An essay of dissusion in `Globalisation, Convergence and Divergence of Human Resource Management`

Globalization , Convergence and Divergence of Human Resource Management

Introduction

Management objectives as well as the ways in which enterprises are managed in to attain these objectives and the human resource management (HRM ) and industrial relations (IR ) initiatives are affected by pressures , among which are exerted by globalization . Changes in IR practices instead of in institutions and systems including the increase in collective bargaining at the enterprise level , changes in employment forms , working time and work functions are now evolving because of such factors as increase in competition , rapid changes in products

and processes and the importance of skills and productivity . In the same manner , these factors have led to a substantial amount of influence on HRM policies and practices

Convergence and Divergence in HRM Practices

One thing that can be readily seen from in managing change on a global scope are the important elements such as the involvement of the employees , greater customer orientation , ensuring that employees ' skills are appropriate to the production and the services are acceptable to the global market . Thus , in all these , managing people so that they are motivated properly now becomes an important agenda of HRM . Included in the implications and consequences of globalization are (De Silva

In this set up , nations become more economically interdependent than before , especially in the light of foreign direct investment interlocking economies , and that of an increase in free trade . The inability of economies to be 'self-sufficient ' can now be a cause for the breakdown of investment and trade barriers

Governments are now becoming less able to control capital flow information and technology across bs

There has been de-regulation of financial markets , as well as the integration of markets for goods , services and capital

There is now a de-nationalization of enterprises because of more global companies and global webs

Quality is now the dictating factor in the production of goods and services which can be acceptable to the global market as well as the convergence of customer tastes across bs

Competition is the key factor in attracting investment , goods and services . This requires high quality skills at all levels in to attract high value-added activities which are distinct from cheap labour low value-added ones , and improvements in productivity

In effect , enterprises that are driven by market pressures must include the ability to change and to respond rapidly to market needs and demands . Thus , effective and efficient HRM is important in achieving these goals . More and more , HRM managers are seeing that improved quality and productivity which are directly linked to motivation can be done through training , employee involvement and extrinsic and intrinsic rewards (De Silva

The onset of the tremendous geographic , economic and sociological changes brought about by the globalization makes the concept more appealing and interesting to encapsulate in one framework or analysis Such framework is often referred to as a paradigm which is in essence means a general view of the whole as a means of understanding and explanation

Presently , there has been a great...