Globalisation Impact on Human Resource Manage...

Globalisation Impact on Human Resource Management

Author Name : Dr. Prabhat Kumar Pani, Dr. Mohit Kumar

DOI: https://doi.org/10.56025/IJARESM.2022.1010163

ABSTRACT

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. This article 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.

Technology has changed everything with great extent, the methods of production, the process of recruitment, the training techniques, and new equipment etc. Now it is up to HR personnel to work with their functions to best manage the workforce. In the present article we have discussed those foremost issues and challenges which are confronting today organization. To overcome these issues and challenges the HR mangers will have to build a standard structure that allows managing all different workforce alternatives in order to maintain competitive advantages.

Keywords: Globalization, Human Resource Management, Challenges, Competitiveness, Technology.