• Dr. Reeta V. Sontakay

When a business expands its operation into other countries, the impact of globalization on human resource development and management is significant. Companies need to consider a diverse range of practical adjustments to be able to hire, train, retain and support a workforce that's often spread throughout several countries, which often have varying cultural identities. Human Resources departments must adapt their thinking and practices to include cultural differences, foreign regulations and technological developments. Today more than ever, organizations must capitalize on a changing business environment, improve profitability and overall productivity, formulate and implement a planning process and make better strategic decisions. Perhaps the most striking change in Human Resource Management today is its increased involvement in human resource planning, while developing and implementing the company’s strategy (the company’s long-term plan for how it will balance its internal strengths and weaknesses with its external opportunities and threats to maintain a competitive advantage). The concept of human resource planning takes added significance, therefore, in firms that build their competitive advantage around their people. However, there are several basic trends, which pose a threat to the accuracy and validity of human resource planning predictions, and which prove to be important factors in determining the strategic direction of most firms today. The most obvious of these trends is the globalization of markets. Firms in days gone by, that competed only with local firms, now face competition from foreign firms. As one expert puts it, “The bottom line is that the growing integration of the world economy into a single, huge market place is increasing the intensity of competition in a wide range of manufacturing and service industries.” Deregulation has reinforced this trend, as nations eliminate the legal barriers that protected industries from unbridled competition.

Strategic Human Resources, International Human Resources, Global Human Resources, Human Resources Effectiveness, Global Leadership, Hr Strategic Partner

"EFFECT OF PROLIFERATION ON STRATEGIC HUMAN RESOURCES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.135-141, May-2019, Available :http://www.jetir.org/papers/JETIRCE06018.pdf

"EFFECT OF PROLIFERATION ON STRATEGIC HUMAN RESOURCES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp135-141, May-2019, Available at : http://www.jetir.org/papers/JETIRCE06018.pdf