.
This section covers the relationship between HRM and the business environment.
It encompasses the influence of the state, the economy and national cultures
on the management of people.
HRM and global competitiveness.
HRM is a system within other systems. The most complex of these is the
international business environment. The forces which act on people management
are not purely internal to an organization. (...) Factors outside a company's
control will affect its requirements for human resources and the way they
are managed.
Read some surprising details about the distribution of
information technology skills around the world. .
Growth and employment.
Economic growth is the most significant overriding variable for people
management since it determines overall demand for products and services,
and hence employment.
Productivity is a key factor. See:
.
Productivity is a key factor. See:
.
IMF praises UK economy but highlights productivity as the 'Achilles heel'. Read
Unexpected sectors of the services industry are driving the recent
improvement in Australian industry productivity. Read
Canada's inability to
compete successfully in the 21st century's global economy is posing a serious
threat to the country's standard of living, according to Jan Grude, National
Chair of the Canadian Association of Management Consultants. See
Economic turbulence. (...)
The law of the market jungle rules - survival of the leanest, fittest and
fastest. (...) 'Market Darwinism' forces businesses to change direction
at short notice, seeking any possible competitive advantage. Businesses
have to keep a worldwide watch for the next revolutionary improvement in
productivity or service.
But employment is determined by complex factors. See this article: Nokia to shift proportion of mobile phone
manufacturing from U.S. to factories abroad - .
Business Environment
HRM Guide Australia
HRM Guide Canada
HRM Guide NZ
HRM Guide UK
HRM Guide USA
