WINTER 2014
PROGRAM
MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
SEMESTER
1
SUBJECT CODE & NAME
MB0043 –Human Resource Management
BK ID
B1626
CREDIT & MARKS
4 Credits, 60 marks
Q.1 Discuss the impact of Globalization on HR
Diversity Recruitment
With the rise of globalization, companies of all sizes are now interacting with customers and stakeholders from diverse cultures, languages and social backgrounds. In response, many human resources managers seek to hire employees from equally diverse backgrounds.
Push for Professional Development
A further effect of globalization on HR management is a push for professional development. Professional development is concerned with providing employees opportunities to achieve their career-related goals. Some organizations provide resources for their employees to earn a university degree, others send their employees to conferences or networking events and training days. Professional development is important to globalization because it creates a win-win situation. Related Reading: Differences Between Human Resource Management Systems & Human Resource Information Systems
Greater Emphasis on Training
Similar to professional development, a greater emphasis on training has resulted because of globalization in human resources management. Training, however, tends to be focused on the needs and professional competencies of groups of employees within the organization. The company might, for instance, host language classes to give its call center staff an edge in telephone sales. It might also teach its employees how to use a new global software platform. This emphasis on training seeks to give the company a competitive edge in the global marketplace by honing the employees' diversity emphasis.
Management of Laws Across Jurisdictions
A final effect of globalization on human resources management is the need for businesses to