Why has the HRM function increased in stature and influence in many organization and How has increased globalization influenced the way HRM is practiced in the United States?

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Business

Sawyer Ellison

20 May, 08:37

Why has the HRM function increased in stature and influence in many organization and How has increased globalization influenced the way HRM is practiced in the United States?

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Marlene Noble · Answer 1

Globalization at the organizational level can be understood as the integration of all systems that make up a company, including the macro environment.

Understanding the concept of globalization in business makes it possible to understand that the company to be successful in a foreign market must align its strategy in order to conquer the local market, it is important to carry out research and development to understand what the target audience of certain region wants to consume, in addition to respecting the culture, behavior and values of each region.

Currently, in globalized companies, the focus of HRM is to ensure that the company receives new employees and that existing employees have a global posture that prioritizes respect, ethics, company identity, culture and is flexible and open to work in a company that adopts global management, where there are important interactions with other countries for the success of the business.