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Human Resource Development

Environmental Factors that most directly affect the HRM Process

By - Aditya Upadhyay 1154

Human Resource Management

Environmental Factors
Globalization Legal Considerations Society Unions Shareholders Competition Customers Technology Economy Government

Globalization

Effects Of Globalization
Fall in Prices, increase in Demand Mass Production Competition Technology Many Opportunities Cross Culture Differences Unionization

Effects on HRM Process


Difficult to select Right Individual Rise In Training Cost to train employees on new technology Due to Unionization employee needs more benefits Cross Culture Handling Job Hopping Government Interventions

How to Cope with Problem


Select Skilled Employees to minimize training cost. Make representatives in union (Union Leader) involve him in taking any major decisions (prevents Strikes) Conduct Proper Appraisals in order to find out training needs Provide Employee security and Fun at work Place programmers to motivate them.

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