Professional Documents
Culture Documents
Submitted on:
18th
January, 2011
Section – B, Group – 08
• Globalization
The resources of the company, the people, ideas, products and entire
operations have to be truly global and have to be located in different countries
to meet their needs. Hence a strategic decision becomes all the more complex
like local political situation, exchange rates, Cultural unfamiliarity etc come
into picture.
• Technology
Technology has been changing at a rapid pace and there is a need to
continuously adapt and better utilize the technological advances. Managers
should be able to make use of them to gain a competitive advantage.
• Intellectual Capital
The ability to retain the best people in the organization and providing superior
service to customers, has been a major reason for the success of most global
organizations.
• Upgrade HR Professionals
The company should settle for the best while recruiting the HR
professionals who are capable of taking care of their responsibilities and
goals in the best possible way. Timely training must be given to update
their skills
Hard Work Ahead
Finally, HR managers need to focus on setting goals, and ensuring that they
behave and act in a manner well suited to a strategic partner. They should bring
in processes that give quick results. The senior management and line managers
need to understand the importance of HR and should give it the proper time and
attention that it deserves.