Divekar Lovely Present

8/2/2019 Divekar Lovely Present

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IMPACT OF

GLOBALIZATION ONHUMAN RESOURCE

MANAGEMENTMr.shekharayya chikkamath &Mr.tarun

jarakunti

Dept.of commerce K.U.P.G CenterKarwar



INTRODUCTION:

In the era of globalization, with the increasingcompetition, locally or globally, organizations must

become more adaptable, resilient, agile, andcustomer-focused to succeed. And within thischange in environment, the HR professional has toevolve to become a strategic partner, an employeesponsor or advocate, and a change mentor within

the organization. In order to succeed, HR must be abusiness driven function with a thoroughunderstanding of the organization dig picture and beable to influence key decision and policies



OBJECTIVES OF THE STUDY

1.To study the impact of globalization on

Indian Human Resource Management.2.To study the Challenges in HumanResource Management that Indian Industriesare facing



CHALLENGES IN MODERNHUMAN RESOURCE

MANAGEMENT:

It is valuable for practicing HRmanagers of every organization andalso for those who have a significant

interest in the area of HumanResource Management, to realize thegrowing importance of human

resource and understand the need tobuild up effective HR strategies tocombat HR issues arising in the 21st

century.



1)Changing Workforce Dynamics

2)Changing Employee Expectations

3)Globalization

4)Managing Diversity

5)Outsourcing Human Resource



a) Making HR Activities Ethical

b) Organizational Restructuring

c) Work Life Balancing



The Impact of Globalisation on Human

Resource Management The concept of globalisation refers to an increasing

flow of goods and resources across nationalborders

and the emergence of a complementary set oforganisational structures to manage the expandingnetwork of international economic activity andtransactions.

Strictly speaking, a global economy is one wherefirms and financial institutions operatetransnationally,



1)Human resource planning (HRP)

When there is a proper human resourceplan in place, we will be able to obtain andretain the number of people we need withthe skills, expertise and competenciesrequired. Of late, a lot of teachers, doctorsand nurses have left the country for greener

pastures. This would not have been thecase if human resources were properlymanaged.

HRP will also ensure that we develop a well-trained and flexible workforce, thus

contributing to the nation's ability to adapt to



Recruitment and selection

In this environment, the importance of

finding the right person for the job cannotbe over emphasised and the decision toappoint an individual is one of the mostcrucial decisions an employer will ever take



Training and development

Training will ensure that the employees develop theright skills, attitudes and knowledge that will enable

them to perform their jobs effectively and efficiently India has to invest a lot in education and training.

We have to draw lessons from the success of Japanand Germany, which have relied so much on thedevelopment of the skills, aptitudes and efforts oftheir people.



Reward management

The Indians leaving the country are doing so

because of high wages offered by othercountries. As a result of globalisation, there isnow free mobility of labour. Internationalcompanies can advertise through the Internet

and recruit employees from across borders.



Management development

Managers should have a vision and should alsounderstand what is expected of them and they

should be trained to think globally and act locally

The capabilities of any organisation to achieve itsbusiness strategies in the light of critical successfactors for the business depend largely on the

capability of its managers as developed within theorganisation to meet its particular demands andcircumstances.



Motivation

In order that we achieve sustained high

levels of performance through people, theyshould be well motivated. This can be donethrough the provision of incentives, rewards,leadership and importantly, the work they do

and the organisational context in which theycarry out that work.



CHALLENGES OF HUMAN RESOURCE

MANAGEMENT IN INDIAN INDUSTRIES

1)Maintaining Workforce Diversity

2)Managing EIS

3)How To Retain The Same Level Of RecruitmentEven In Recession

4)How To Absorb All Recruitees

5)How To Motivate Employees

6)Performance Management

7)Career Development



Conclusion

Human resource management should take a

new approach in this new environmentbrought about by globalisation. Peopleshould not be seen as a cost to theorganisation but as a valuable assert which

should be trained and developed to get thebest out of them.



Thank you

Divekar Lovely Present

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