Short summary:-
In this assignment we are going to discuss how to manage workforce of organization through HRM. In organization why we need to mange workforce? How to achieve organization goal & its objectives through HRM? In organization what are challenges for HRM department? Etc...
Introduction:-
Now a day we known world is changing very fast. Every organization going international level, we see the organization have braches in different country. However, today the world become small like village & is changing day by day more rapidly because of globalization.
Looking this changing around world then we have to prepare HRM for our organization because this changing of world affect our work. This means considerate the allegation of globalization, global economy, competition, technological advancement, knowledge based economy, more expectation from employee, workforce diversity and etc... Let’s see some of them how this changing effect HRM goals, objectives & practice.
Globalization:-
Fast changing of world & its environment, the organization members face the globalization of business. Now day’s organization is no longer controlled by nationwide boundaries.
Example: - BMW, this company owned from Germany but this company manufacture its Cars in South Carolina. Same McDonald’s have braches in different country around the world; they sale “Hamburgers” in china. American company Exxon is collecting it sale revenue more than “three-fourths” outside of USA.
This example
References: Derek Torrington, Laura Hall, Steven Taylor. 1st ed (2009), Fundamental of HRM: Managing people at Work Briscoe D and Schuller R (2004) International Human Resource Management, 2nd ed., London: Routledge Sparrow P et alia, (2004), Globalising Human Resource Management Mullins L J (1999) Management and Organisational Behaviour, London: FT/Prentice Hall Torrington D, Hall L & Taylor S (1998), Human Resource Management, 5th ed Prentice Hall Maund L (2001) An Introduction to Human Resource Management: Theory and Practice, New York: Palgrave Greer C R (2001) Strategic Human Resource Management: A General Managerial Perspective, N.J.: FT Prentice Hall Armstrong M (2007) A Handbook for Employee Reward Management and Practice, 2nd ed., London: Kogan Page Armstrong M (2009) Armstrong’s Handbook of Human Resource Management Practice 11th Ed.