A NEW IDEA OF HRM FOR A COMPANY OPERATING WITHIN A SINGLE COUNTRY
All of us heard about a concept of GLOBALIZATION for long time. This is often discussed about or for the MNCs (Multinational Companies). But the idea of 'Local Globalization' came into my mind while researching about HRM of a company which operates within a single country, but has got lots of branches in different areas of the country. Well, I will not go further into this, because some of us may not have clear idea about the 'Globalization' of HRM. So, I will try to highlight some information on 'Globalization' first and then discuss on my new idea of 'LOCAL GLOBALIZATION' of HRM.
GLOBALIZATION
Lots of scholars and Gurus have said about the 'global village' concept. It is often practiced and discussed for the MNCs, as I said before. MNCs have different numbers of working sites in different countries. So, to run the function of the MNCs, Globalization is a must. From the host or head-office; whatever you call it, operations are controlled all over the world. In these sorts of situations, HRM has got very vital role. like,
a Global environment, they have to be highly supported by IT, HRM and other technical things: which gives them a chance to cut the cost and increase net profit. In simple word, when a system or business operating globally like a single unit, you can simply define this idea as 'Globalization'.
LOCAL GLOBALIZATION
its too late, i will write tomorrow about this.
All of us heard about a concept of GLOBALIZATION for long time. This is often discussed about or for the MNCs (Multinational Companies). But the idea of 'Local Globalization' came into my mind while researching about HRM of a company which operates within a single country, but has got lots of branches in different areas of the country. Well, I will not go further into this, because some of us may not have clear idea about the 'Globalization' of HRM. So, I will try to highlight some information on 'Globalization' first and then discuss on my new idea of 'LOCAL GLOBALIZATION' of HRM.
GLOBALIZATION
Lots of scholars and Gurus have said about the 'global village' concept. It is often practiced and discussed for the MNCs, as I said before. MNCs have different numbers of working sites in different countries. So, to run the function of the MNCs, Globalization is a must. From the host or head-office; whatever you call it, operations are controlled all over the world. In these sorts of situations, HRM has got very vital role. like,
- Firstly, to tackle cultural shock.
- To train the EXPATRIATES for local language, policy, laws.
- How to work within a multinational or diversified employee environment.
etc. You can list hundreds of them. But my main point is, I want to give you simple idea that while MNCs work in
a Global environment, they have to be highly supported by IT, HRM and other technical things: which gives them a chance to cut the cost and increase net profit. In simple word, when a system or business operating globally like a single unit, you can simply define this idea as 'Globalization'.
LOCAL GLOBALIZATION
its too late, i will write tomorrow about this.
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