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Paper Title: Impact of Globalization on Human Resource Management
Authors Name: Dr. Jai Kumar Sharma
Unique Id: IJSDR1902015
Published In: Volume 4 Issue 2, February-2019
Abstract: Globalization is characterized by the free flow of technology and human resources across national boundaries presenting an ever-changing competitive business environment. In the global competition within the flat and connected new world, decision making in organizations has become increasingly intricate and convoluted. The new global world has widened the talent pool for excellent and marginal workers, and for permanent and fluid workers. The pace of globalization is increasing continuously in terms of markets for goods and services, investment and business opportunities within one or more organizations. This transformation caused by globalization affects all the department in an organization in which human resource management is not left out in this transformation crusade as it has obligation to move along with the changing demands of the globalization process. The roles and responsibilities of Human Resources departments are transforming as the modern business faces pressures of globalization. The global supply of talent is short of its long-term demand, and the gap is a challenge for employers everywhere. Now organizations need to place greater emphasis on attracting human capital rather than financial capital. Global staffing and management of a workforce diverse in culture and language skills, and dispersed in different nations are the key goals of global human resources. This paper examines the impact of the workforce on Human Resource Management either locally or internationally also it revealed the various factors driving globalization in the workforce and the issues and challenges that confront the Human Resource Management in the global markets, and also the benefits of globalization Human Resource Information System (HRIS) to the Human Resource (HR) department.
Keywords: Globalization, Investment, Human Resource Management, Business, and Human Resources Information System.
Cite Article: "Impact of Globalization on Human Resource Management", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.4, Issue 2, page no.82 - 87, February-2019, Available :http://www.ijsdr.org/papers/IJSDR1902015.pdf
Downloads: 000201509
Publication Details: Published Paper ID: IJSDR1902015
Registration ID:190081
Published In: Volume 4 Issue 2, February-2019
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Page No: 82 - 87
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631

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