Impact of globalization on human resource management practices
INTRODUCTION Globalization is the process of integration of several economies with the goal of increasing economic interdependence and mobility of factors of production across the world economies (Lechner, 2009). Globalization has caused an increase in the number of multinational corporations across the globe. Globalisation has had implications on the operations of multinational corporations including especially in human resource management. Some corporations have been forced to review their human resource practices to adapt to the challenges associated with globalisation. Companies have several motives to go global.
Companies globalise for different economic, social and cultural reasons. These motives vary from one ...