The economic reasons leading to the transformation of human resource management are mainly the economic globalization and the transformation of social ideology and culture.
Economic globalization is the transnational and cross regional flow of production factors such as goods, technology, information, services, currency, personnel, capital and management experience, that is, the world economy has increasingly become a closely linked whole.
Economic globalization is not only one of the important characteristics of the contemporary world economy, but also an important trend of world economic development. The organization for economic cooperation and development (OECD) believes that "economic globalization can be seen as a process in which the economy, market, technology and communication forms have more and more global characteristics, and the nationality and locality are decreasing". To this end, economic globalization can be understood from three aspects: first, the strengthening of economic ties and increasing interdependence among countries around the world; Second, the domestic economic rules of various countries are becoming consistent; Third, strengthen the international economic coordination mechanism, that is, various multilateral or regional organizations play an increasingly strong role in coordinating and restricting the world economy. Generally speaking, economic globalization refers to the process of realizing market division, cooperation and mutual integration of countries through division of labor, trade, investment, multinational corporations and factor flow, based on market economy, taking advanced science and technology and productivity as the means, led by developed countries, aiming at maximizing profits and economic benefits.
The impact of globalization on culture in the context of globalization, the world culture also shows the trend of deepening integration, and the civilizations of all ethnic groups and countries have been innovated and developed in the continuous exchange and integration.
These factors are promoting the expansion of human resource management from small to large-scale, and from region to world.