Got a tricky question? Receive an answer from students like you! Try us!

Editing Human Resource Management - Essay Example

Only on StudentShare
Author : zquitzon


In order to critically and comprehensively discuss the major variables influencing the difference between domestic and international human resource management (IHRM) we must examine the effects of globalisation which instigated the transformation of the world economic order and gave prominence to one global economy during the 1980s to 1990s…

Extract of sample
Editing Human Resource Management

In the 1980's large firms instigated the fourth generic growth strategy of internationalisation (Ansoff, 1965;Dollar, [n.d]), as the rise of world trade, foreign direct investment (FDI), mergers & acquisitions and technological expansion gained ever increasing momentum (Hawawini et al. 2004). The opening of foreign markets, trade liberalisation and developments in new technologies, including the onset of e-commerce is changing the way businesses operate (Bladwin & Wypolsz, 2004). The non-stability of monetary policy among other environmental changes, contributed towards global recession throughout the 1980's affecting all economies and corporations. The UK shifted in employment, from manufacturing to a service sector economy (Hirschey, 2000). The environmental transformation has proliferated competition creating awareness for organisational responsiveness, flexibility and quality with the financial bottom line justified (Harzing & Ruysseveldy, 2004).
An analysis by Storey (2002:6) recognises that "HRM emerged on the scene as a historically-situated phenomenon" in the 1980's, responding to the new competitive diversity, as confidence fell with traditional management practices and thereby securing a position in strategic management. ...
Download paper

Related Essays

Human Resource Management Models
The soft approach appears to be the better option considering the human ability to change and adapt, but as we will see, it cannot be used alone to manage human resources. We need to integrate approaches and find a multidisciplinary approach to dealing with people. How much of people management depends on theory and how much cannot be measured "In theory, practice and in the workplace experience, though people appear to be of central concern, the rich, warm, unpredictable face of humanity are all too clearly absent."…
6 pages (1506 words)
Human Resource Management strategy
The concept of Strategic Human Resource Management has replaced the traditional perception of human management. Even though the traditional theories of human management (Maslow's hierarchy of needs, ERG theory and Herzberg Two-Factor theory) are still used by most of the HR managers, the functions have changed to include the strategic planning.…
4 pages (1004 words)
Human Resource Management: Goals
Among the key domains where HRM is oftentimes applied and executed are Performance Management, Motivation and Leadership. In these domains, HRM is able to exercise its goal of developing people skills and helping them work efficiently in order to improve organizational productivity. In the area of Performance Management, HRM strategically develops and improves performance through policies that emphasize customer needs and service quality through systematic monitoring, evaluation, rewarding, and instilling a sense of accountability among individuals and teams. In Motivation, HRM helps in…
4 pages (1004 words)
Human Resource Management paper
Human resource management is a way that a company or any other firm can use to manage its staff; in fact this aspect of organization has been identified as an academic theory of business functions which identifies workers or employees as resources with changing needs and ambitions. Workers are not just like other business resources like machinery, transport and raw materials as people ability to work depends on knowledge, training, and the processes set in place.…
10 pages (2510 words)
management (Human resource Management)
Management is the dynamic, life-giving element in every business. Without it the resources of production remain resources and never become production." (Sharma, 2004 11)…
9 pages (2259 words)
explain how human resource management techniques can be a major resource in the management of organisational culture?
A culture of power and an aura of personal authority extend from the CEO of the company and as the CEO often behaves in a radical, unconventional and anti-organisational way, so does the company follow in his mighty footsteps.…
10 pages (2510 words)