HR CHALLENGES IN A GLOBAL WORKFORCE
The human resource managers are the key people in the industry.
They play an important role to bridge the expectations of the employers with the aspiration level of the employees in the organization.
Liberalization, privatization, and globalization have brought subtle changes to the industries. The industries have been opened to the global competition with the resources, manpower and technology available to them.
In such a competitive global scenario the industries require suitable human resource personnel. They evolve suitable methods to tackle the issues arising out of changed situation by including
factors like strategy, staffing, organizing, leading, management development, organization
culture and climate, performance evaluation and compensation management.
However, in the changing global environment the challenges before the HR managers expect their strategic skills to prove their competence in the industry.
The factors like workforce diversity, cultural differences, organization’s style and strategies paves way to the concept of ‘Global HRM’.
Organizations today are a part of a global village with evolving technology. There is a vast paradigm shift in the way we work, interact, and perceive. It pushes the HR department to expand its horizons to acquire the best talent.
It is a challenge to manage a global workforce.IIt is essential to have a strategic plan to manage talent, mobility, and cultural diversity. According to the world economic forum’s warning, we are entering an era of unparalleled talent scarcity.Organizations today not only need to hire, sustain, and retain talent, but they need to be flexible enough to set up where the best talent is available at the best price. papeditor. “HR Challenges in a Global Workforce | Profiles Asia Pacific.” Profiles Asia Pacific, 22 Dec. 2020, www.profilesasiapacific.com/2020/12/22/global-workforce-hr-challenges.
Challenges for HR Managers
Adapting to Change
Organizations are adapting to the transformation of the global village.
The technology is also evolving, which comes out as a challenge to adapt and implement change.
Entire workforce must acquaint with the changes as well.
Work Culture and Environment
When the business is on the path of expansion, it will acquire and merge with different people, governments, and businesses.
During all of this hustle and bustle, it is a challenge to concentrate on setting up a high work culture and sustain a positive work environment.
Setting up the Right Ethics and Values
Ethics and value play a fundamental role in business success.
Having a diverse workforce gets people from different backgrounds together.
It is a challenge to align your workforce with your organization’s goals.
The best way they can achieve this is to set the best practices to increase longevity.
Maintaining a Low employee turnover Rate
Any organization invests a lot of time and money to hire and train the right people that are fit for the job.
Globalization has increased the number of opportunities in the market. Resources change for better opportunities or financial growth.
The organization will have to start again from scratch to hire and train.
It is a big challenge for HR managers to keep a low turnover rate.
Work-life Balance
Having a balance in professional and personal life is crucial for happiness and stability.
HR managers have a huge responsibility to create a perfect balance between work and personal life.
Perfect balance helps to boost productivity and retention rate.
Stress and Conflict
Globalization has fueled competitiveness and made things faster.
It also has increased the number of working hours, higher targets, and competition.
It is the responsibility of the HR department to reduce stress and solve conflicts if any arise.
It is a challenge for them to keep the tension and conflicts minimum level.
Needed Organization Restructures
The world is moving at high pace organizations need to adapt to the pace and restructure the workforce effectively.
It is a challenge for managers to restructure their processes.
References
global-workforce-hr-challenges (Online) available from https://www.profilesasiapacific.com/2020/12/22/global-workforce-hr-challenges/ (accessed on 30/11/2022)
What Is Global Human Resource Management? (Online / youtube) available fromhttps://www.youtube.com/watch?v=gxrnFAgRfjE&t=8s (accessed on 30/11/2022)
Emerging Motivations for Global HRM Integration (online) available from https://link.springer.com/chapter/10.1057/9780230502307_5 (accessed on 30/11/2022)
What are the major challenges of International HRM in 2022? (online) available fromhttps://globalonline.mmu.ac.uk/news-and-events/what-are-the-major-challenges-of-international-hrm-in-2022/ (accessed on 30/11/2022)
10 challenges HR faces in a global company (online) available from https://corp.smartbrief.com/original/2015/08/10-challenges-hr-faces-global-company (accessed on 30/11/2022)
What are the possible barriers to effective global human resource management?
ReplyDeleteThe most common obstacles to effective HR management are cross-cultural adaptation, different organizational/workforce values, differences in management style, and management turnover. Thank you Mr Dhanushka.
DeleteAgreed with all the above challenges. Apart from that compliance with labor laws, developing agile leaders, improving productivity, and operating efficiently are likewise considered important challenges that need to be overcome by organizations.
ReplyDeleteYes Mr Nadun totally agreed with you. Thank you very much for your valuable ideas.
DeleteGlobalization creates opportunities as well as competitions in an emerging world. To gain the maximum productivity and performance of an organization it is important to implement relevant strategic HRM practices within the organization according to the requirements
ReplyDeleteVery true Ms Dinusha to gain the maximum productivity and performance of an organization it is important to implement relevant strategic HRM practices within the organization. Thank you very much for your valuable comment,
DeleteHow to overcome the HR challenges of a global workforce ?Can u give some examples ?
ReplyDeleteIt is a challenge to work closely within the team when your teams are across the globe. Handling the virtual workforce is quite a big task to accomplish. There is a big difference between physical office spaces and virtual office spaces. Teams have to put extra efforts to maintain a professional relation virtual and make sure the communication is effective.
DeleteHRM should change time to time for favourable environment for employee they have more responsibility to do motivation employee
ReplyDeleteYes Mr Wimal Thank you very much
DeleteAn organization benefits from having a healthy organizational climate and a positive work environment.
DeleteBy implementing this strategy, it is possible to boost employee productivity and engagement while also fostering an innovative work environment.
However, achieving these advantages depends on employee performance and motivation.
For a better working environment for employees, HRM should make periodic changes. They now bear greater responsibility for employee motivation.
ReplyDeleteA positive work culture and a good organizational climate helps bring effective results to a company. Using this strategy, it’s possible to increase employee productivity and engagement, as well as create an environment conducive to innovation. However, these benefits are only achieved with employee motivation and performance.
DeleteExactly Ms Maheshika. Thank you very much.
ReplyDelete