Impact on HR due to Globalization - Human Resource Development - Lecture Slides, Slides of Human Resource Management

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“ Impact on human resource practices due to

globalization ”

What is globalization

 …Integration of business activities across geographical and organizational boundaries ”(Ray Reilly)

 “... the process by which markets expand to include competitors for customers and productive inputs without regard to national boundaries ”(Paul Danos)

 “… Doing business with a world-wide focus.rather then doing business in an international market with the focus from a home-country viewpoint ”(Lawrason Thomas)

HR PRACTICES WHICH ARE

CRITICAL TO ECONOMIC

SUSTAINABILITY?

GLOBALIZATION

Employment security

GLOBALIZATION

Selective hiring of new

personnel

GLOBALIZATION

Self-managed teams and

decentralisation of decision-

making

GLOBALIZATION

High compensation contingent

on organisational performance

GLOBALIZATION

Extensive training and

development

GLOBALIZATION

Continuous improvement HR

programs

GLOBALIZATION

Reduced status distinctions

and barriers

GLOBALIZATION

Sharing of financial and

performance information

GLOBALIZATION

Trust between management

and employees at all

organisational levels

GLOBALIZATION

Efficient and effective use of

new information technologies