Professional Documents
Culture Documents
Introduction:
HRM is the important wing in every organization. In earlier days the HRM
is not given much importance but they mainly concentrate on very simple aspects.
After globalization it has become was and the scope of every HR manager is
improved to greater extent.
What globalization is?
If a firm or an organization expands its sales or production beyond the
National boundaries, then it is GLOBALISATION.
5. Performance Management:
Performance management (PM) includes activities which ensure that
goals are consistently being met in an effective and efficient manner. Performance
management can focus on the performance of an organization, a department,
employee, or even the processes to build a product or service, as well as many
other areas.
6. Training and Development:
Training and development is a function of human resource
management concerned with organizational activity aimed at bettering the
performance of individuals and groups in organizational settings. It has been
known by several names, including "human resourcedevelopment", and "learning
anddevelopment".
7. Leadership Development:
Leadership development refers to any activity that enhances the quality
ofleadership within an individual or organization. These activities have ranged
from MBA style programs offered at university business schools to action learning,
high-ropes courses and executive retreats.
Conclusion:
The globalization is a HRM challenge
HRM function has to make its policy, procedure & process to work on the
global level.
The globalization has a huge impact on the HRM function & it is usually not
ready to take more responsibility in the movement of workforce around the
globe.