What Is The Effect Of Globalization And Outsourcing On Human Resources?
Posted by China Sourcing CommentatorAug 11
I would like to know what the majority of us think are the challenges that Human resources will face in the next couple of years because of globalization and outsourcing.
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I call it an Orwellian nightmare science
fiction story. But it keeps coming up and
being mentioned. Is that what people
really want?
Companies that compete in the global marketplace require to quality people to compete successfully. This requires that managers be aware of the many factors that significantly affect HRM in a global environment, such as culture, human capital, and political/legal and economic systems, and that you understand how these factors come into play in the various levels of global participation.
Finally it requires that they be adept at developing HRM systems that maximize the effectiveness of all human resources, particularly with regard to expatriate managers.
Managers cannot overestimate the importance of managing human resources to gain competitive advantage in today’s global marketplace.
The exportarion of jobs abroad, and the consequent un/underemployment, erosion of wages, and a greater gap between rich and poor, also impoverishment of the American people. NAFTA compliments of Bush/McCain