How globalisation has influenced the evolution towards a more significant and strategic Human Resource Management functions?
From United Kingdom, Kingston Upon Thames
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From United Kingdom, Kingston Upon Thames
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globalisation have given challenges like cross cultures, and meeting with different type of people from different continents with different mentality and different ways of doing work.
From India, Bangalore
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47From India, Bangalore
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My thoughts on the subject are:
An organization achieves its business goals through its people only. Globalization brought in its wake competition to the business in respect of the quality of services and goods, as well as transnational employment opportunities and a widening employment market within India. This led to new challenges to HR in the form of workplace diversity, looking for core competencies at the time of hiring, developing cutting-edge competencies in the existing staff, and the problem of retention of talent.
In the process of dealing with these challenges, HR evolved by being innovative in introducing various initiatives to retain talent, such as employee engagement, rewards and retention, learning and development, and acting as a change agent in building a value-based culture. HR also assumed a leadership role in achieving business goals by aligning employees' core competencies and performance with business goals. Thus, HR is on the path of evolving itself as a strategic partner in the business.
Regards,
B. Saikumar
From India, Mumbai
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An organization achieves its business goals through its people only. Globalization brought in its wake competition to the business in respect of the quality of services and goods, as well as transnational employment opportunities and a widening employment market within India. This led to new challenges to HR in the form of workplace diversity, looking for core competencies at the time of hiring, developing cutting-edge competencies in the existing staff, and the problem of retention of talent.
In the process of dealing with these challenges, HR evolved by being innovative in introducing various initiatives to retain talent, such as employee engagement, rewards and retention, learning and development, and acting as a change agent in building a value-based culture. HR also assumed a leadership role in achieving business goals by aligning employees' core competencies and performance with business goals. Thus, HR is on the path of evolving itself as a strategic partner in the business.
Regards,
B. Saikumar
From India, Mumbai
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