According to this case, social and economic reasons that brought about the recent transition in HRM:
- Globalised workplace /skills gap/: Globalisation impacts all kind of companies and they are facing some workforce for global leadership. Therefore, overseas companies need to find out and train local leader who build operation in other countries who knows local business operation about that country.
- Emerging geographical market: Most companies aspire to enhance their business to any target outside markets, this process is trending among countries.
- Competition: Among all industries, benchmarketing process is increasing and it is one of the cause of competition. HRM is also need to conduct activity and retain their talent workforce.
- Increasing globalization: the rocess by which businesses or other organizations develop international influence or start operating on an international scale is rapidly increasing world wide due to technological development, economic situation and various kind of new development /such as: blockchain/.
So HRM is facing those challenges, otherwise those are leading HRM strategy to transition.