Research Paper on "Changing Role of HR Management the World"
Research Paper 3 pages (1025 words) Sources: 5
[EXCERPT] . . . .
Changing Role of HR ManagementThe world of business today has a dramatically different face than as little as 50 years ago. Technology and ethics have changed along with trends such as globalization, increased diversity and e-business. Today, business is about far more than a bottom line and surviving financially; it is much more complex. Indeed, surviving financially has become dependent on many other aspects, including the public perception of the company, its ethics, and its labor environment. How these elements work together to create sound business practice has become the changing face of Human Resource (HR) management.
According to Grantham and Hook (p. 1), the role of Human Resources have shifted from a passive paradigm of compensation, benefits and compliance to one of proactive partner in integrating leadership, operating strategies, and corporate objectives of the company. What has become known as "Best Practices," according to the authors, is now the primary pursuit of HR managers.
In agreement with this, Schein (2008) formulates three basic forces that have bought change and is continuing to do so in the role of the Human Resource manager. These include the impact of globalization, technological complexity, and cultural diversity (Schein, 2008, p. 7). The basic economic drive for companies today encourages globalization -- with an increasing number of companies looking beyond national boundaries for cheaper labor and scarce resources.
This is important in terms of ethics and how this relates to fair compensation as well as other factors. Compensation for example plays an important role in how a company is perceived by
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Another important ethical consideration is the work environment; this should be as pleasant as possible, not only in terms of retaining good workers, but also in terms of the company's ethical image. If there is a public perception that the company notoriously pays minimum wages while expecting its workers to function in unhealthy or unsafe environments, business will suffer because the company is perceived to be unethical in its relationship with workers. This then relates back to the issue of globalization and cheap labor. While cheap labor may be good for the bottom line, careful consideration should be given to the issue of perception.
Schein (2008, p. 8) also mentions that technological complexity relates to HR management and its inherent ethical requirements. When expanding globally, economic considerations and general issues like wages and working conditions are not sufficient to make a success of a global business. HR managers also need to pay attention to the local laws and customs of a country to ensure that interpersonal relationships are not damaged inadvertently. Unintentionally offending a major business representative could for example prove fatal to a business. This of course relates closely to diversity.
The workplace is becoming increasingly diverse even as globalization has encouraged… READ MORE
Quoted Instructions for "Changing Role of HR Management the World" Assignment:
Prepare a 700- to 1,050-word paper describing the changing role of HR management in response to trends in globalization, technology, diversity, e-business, and ethics. Use at least five references from the Internet or HR journal articles to support your paper. Please make sources and links publicly accessible.
How to Reference "Changing Role of HR Management the World" Research Paper in a Bibliography
“Changing Role of HR Management the World.” A1-TermPaper.com, 2010, https://www.a1-termpaper.com/topics/essay/changing-role-hr-management/96476. Accessed 5 Jul 2024.
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