megatrends
Mega Trends
Submitted to
Amarachi Amuago
University of Bedfordshire
International BUSINESS Environment
by
PRIYAM RANA
Student ID: 1322758
NOVEMBER 2013
EXECUTIVE SUMMARY
In this assignment I have written down about the megatrends the trends which are shaping work and workforce and working place. This is a market study done by CIPD in previous and this year. I have written down that how the trends have affects our global economy in previous 30 years and how there are some future trends going to affect our management. These are like globalisation and de – industrialisation, demographic change, female labour participation increase and many more. I have also given evidence about these trends. In this study I have also written that how the multinational companies can manage the trends for their profit. In this I have give PESTEL theory that how the trends affect on politics, economic, social, technologically, environmentally and legally on the organisation. Because of trends companies have to change their policies. The technology increase and they make some legal changes in laws because of female worker was also working in the company. This all means that in a company the work of an hr manager become hard and void. Which mean that an hr manager have to be multi skilled which can improve the productivity in less amount and have best employees in less salary. I also tell that in the past women employees are not able to do work freely because they were not allowed for that. After a long time and revolution female finally get the right to vote in 1880’s. And they get right to work. I mention that in future the trends will become reversed. The employee gives attention to fanatical and social performance and savings. The megatrends have made changes in our work, workforce and workplace in past but they are going to make changes in future also.
Contents
1.0 INTRODUCTION
The
Submitted to
Amarachi Amuago
University of Bedfordshire
International BUSINESS Environment
by
PRIYAM RANA
Student ID: 1322758
NOVEMBER 2013
EXECUTIVE SUMMARY
In this assignment I have written down about the megatrends the trends which are shaping work and workforce and working place. This is a market study done by CIPD in previous and this year. I have written down that how the trends have affects our global economy in previous 30 years and how there are some future trends going to affect our management. These are like globalisation and de – industrialisation, demographic change, female labour participation increase and many more. I have also given evidence about these trends. In this study I have also written that how the multinational companies can manage the trends for their profit. In this I have give PESTEL theory that how the trends affect on politics, economic, social, technologically, environmentally and legally on the organisation. Because of trends companies have to change their policies. The technology increase and they make some legal changes in laws because of female worker was also working in the company. This all means that in a company the work of an hr manager become hard and void. Which mean that an hr manager have to be multi skilled which can improve the productivity in less amount and have best employees in less salary. I also tell that in the past women employees are not able to do work freely because they were not allowed for that. After a long time and revolution female finally get the right to vote in 1880’s. And they get right to work. I mention that in future the trends will become reversed. The employee gives attention to fanatical and social performance and savings. The megatrends have made changes in our work, workforce and workplace in past but they are going to make changes in future also.
Contents
1.0 INTRODUCTION
The