The document discusses how the changing global business environment impacts human resource management practices. Key points include:
- The world of work is changing rapidly due to globalization, technology advances, workforce diversity, and other factors.
- HR must understand varying cultural values as not all practices can be universally applied.
- Technology has altered how people work and changed how information is used and shared, creating more knowledge-based jobs.
- Workforce diversity and contingent workers present challenges around attracting, motivating, and retaining diverse talent.
- Continuous improvement programs aim to better serve customers through quality management and employee empowerment.