International Journal of Engineering and Management Research (IJEMR)
  • Year: 2017
  • Volume: 7
  • Issue: 1

Globalization and Strategic Human Resource Management: An Overview and Theoretical Framework

  • Author:
  • Anshika Burman, Malaika Fernandes
  • Total Page Count: 5
  • Page Number: 132 to 136

Symbiosis Center for Management Studies-Pune, Affiliated to Symbiosis International University, India

Online published on 31 October, 2017.

Abstract

Globalization is the integration of cultures, values, technology, economies, and politics of various nations. Globalization can have many inferences for human resource management practices in an organization. It helps to create job opportunities as the businesses expand. By providing high quality products and employment it improves the standard of living of the people Strategic Human Resource Management is planning in advance for the various functions relating to human capital and strategizing to keep the HR functions aligned with the organization's goals and objectives. Strategic Human Resource Management enables planning and strategizing for the human resources in the organization based on its goals and objectives beforehand and implementing them. Planning in advance helps the organization to gain a competitive edge. Integration of globalization and strategic HRM gives a global competitive edge to a business. Globalization and strategic Human resource management has result in developing global competitiveness among employees. In this paper the researchers have tried to study the effect of Global Competitiveness on Strategic Human Resource Management. This article extends the literature on the role of human resources in global competitiveness by focusing on the practices that are currently followed by various companies. The finding of the paper highlights commonly followed strategic HRM practices

Keywords

Globalization, strategic human resource management, global competitiveness