The Difficulties of Globalization for Human Resource Management: Indian Prospective

Abstract

In the business world, the term "Globalization" describes how an organization's operations, procedures, and strategies are integrated into a variety of cultures, goods, services, and concepts. Due to its focus on diversity, globalization has a profound effect on how businesses handle their workforce. Managers can better prepare their organizations for the increasingly global business environment by having a better understanding of how globalization affects human resources. An organization's human resources make up its whole. It needs to pay attention to labor-management relations, plan and staff personnel, conduct training programmes, and make compensation decisions in order to attract and retain a pool of competent employees for each of its operations. Companies hire foreign managers from a variety of internal and external sources. Recruitment needs to be done externally during the initial phases of internationalization. Afterwards, transfer candidates are frequently drawn from an internal pool. The next choice is whether to use citizens of the home country, the host country, or a third country. Selection criteria that take into account personal qualities, competence, and flexibility should be prioritized when hiring foreign managers. Policies for the pay and advancement of candidates chosen for assignments abroad should also be established. The company must simultaneously pay close attention to the training and development requirements of local managers.