalizing resources, both human and otherwise, can be a task for any company. Organizations need to realize that their global HRM function can help them develop their present skills thru numerous geographic and cultural limitations. Global organizations need to contribute and integrate their HRM affairs to contend with the trials they encounter if they want to build a truly global workforce.
Get Access