1. Describe the underpinning social and economic reasons that brought about the recent transition in HRM
Three commons strategic issues faced by organisations are (1) emerging geographical markets, (2) globalisation, and (3) increased competition. There were plans to make the most out of global molity to adress the issues however there were still gaps between strategic direction of businesses and the ability of global mobitlity to help execute the strategy. This is called global mobility island and there is where HR is seen as key to filling the skills and talent shortages.
2. Identify the evolution of the recent HR functions/roles
HR functions now evolve to take careful look at their global mobility programmes. They role is to ensure the program delivers the following areas:
- Move to more agile organization with flat, transparent, integrated talent strategies
- Have transparent global talent mobility with continous developement
- Implement global leadership and encourage global mindset
- Integrate talent practices, policies and approaches globally
- Encourage specialisation of jobs and careers
- Integrate talent acquisition and talent management
- Invest in HR technology
- Utilise analytics to understand the global talent issues
- Give HR the training and skills to maximise the opportunity