Effects of Globalization on Human Resources Management

Effects of Globalization on Human Resources Management

Globalization of Human Capital

Globalization has attracted the mind of every successful businessman and the concept of Global Village is a common issue in the modern business world. What really the globalization is? The answer seems simple "if a firm or an organization expands its sales or production beyond the national boundaries, then itis globalization", but it does not cover the real meaning of the term. Globalization actually means more, much more than that; it is realizing that there is a big world out there, geographically, that reaches far beyond our small community and that the world is getting closer to us all the time. Globalization is the realization that, whether we like it or not, this big world is becoming an ever increasing factor in our daily lives. The concept of globalization today has invaded the globe and the national boundaries have been virtually eliminated. So what is the effect of this? Simple, the world today has become a small but a very complex and dynamic neighborhood. Today we live in a global village and this means that our activities have crossed the national boundaries to become

Globalization mainly effected following area oh HRM

Recruitment

Globalization makes for a larger labor pool from which to choose, but it also increases the possibility of language and cultural barriers in the recruitment process. If the company does not address such barriers, it can make the recruitment process increasingly time-consuming and difficult. Human resource managers must adapt to the different customs and cultures when hiring employees in different countries. Language barriers also may necessitate hiring bilingual employees and adapting employee documents, such as employee manuals and training materials, into different languages.

Labor Laws

Labor laws can differ greatly from one country to the next. With increasing globalization, human resources managers must stay abreast of the labor laws of the countries in which they operate to ensure that the company is not inadvertently breaking these laws. Additionally, human resource management should make certain that they are not taking advantage of labor laws that may be more tax in other countries than those in their native country. For example, child labor is illegal in the United States, but in different countries, this is not the case. Human resources management should implement hiring and training practices that are consistent for all countries in which the company operates.

Labor Force Implications

Globalization has a significant effect on the labor force of a company. It allows for more diversity within the corporation as well as economic growth for the countries in which the company is hiring. However, unless the corporation is creating new jobs in different countries and not simply moving existing jobs from one country to another, job growth for one country equals job losses for another. Human resources manager should be aware of the negative effect downsizing can have on employee morale because decreased morale often leads to decreased production. Human resources should have proactive procedures in place that address such morale issues.

References

Lucidchart.com. (2019). 4 Fundamental Change Management Models | Lucidchart Blog. [online] Available at: https://www.lucidchart.com/blog/four-fundamental-change-management-models [Accessed 3 Jan. 2019].

Vilnius University: Globalization and Human Resources Management; Rima Cesyniene; 2008

Development Dimensions International: The Globalization of Human Resource Practices; Dr. Sheila M.

 Effects of Globalization on Human Resources Management

Globalization of Human Capital

Globalization has attracted the mind of every successful businessman and the concept of Global Village is a common issue in the modern business world. What really the globalization is? The answer seems simple "if a firm or an organization expands its sales or production beyond the national boundaries, then itis globalization", but it does not cover the real meaning of the term. Globalization actually means more, much more than that; it is realizing that there is a big world out there, geographically, that reaches far beyond our small community and that the world is getting closer to us all the time. Globalization is the realization that, whether we like it or not, this big world is becoming an ever increasing factor in our daily lives. The concept of globalization today has invaded the globe and the national boundaries have been virtually eliminated. So what is the effect of this? Simple, the world today has become a small but a very complex and dynamic neighborhood. Today we live in a global village and this means that our activities have crossed the national boundaries to become

Globalization mainly effected following area oh HRM

Recruitment

Globalization makes for a larger labor pool from which to choose, but it also increases the possibility of language and cultural barriers in the recruitment process. If the company does not address such barriers, it can make the recruitment process increasingly time-consuming and difficult. Human resource managers must adapt to the different customs and cultures when hiring employees in different countries. Language barriers also may necessitate hiring bilingual employees and adapting employee documents, such as employee manuals and training materials, into different languages.

Labor Laws

Labor laws can differ greatly from one country to the next. With increasing globalization, human resources managers must stay abreast of the labor laws of the countries in which they operate to ensure that the company is not inadvertently breaking these laws. Additionally, human resource management should make certain that they are not taking advantage of labor laws that may be more tax in other countries than those in their native country. For example, child labor is illegal in the United States, but in different countries, this is not the case. Human resources management should implement hiring and training practices that are consistent for all countries in which the company operates.

Labor Force Implications

Globalization has a significant effect on the labor force of a company. It allows for more diversity within the corporation as well as economic growth for the countries in which the company is hiring. However, unless the corporation is creating new jobs in different countries and not simply moving existing jobs from one country to another, job growth for one country equals job losses for another. Human resources manager should be aware of the negative effect downsizing can have on employee morale because decreased morale often leads to decreased production. Human resources should have proactive procedures in place that address such morale issues.

References

Lucidchart.com. (2019). 4 Fundamental Change Management Models | Lucidchart Blog. [online] Available at: https://www.lucidchart.com/blog/four-fundamental-change-management-models [Accessed 3 Jan. 2019].

Vilnius University: Globalization and Human Resources Management; Rima Cesyniene; 2008

Development Dimensions International: The Globalization of Human Resource Practices; Dr. Sheila M.

 Effects of Globalization on Human Resources Management

Globalization of Human Capital

Globalization has attracted the mind of every successful businessman and the concept of Global Village is a common issue in the modern business world. What really the globalization is? The answer seems simple "if a firm or an organization expands its sales or production beyond the national boundaries, then itis globalization", but it does not cover the real meaning of the term. Globalization actually means more, much more than that; it is realizing that there is a big world out there, geographically, that reaches far beyond our small community and that the world is getting closer to us all the time. Globalization is the realization that, whether we like it or not, this big world is becoming an ever increasing factor in our daily lives. The concept of globalization today has invaded the globe and the national boundaries have been virtually eliminated. So what is the effect of this? Simple, the world today has become a small but a very complex and dynamic neighborhood. Today we live in a global village and this means that our activities have crossed the national boundaries to become

Globalization mainly effected following area oh HRM

Recruitment

Globalization makes for a larger labor pool from which to choose, but it also increases the possibility of language and cultural barriers in the recruitment process. If the company does not address such barriers, it can make the recruitment process increasingly time-consuming and difficult. Human resource managers must adapt to the different customs and cultures when hiring employees in different countries. Language barriers also may necessitate hiring bilingual employees and adapting employee documents, such as employee manuals and training materials, into different languages.

Labor Laws

Labor laws can differ greatly from one country to the next. With increasing globalization, human resources managers must stay abreast of the labor laws of the countries in which they operate to ensure that the company is not inadvertently breaking these laws. Additionally, human resource management should make certain that they are not taking advantage of labor laws that may be more tax in other countries than those in their native country. For example, child labor is illegal in the United States, but in different countries, this is not the case. Human resources management should implement hiring and training practices that are consistent for all countries in which the company operates.

Labor Force Implications

Globalization has a significant effect on the labor force of a company. It allows for more diversity within the corporation as well as economic growth for the countries in which the company is hiring. However, unless the corporation is creating new jobs in different countries and not simply moving existing jobs from one country to another, job growth for one country equals job losses for another. Human resources manager should be aware of the negative effect downsizing can have on employee morale because decreased morale often leads to decreased production. Human resources should have proactive procedures in place that address such morale issues.

References

Lucidchart.com. (2019). 4 Fundamental Change Management Models | Lucidchart Blog. [online] Available at: https://www.lucidchart.com/blog/four-fundamental-change-management-models [Accessed 3 Jan. 2019].

Vilnius University: Globalization and Human Resources Management; Rima Cesyniene; 2008

Development Dimensions International: The Globalization of Human Resource Practices; Dr. Sheila M.

 Effects of Globalization on Human Resources Management

Globalization of Human Capital

Globalization has attracted the mind of every successful businessman and the concept of Global Village is a common issue in the modern business world. What really the globalization is? The answer seems simple "if a firm or an organization expands its sales or production beyond the national boundaries, then itis globalization", but it does not cover the real meaning of the term. Globalization actually means more, much more than that; it is realizing that there is a big world out there, geographically, that reaches far beyond our small community and that the world is getting closer to us all the time. Globalization is the realization that, whether we like it or not, this big world is becoming an ever increasing factor in our daily lives. The concept of globalization today has invaded the globe and the national boundaries have been virtually eliminated. So what is the effect of this? Simple, the world today has become a small but a very complex and dynamic neighborhood. Today we live in a global village and this means that our activities have crossed the national boundaries to become

Globalization mainly effected following area oh HRM

Recruitment

Globalization makes for a larger labor pool from which to choose, but it also increases the possibility of language and cultural barriers in the recruitment process. If the company does not address such barriers, it can make the recruitment process increasingly time-consuming and difficult. Human resource managers must adapt to the different customs and cultures when hiring employees in different countries. Language barriers also may necessitate hiring bilingual employees and adapting employee documents, such as employee manuals and training materials, into different languages.

Labor Laws

Labor laws can differ greatly from one country to the next. With increasing globalization, human resources managers must stay abreast of the labor laws of the countries in which they operate to ensure that the company is not inadvertently breaking these laws. Additionally, human resource management should make certain that they are not taking advantage of labor laws that may be more tax in other countries than those in their native country. For example, child labor is illegal in the United States, but in different countries, this is not the case. Human resources management should implement hiring and training practices that are consistent for all countries in which the company operates.

Labor Force Implications

Globalization has a significant effect on the labor force of a company. It allows for more diversity within the corporation as well as economic growth for the countries in which the company is hiring. However, unless the corporation is creating new jobs in different countries and not simply moving existing jobs from one country to another, job growth for one country equals job losses for another. Human resources manager should be aware of the negative effect downsizing can have on employee morale because decreased morale often leads to decreased production. Human resources should have proactive procedures in place that address such morale issues.

References

Lucidchart.com. (2019). 4 Fundamental Change Management Models | Lucidchart Blog. [online] Available at: https://www.lucidchart.com/blog/four-fundamental-change-management-models [Accessed 3 Jan. 2019].

Vilnius University: Globalization and Human Resources Management; Rima Cesyniene; 2008

Development Dimensions International: The Globalization of Human Resource Practices; Dr. Sheila M.

 Effects of Globalization on Human Resources Management

Globalization of Human Capital

Globalization has attracted the mind of every successful businessman and the concept of Global Village is a common issue in the modern business world. What really the globalization is? The answer seems simple "if a firm or an organization expands its sales or production beyond the national boundaries, then itis globalization", but it does not cover the real meaning of the term. Globalization actually means more, much more than that; it is realizing that there is a big world out there, geographically, that reaches far beyond our small community and that the world is getting closer to us all the time. Globalization is the realization that, whether we like it or not, this big world is becoming an ever increasing factor in our daily lives. The concept of globalization today has invaded the globe and the national boundaries have been virtually eliminated. So what is the effect of this? Simple, the world today has become a small but a very complex and dynamic neighborhood. Today we live in a global village and this means that our activities have crossed the national boundaries to become

Globalization mainly effected following area oh HRM

Recruitment

Globalization makes for a larger labor pool from which to choose, but it also increases the possibility of language and cultural barriers in the recruitment process. If the company does not address such barriers, it can make the recruitment process increasingly time-consuming and difficult. Human resource managers must adapt to the different customs and cultures when hiring employees in different countries. Language barriers also may necessitate hiring bilingual employees and adapting employee documents, such as employee manuals and training materials, into different languages.

Labor Laws

Labor laws can differ greatly from one country to the next. With increasing globalization, human resources managers must stay abreast of the labor laws of the countries in which they operate to ensure that the company is not inadvertently breaking these laws. Additionally, human resource management should make certain that they are not taking advantage of labor laws that may be more tax in other countries than those in their native country. For example, child labor is illegal in the United States, but in different countries, this is not the case. Human resources management should implement hiring and training practices that are consistent for all countries in which the company operates.

Labor Force Implications

Globalization has a significant effect on the labor force of a company. It allows for more diversity within the corporation as well as economic growth for the countries in which the company is hiring. However, unless the corporation is creating new jobs in different countries and not simply moving existing jobs from one country to another, job growth for one country equals job losses for another. Human resources manager should be aware of the negative effect downsizing can have on employee morale because decreased morale often leads to decreased production. Human resources should have proactive procedures in place that address such morale issues.

References

Lucidchart.com. (2019). 4 Fundamental Change Management Models | Lucidchart Blog. [online] Available at: https://www.lucidchart.com/blog/four-fundamental-change-management-models [Accessed 3 Jan. 2019].

Vilnius University: Globalization and Human Resources Management; Rima Cesyniene; 2008

Development Dimensions International: The Globalization of Human Resource Practices; Dr. Sheila M.

Effects of Globalization on Human Resources Management

 Globalization of Human Capital

Globalization has attracted the mind of every successful businessman and the concept of Global Village is a common issue in the modern business world. What really the globalization is? The answer seems simple "if a firm or an organization expands its sales or production beyond the national boundaries, then it is globalization", but it does not cover the real meaning of the term. Globalization actually means more, much more than that; it is realizing that there is a big world out there, geographically, that reaches far beyond our small community and that the world is getting closer to us all the time. Globalization is the realization that, whether we like it or not, this big world is becoming an ever increasing factor in our daily lives. The concept of globalization today has invaded the globe and the national boundaries have been virtually eliminated. So what is the effect of this? Simple, the world today has become a small but a very complex and dynamic neighborhood. Today we live in a global village and this means that our activities have crossed the national boundaries to become

Globalization mainly effected following area oh HRM

Recruitment

Globalization makes for a larger labor pool from which to choose, but it also increases the possibility of language and cultural barriers in the recruitment process. If the company does not address such barriers, it can make the recruitment process increasingly time-consuming and difficult. Human resource managers must adapt to the different customs and cultures when hiring employees in different countries. Language barriers also may necessitate hiring bilingual employees and adapting employee documents, such as employee manuals and training materials, into different languages.

Labor Laws

Labor laws can differ greatly from one country to the next. With increasing globalization, human resources managers must stay abreast of the labor laws of the countries in which they operate to ensure that the company is not inadvertently breaking these laws. Additionally, human resource management should make certain that they are not taking advantage of labor laws that may be more tax in other countries than those in their native country. For example, child labor is illegal in the United States, but in different countries, this is not the case. Human resources management should implement hiring and training practices that are consistent for all countries in which the company operates.

Labor Force Implications

Globalization has a significant effect on the labor force of a company. It allows for more diversity within the corporation as well as economic growth for the countries in which the company is hiring. However, unless the corporation is creating new jobs in different countries and not simply moving existing jobs from one country to another, job growth for one country equals job losses for another. Human resources manager should be aware of the negative effect downsizing can have on employee morale because decreased morale often leads to decreased production. Human resources should have proactive procedures in place that address such morale issues.

References

Lucidchart.com. (2019). 4 Fundamental Change Management Models | Lucidchart Blog. [online] Available at: https://www.lucidchart.com/blog/four-fundamental-change-management-models [Accessed 3 Jan. 2019].

Vilnius University: Globalization and Human Resources Management; Rima Cesyniene; 2008

Development Dimensions International: The Globalization of Human Resource Practices; Dr. Sheila.