By:

DIVYA KAPOOR AMRITA AHLUWALIA RUMIT KAUR

It refers to the activities an

organization carries out to use its

human resources effectively Four major tasks of HRM Staffing policy Management training and development Performance appraisal Compensation policy

Globalization is a process of drawing people together from all nations of the world into a single community linked by the vast network of communication technologies

Create a local appeal without compromising upon the global identity. Generating awareness of cross cultural sensitivities among managers globally and hiring of staff across geographic boundaries. Training upon cultures and sensitivities of the host country.

Several key factors make Global HRM different from domestic management Different labour markets Mobility problems: legal, economic, cultural barriers Different management styles Varied compensation practices Labour laws.

Global HRM refers to

Human Resource
Management practices that deal with managing a diversity of workforce from all around the world.

When going global, an organization has to reconsider the following factors: a. Employment Laws b. Culture c. Corporate Social Responsibility

How to staff key management posts in the Co.? How to develop managers, who can do business in different countries? How to compensate people in different nations? How to evaluate the performance of managers in different countries? Expatriate managers

Shortage of Talent in Developed Countries

Availability of Low Cost Labor from Developing Countries

Technological Progress

Recruitment done from across the world.

Human resources manager of today must ensure that the

appropriate mix of employees in terms of

knowledge, skills & culture

Managing diversity of workforce. Managing pressures for more labour rights in third world countries.

Managing productivity and Quality.

Qualities that a Human Resource Manager should have to become the best are

Excellent Communication Skills Inter Personal Skills Visionary leader BE an All Rounder Global Networking Ability Ability to cope with a Fast Changing Environment

The globalization is a HRM Challenge. The HRM Function has to make its policies, procedures and processes to work on the global level. Currently, most of the HRM Policies is focused on the concrete country, but the employees have to start to move from the country to another country and the HRM Processes have to be able to support such a need in the organization.