SUMMARISED THE MAIN EFFECTS OF GLOBALIZATION AND DISCUSSE TO WHAT EXTENT THEY ARE BENEFICIAL TO YOUR SUBJECT(INTRODUCTION AND BODY OUTLINE)

There is no doubt about that the phenomenon “Globalization” has became one of the most burning issues nowadays. It generally refers the process of communication and set a relation among the people of different countries. According to Noam Chomsky it as a process of sharing ideas of local or regional things or phenomena into global ones. It can also be used to describe a process by which the people of the world are unified into a single society and function together. This process is a combination of economic, technological, sociocultural and political forces.”(Washington Post March 24, 2006).It is widely believed that globalization has a huge effect almost on every field such as society, economics, culture, agriculture and especially on business area because it is one of the most important factors of modern business world. According to May (1997) It demands a innovative way of thinking of HR managers in the global market place is how they can classify and build up the global leadership skills required when the business are to compete globally. (Linda Maund, 2001, p-614). Obviously globalization calling the mind of every success businessman and it open a vast opportunity for the multinational firms of all over the countries. This essay will consider how globalization affects the various fields; in addition it will be examined in the context of HRM field.

BODY:


Part-1


Globalization has changed the business atmosphere and corporate culture around the world
A) Different situation demands different corporate culture to communicate.
B) Every field of business such as finance, marketing, management all has changed their strategy.
C) Bering quick decision making procedure for save the time.





Globalization brings new dimensions for managerial and organizational pattern
A) Cultural diversity: management must treat the different people from different culture
B) Continuous development of organizational behavior for the employees
C) It has changed the structure of management body and organizations



Globalization brings new challenges for International companies.

A) Different locations offer there own way of doing things and are resistant to chance
B) Verifications in social, political, and economical perspective.
C) It effects the functions varies locations and office.


Part-2


Globalization creates opportunity for HR activity

A) Vast Opportunities for Labor exchange among the countries.
B) Easy to find out appropriate skilled person for the right job.
C) Enrich the recruitment and selection procedure.


Create the global HR culture

A) Harmonization of activities of many different areas
B) Sharing the experienced and idea through different conference arranged by recognized board
C) Building global awareness in all HR departments




Conclusion: