Global Issues in HRM

As we discussed earlier with the effect of globalization HRM too has many challenges in global context which need to be identified and need immediate solutions for the smooth functioning of HRM process.

The main challenges in HRM includes,

1. Technological challenges
2. Economic Challenges
3. Workforce diversity & demograpic challenges
4. Organizational challenges

Technological challenges in HRM.

From the ancient times people had limited requirements in their lives. By the time they have moved from agricultural economy to manufacturing economy and now it's a common fact that with the industrial revolution people all over the world are focused on industrial occupations with the latest technology.

As a result we see a tendancy of more job opportunities in service industry and telecommunication industry are created. Brisco et al (2012)

Organizations are strategically planning to achieve competitive advantage by using information and communication technology in their HRM practices. Nihat and  Murat (2011)

Another main reason to adopt to technology driven softwares in HRM is due to pressure and global competition faced by the firms. This has resulted to lower the cost and increased the overall effectiveness of  the HRM.

Recent studies on e-HRM suggests that with the growth of technology  HRM too will be strategically transform to a new era which will support HR decessions on real time. Those new models can now be integrated to different areas of an organization such as sales, finance, production . Stefan S (2010)

The time taken for data analysis will be shorten from the advancement of  the technology. software programs will save more of the time of HR department when analyzing the data of employees to take final deccsions. Sherman (2018)

References

Briscoe, D., Schuler R., Tarique I (2012). International Human Resource Management. New York: Routledge.
Nihat e. , Murat e (2011). An investigation of effect of technology readiness on technology acceptance in e-HRM.
Stefan s.,(2010), Electronic Human resource management:Transformation of HRM
Sherman F (2018) How does technology impact HR practices.