Globalization in HRP

2,269 views
1,826 views

Published on

Globalization project for Human Resource Planning course

0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
2,269
On SlideShare
0
From Embeds
0
Number of Embeds
14
Actions
Shares
0
Downloads
0
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Globalization in HRP

  1. 1. GLOBALIZATION<br />THE IMPACT ON HR<br />
  2. 2. AGENDA<br />Key Facts<br />Three Types <br />Advantages & Disadvantages<br />EnvironmentalFactors<br />Class Involvement<br />Summary<br />Sources<br />
  3. 3. KEY FACTS<br />DEFINITION: Globalization is the economic, social and cultural connectivity with people in all parts of the world. It also refers to the growth in flows of trade and financial capital across borders”<br />The concept was first introduced when countries first started trading with each other<br />The corporate world started vastly using this term with the introduction of the internet and global connectivity<br />
  4. 4. THREE TYPES<br />Import-ExportFirm<br />Multinational Enterprise<br />Global Firm<br />
  5. 5. ADVANTAGES & DISADVANTAGES<br />PRO’S <br />CON’S<br />Goods and people are transported with more ease and speed<br />Free trade between countries increases<br />Mass media connects all the people around the world<br />Decreases Brain Drain from countries<br />Increases diversity and culture<br /><ul><li>Increasing work intensification, as well as reducing job security and work/life balance in developed countries such as Canada </li></li></ul><li>ENVIRONMENTAL FACTORS<br />Economic Climate<br />Policies and Legislation<br /> Factors<br />Technological Factors<br />Demographic Factors<br />Social & Cultural Factors<br />
  6. 6. ECONOMICS<br />Labour Costs<br />Global Unemployment Rate<br />Foreign Direct Investment<br />International Trade<br />State of Economy<br />
  7. 7. POLICIES AND LEGISLATION<br />Complyingwith Labour Laws<br />Health and Safety Issues<br />Conditions of EmploymentPolicies<br />
  8. 8. TECHNOLOGICAL<br />CostsIncurred<br />Time Spent for Compatibility Reasons<br />Training Costs<br />
  9. 9. DEMOGRAPHICS<br />Populations<br />Immigration/ Migration Rates<br />Age Structures<br />
  10. 10. SOCIAL & CULTURAL<br />Pre-Globalization = Independent & Unique<br />Post- Globalization = Integrated<br />Cultural Differences<br />The Handshake<br />Dog Chow<br />
  11. 11. WhatWould You Do?<br />Here’sWhatWeDid: For Economics<br />Unemployment Rate reflects Compensation<br />FDI in India & China <br />Possibly setup factorieswithinIndia & China for lower labour costs<br />
  12. 12. WhatWould You Do?<br />Here’sWhatWeDid: For Policies and Legislature<br />Revisepolicies, procedures and practises<br />Recruit a Specialistfrom the Country to assistwith the development of CorporateStrategy<br />
  13. 13. WhatWould You Do?<br />Here’sWhatWeDid: For Technology<br />DevelopCorporateStrategies to OvercomeBarriers<br />Encourage a Diverse Workforce<br />Have Consistant Policies<br />Implement an Organizational Information System<br />
  14. 14. WhatWould You Do?<br />Here’sWhatWeDid: For Demographics<br />Populations higherwithin select countries- USA, India, China<br />Surplus of immigrants<br />Understandage gaps within P&G<br />Employ international employees for diversity, knowledge/skill and cultural awareness<br />
  15. 15. WhatWould You Do?<br />Here’sWhatWeDid: For Social and Cultural<br />Develop a Mentoring Program<br />Embrace Culture<br />Human Resource CouldPropel the Acceptance of Diversity<br />
  16. 16. Summary<br />Three Types<br />Advantages and Disadvatages<br />EnvironmentalFactors<br />Economic Climate<br />Policies and Legislation<br />Technological Factors<br />Demographic Factors<br />Social & Cultural Factors<br />
  17. 17. SOURCES<br />Friedman, T. (2005). The World is Flat: A Brief History of the Twenty-First Century. New York, NY. <br />International Labour Organization. (n.d). Unemployment, structural change and globalization. Retrieved from http://actrav.itcilo.org/actrav-english/telearn/global/ilo/art/10.htm<br />Lin, J. (2010). Globalization: after the recession. Retrieved from http://globalpolicy.org/globalization/globalization-of-the-economy-2-1/general-analysis-on-globalization-of-the-economy/48585.html<br />Population Reference Bureau. (2010). World population data rate. Retrieved from http://actrav.itcilo.org/actrav-english/telearn/global/ilo/art/10.htm<br />United Nations Conference on Trade and Development. (2009). Global foreign direct investment now in decline. Retrieved from http://www.unctad.org/Templates/webflyer.asp?docid=10930&intItemID=1528&lang=1<br />
  18. 18. THE END of the world as we know it.<br />ANY QUESTIONS?<br />Christine Donovan, Greg Lewis, Leigh Preece<br />

×