"
Globalization
and Human Resources Management”
As a result of globalization, many
firms have begun to compete on a worldwide basis. This situation has led Human
Resources Management to gain more importance in the global arena and international
Human Resource Management field. Over the past few decades, international Human
Resource Management has become an important segment of Human Resource Management.
The increasing globalization of business has required organisations to manage
their workforce effectively. Managing a foreign workforce can differ
drastically from managing a domestic one. Human Resource Management in the
international context requires managing diverse workforce originating from
different nationalities with various cultures. Therefore, workforce diversity
has become increasingly important for organisations that plan to expand into
global markets and target different consumer groups.
Organisations can adopt different
approaches for managing their workforce and every function of HRM systems
should be designed consistent to the workforce diversity of the organisation.
The preliminary function of global
Human Resource Management is that the organisation carries a local appeal in
the host country despite maintaining an international feel. To exemplify, any
multinational / international company would not like to be called as local,
however the same wants a domestic touch in the host country and there lies the
challenge.
Global HRM therefore is a very
challenging front in HRM. If one is able to strike the right chord in designing
structures and controls, the job is half done. Subsidiaries are held together
by global HRM, different subsidiaries can function operate coherently only when
it is enabled by efficient structures and controls.
The main reason for the growth of the
internationalization with respect to employment is the cultural differences in
terms of national values and attitudes. Thus a lot of care must be taken to adopt, improve
and standardize culturally suitable human resource management plan, policy and
performance (Sparrow, 2006).
Reference:
Adonoo, S. (2011). Human Resource
Management in the context of a global company. [ebook] Available at:
https://www.grin.com/document/196467 [Accessed 6 Jan. 2019].
(Sparrow, 2006) cited at UKEssays.
November 2013. HRM in an international context. [online]. Available from:
https://www.ukessays.com/essays/management/hrm-in-an-international-context-management-essay.php?vref=1
[Accessed 6 January 2019].
Nice to read....good article
ReplyDeleteThank you Sampath
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