Underpinning social and economic reasons that brought about the recent transition in HRM
- New geographical markets have emerged
- Globalization have made these markets easily accessible and have lead to increased competition
- An increasing need to build local leaders who understand local culture but still embody enterprise values
The recent evolution of HR
- Organizations need to reevaluate their global mobility programs
- Shifting to strategic human resources management
- Global resourcing to recruit skilled team members world wide