Critical Analysis of Globalisation Implications on HRM and Future Essay

Critical Analysis of Globalisation Implications on HRM and Future Challenges for People Management within Organisational Setting - Essay Example , this has resulted into unprecedented results such as increased competitiveness among private and public sectors in numerous countries around the world. There are significant measures that are taken by human resource managers to gather information regarding development strategies that are vital in human resource management. Therefore, in different organizations around, human resource departments are focusing on implementing strategies that facilitate transformation of business in order to cope with modern challenges and exploit opportunities in the business environment (Belcourt & McBey, 2010 6). Globalisation has facilitated significant transformation of human resource; in this case, businesses can connect to new places around the world, and managers can make decisions that are supported by information gathered from different parts of the world. In addition, globalisation is widening talents through development of pools comprising of marginal, permanent or fluid employees. Globalis ation has also promoted processes of establishing a market oriented development strategy, thereby creating more opportunities to world’s economy. In this case, the world has been converted in to a single interdependent global market place, which is attributed to increasing competition and economic change; in fact, these changes have a significant degree of unpredictability (Ozbilgin, 2005, 45). Competitiveness has been established on a state or enterprises level, where value is added to global economic products, services and process that involve human resources. Therefore, this competition calls for knowledge and skills, which are offered by human resources in organizations. Furthermore, knowledge and skills are crucial elements of a workforce, and they have become sources of competitive... This essay stresses that organizations are expected to comply with all rule and regulations formulated by the government. In this way, theses organizations can avoid facing challenges resulting from changes in legal and political environment. Different organizations around the world are competing with an aim of attaining good public image that can result high profitability. Therefore, considering challenges that have been identified, HR managers are expected to take responsibility of training workers on ways to offer quality products and services to customers. Through this way, organizations can generate sufficient profits that can support them during economic recessions. The paper has conducted a critical analysis of globalisation implications on human resource management, and it has identified and discussed future challenges that are likely to be faced by HR managers within organization setting. The paper began with introduction section that gave an overview of globalisation and future challenges of human resource management. The other section covered a critical analysis of impact of globalisation on the HR management. In this section, the paper outlined and discussed in great lengths, factors that has promoted globalisation in human resource field. Finally, the last section explored future challenges that are likely to be faced by human resource managers, thereby identifying remedies to solve these challenges.