Changing HRM practices in Global Environment

Bhuruk Vinod A. ()
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Bhuruk Vinod A.: National Institute of Construction Management and Research (NICMAR), 25/1, N.I.A. Post Office, Balewadi, Pune – 411 045 (M.S.) INDIA

Advances In Management, 2009, vol. 2, issue 8

Abstract: HRM Practices are directly correlated to changes in global trends and approaches. Effect of trends on organizations’ stability and predictability is no longer guarantee business success. Mould with trends through changing HR practices is necessary for organizations’ for growth and retain in the Global Market Environment. The influence of this fast changing world on the current and strategic role of human resource management has been recognized as a key factor in every business organization. Drastically change of trends in HRM practices at global environment is necessary to align strategy in relation with trends. Impact of terrorism, recession and competition throughout global environment made it necessary for HR professionals to change its practices and strategy towards operations, sales and service in the global market scenario.

Date: 2009

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Persistent link: http://EconPapers.repec.org/RePEc:mgn:journl:v:2:y:2009:i:8:a:7

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