Review on Globalization and Importance of Strategic Human Resource Management
جاري التحميل...
التاريخ
المؤلفين
عنوان الدورية
ردمد الدورية
عنوان المجلد
الناشر
International journal of scientific research and management
خلاصة
Strategic human resource management (SHRM) is the main concern of the managers who are expanding their business at global level. In the current era, recognition of value of the human factor is emphasized by the managers to align business strategy and HR policies. The wave of globalization has revolutionized the trends and challenges of HRM, which are required to be handled effectively for managing the diverse workforce. Strategic human resource management (SHRM) is one of the most important aspects of HRM practices that facilitates the implementation of effective HR policies to meet the requirements of the employees, while proceeding ahead to accomplish the organizational goals. Since globalization has an influence on the HRM practices of the organizations, so it is essential to homogenize the strategies and processes of the organizations. Globalization has directed alterations in the HR approach of the organizations. In this concern, the practice of SHRM is beneficial for the organizations to take proactive measures for improving the efficiency of the employees. Therefore, the main purpose of the study is to explore the impact of globalization on HRM with special reference to SHRM. With respect to this, different literary sources will be analyzed. It has been observed that today’s business environment needs the establishment of strategies approach to the management of HRM for coping with the global forces. In order to assess these aspects, implications of globalization and SHRM will be analyzed and global orientation of HR professionals will be assessed, so that a deep insight about the importance of SHRM can be developed