HRDM

Most organization function in the

__________economy, meaning HR

departments are serving an

international workforce

Most organization function in the

__________economy, meaning HR

departments are serving an

international workforce

Global

___________That operate globally are very likely to employ citizens of more than one country, so they need to understand that laws and customs that apply to employees in those countries.

Organization

They may have to prepare managers and other personnel to take international take international assignments. They have to adopt their human resource plans and policies to different settings and communicate them to its international work force

Assignment

Most organizations begin by serving customers within a domestic marketplace . The business must recruit , hire, train, and compensate employees, and these people usually come from the business owner’s local labor market.

Local Market

As organizations grows, they often begin to meet demand from customers in the other countries, and eventually it may become economically desirable to set up operations in foreign countries

Operations

They need to hire managers who can function in a variety of settings, give them necessary trainings, and provide compensation system that take into account the different pay rates, tax systems, and cost of living from one country to another.

System

At the highest level of involvement in the global marketplace are global organizations. This type of organization needs HRM practices that encourage flexibility and are based on an indepth knowledge of differences among country.

Global

A global organization need a transnational HRM system that features decision making from a global perspective, managers from many countries and ideas contributed by people from a variety of cultures.

HRM SYSTEM

This balance and variety of perspective should work together to?

Improve the quality of decision making

Global organization must be able to recruit, develop, retain, and use managers who can get result across national boundaries. Decisions must balance uniformity (for fairness) with flexibility ( to account for cultural and legal difference).

Decision

The ratio of women in the work force has increased significantly and will continue to be so.

Workforce Diversity

Employers are now looking for specific skills, such as the capacity to take decisions as part of the team

Skills Deficiency of the workplace

The need of generating a high-performance

work system have changed the nature of the

workforce and the technology available to an

organizations.

High Performance Work system

Today, knowledge workers are at the center of

organization.

Knowledge Workers

Employee empowerment occurs when an

employee is given the freedom, power, trust,

and encouragement to carry out job related

task.

Employee Empowerment

Technological advancements bring?

-New and improved products

- Created new competitive advantages more powerful than earlier one