How Globalization Has Affected HRM: Prepared By:-Tamanna

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HOW GLOBALIZATION HAS

AFFECTED HRM
Prepared By:Tamanna

WHAT IS GLOBALIZATION?
Process of interaction and integration
among the people, companies, and
governments of different nations,
a process driven by international
trade and investment and aided by
information technology.

HRM
The effective use of people to
achieve both individual and
organizational goals .
People dimension in management .
Policies and practices you need to
carry out the people or human
aspects of a management position .

HRM-CHALLENGES IN
GLOBAL MARAKETS
Culture
Economic System
Political System-the legal framework
and
Human capital

Dealing with the big boys, the fund


managers
Concerns over possibility of fraud in Ecommerce
Implementing prescriptions for
recovery and growth taking in to
consideration the development agenda
and unique circumstances of individual
country.

STRATEGIC HRM
HRM should be fully integrated with
the strategy and the strategic needs of
the firm
HR policies should cohere both across
policy areas and across hierarchies;
HR practices should be adjusted,
accepted, and used by line managers
and employees as part of their
everyday work.

IMPLICATIONS OF HRM
PRACTICES
internal career opportunity
formal training systems
appraisal measures
profit sharing
employment security
voice mechanisms
job analysis

THANK YOU

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