Effect of Globalisation on Human Resource Management Strategies for Organisational Success

Abstract

The last decade has witnessed a lot of changes due to the impact of globalisation, fewer trade barriers and the rapid spread of the cyber revolution. All these changes and fluctuations have changed the world of work. In response to these changes, organisations and institutions are increasingly realizing the importance of human competitiveness as essential to organisational survival and success, which has created a new paradigm shift as to the ways in which people should be managed, that has propelled the expansion of Strategic HRM.