Professional Documents
Culture Documents
Ihrm Ass 3 Sep-Dec
Ihrm Ass 3 Sep-Dec
Ihrm Ass 3 Sep-Dec
NAMES: REG:
1.5 spacing
Soln
In the twenty-first century, HR jobs have taken on a whole new meaning, especially because
of globalization. Manpower management is a taxing job that necessitates specific knowledge.
Many shifts have occurred in the last few years, such as due to massive layoffs in; many
people lost their employment, putting a lot of strain on the economy. Management of the
organization should re-evaluate its procedures and strategies [1].
I. Reducing employee turnover
It has become a major difficulty to keep individuals from looking for new jobs in
the current environment when there are many of them. It has been noted that firms
have opened doors to make global hiring; as a result, HR managers must build
better retention policies. We recognize that all people are unique, and companies
must adopt a variety of strategies to motivate and retain their employees. Financial
incentives are no longer seen as a means of retaining employees. Every firm must
embrace fresh and cutting-edge methods for pleasing its employees, which will
aid in lowering the rate of turnover [2].
II. Labour relations
One of the biggest complex problems of modern industrial society is labour laws.
The progress of any industry is quite impossible without worker cooperation and
harmonious relationships [3]. Therefore, it is in interest of HR managers to
develop and maintain healthy relationships between worker/labours (employees)
and management (employers). It’s usually not in the best interest for MNC to have
their workers unionize rather they would prefer a close understanding amongst
themselves. This is a key area for Hr managers practicing within IHRM who need
to try fit the organisations goals while still maintaining a healthy relationship with
the workforce
III. Recruitment & selection
One of the first function of HR is to locate the people with needed expertise for
the progression of a company [4]. The quality of people hired depends highly on
how effective recruitment & selection strategies are. However, this process of
recruitment & selection is faced with many challenges due to globalization that
has allowed firms to invest overseas. The balancing of locals to expatriates has
both its advantages and disadvantages leaving HR managers at a tough spot. Other
problems faced during the process may include the cost of advertising job
openings while intangible obstacles can be communication gaps between
recruiters and hiring managers. We all know that each person is unique; even the
hiring committee will make decisions based on their own perceptions, influenced
by their values, beliefs, and social views, making it difficult to rule out the
possibility of prejudice. Multinational and local enterprises' human resources
departments are going through a tough time. Businesses are having difficulty
finding qualified candidates. It is critical for 21st-century managers to extend their
vision of judging individuals based on their origin, culture, values, ethnicity, and
background to select the cream of bright people from the entire pool.
IV. Promoting organization culture & heterogeneous workforce
Due to globalisation, it has resulted to a unique understanding of incorporating
both locals and expatriates. The organizations today are having heterogeneous
workforce, which is off course considered to be a positive thing as diverse minds
will guide to new creations & ideas, but managing the culture where people have
different mindsets and putting across the cultural values is indeed a challenging
task. Culture of any workplace is its root and hence HR managers really must put
a lot of effort for developing a successful organization culture [5].