PPT OF GLOBE

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ORCHID COLLEGE OF EGG. AND TECHNOLOGY:

ORCHID COLLEGE OF EGG. AND TECHNOLOGY SEMINAR ON, THE IMPACT OF GLOBALISATION ON HRM BY, RUPALI VYAVAHARE

MEANING OF GLOBLIZATION:

MEANING OF GLOBLIZATION The concept of globalisation refers to an increasing flow of goods and resources across national borders and the emergence of a complementary set of organisational structures to manage the expanding network of international economic activity and transactions Strictly speaking, a global economy is one where firms and financial institutions operate transnationally , i.e., beyond the confines of national boundaries. Globalisations is expected to accelerate growth in developing countries.

IMPACT ON HRM:

IMPACT ON HRM A consensus has emerged among scholars and practitioners alike that the business environment has become more competitive than in the past because of globalisation . Armstrong outlines three most important factors in achieving competitive advantage as Innovative, Quality and Cost Leadership, but all these depend on the quality of an organisation's human resources Scholars have argued that the human resource satisfies four conditions necessary to achieve sustainable competitive advantage: human resource is valuable, rare, and imperfectly imitable and has no substitute

FUNCTIONS AND STRATEGY :

FUNCTIONS AND STRATEGY

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