Globalization and Human Resource Management
figure-1 Introduction The concept of Globalization has deep historical roots. According to the World Economic Forum, Globalization begins with the Silk Way across China, Central Asia, and Africa. However, the Modern Era of Globalization began in the 19th century. Global Trade has increased with the Transportation of railways steamships and telegraph communication. Globalization in HRM Globalization has a huge impact on Human Resource Management these days. Globalization has transformed HRM into a more complex and dynamic function. 1. Talent Acquisition and Diversity Talent Acquisition and Diversity play a main role in HRM where the context is in Globalization, seeking to thrive in the diverse and interconnected world of Globalization.HRM practices should focus on talent acquisition considering the importance of recruiting individuals with diverse skills, backgrounds, and experiences. 2. Cross-Cultural Competence As business expands globally, Human Resource Managers must navi...