Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy

In today’s intensely competitive and global marketplace, maintaining a competitive advantage is required, competitive advantage does not lies only product and services differentiation or cost leadership but in also being able to tap the company’s core competencies and rapidly respond to customer’s n...

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Bibliographic Details
Main Author: Mahamoud, Amina Omar
Format: Conference or Workshop Item
Language:English
Published: 2007
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/2353/1/Amina_Omar_Mahamoud_.pdf
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author Mahamoud, Amina Omar
author_facet Mahamoud, Amina Omar
author_sort Mahamoud, Amina Omar
collection UUM
description In today’s intensely competitive and global marketplace, maintaining a competitive advantage is required, competitive advantage does not lies only product and services differentiation or cost leadership but in also being able to tap the company’s core competencies and rapidly respond to customer’s needs and competitor’s moves. HR management can play a role in environmental scanning, such as analyzing external environment and as well the movements of the competitors, HR also participates in the strategy formulation for internal environment, of the company by doing so HR managers become strategic partners in business operations play prospective roles rather than being passive administrators reacting to the requirements of other business functions. Globalization is like a rain no one can stop it, many countries are signing Free Trade Agreements with each other, employees are being told to be the best and find better ways of increasing productivity or having the company close down because of its inability to compete with other in the same business, to strengthen their position in the market place; many companies are merging with their rivals or acquiring new business. HR managers become strategic partners in business operations, playing prospective roles rather than being passive administrators reacting to the requirements of other business functions.
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spelling uum-23532011-02-14T08:22:58Z https://repo.uum.edu.my/id/eprint/2353/ Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy Mahamoud, Amina Omar HD Industries. Land use. Labor In today’s intensely competitive and global marketplace, maintaining a competitive advantage is required, competitive advantage does not lies only product and services differentiation or cost leadership but in also being able to tap the company’s core competencies and rapidly respond to customer’s needs and competitor’s moves. HR management can play a role in environmental scanning, such as analyzing external environment and as well the movements of the competitors, HR also participates in the strategy formulation for internal environment, of the company by doing so HR managers become strategic partners in business operations play prospective roles rather than being passive administrators reacting to the requirements of other business functions. Globalization is like a rain no one can stop it, many countries are signing Free Trade Agreements with each other, employees are being told to be the best and find better ways of increasing productivity or having the company close down because of its inability to compete with other in the same business, to strengthen their position in the market place; many companies are merging with their rivals or acquiring new business. HR managers become strategic partners in business operations, playing prospective roles rather than being passive administrators reacting to the requirements of other business functions. 2007-12 Conference or Workshop Item NonPeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/2353/1/Amina_Omar_Mahamoud_.pdf Mahamoud, Amina Omar (2007) Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy. In: International Economic Conference on Trade and Industry (IECTI) 2007, 3 - 5 December 2007, Bayview Hotel Georgetown, Penang. (Unpublished)
spellingShingle HD Industries. Land use. Labor
Mahamoud, Amina Omar
Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy
title Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy
title_full Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy
title_fullStr Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy
title_full_unstemmed Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy
title_short Globalization and strategic importance of human resource management (HRM): Activities for the organization's development and economy
title_sort globalization and strategic importance of human resource management hrm activities for the organization s development and economy
topic HD Industries. Land use. Labor
url https://repo.uum.edu.my/id/eprint/2353/1/Amina_Omar_Mahamoud_.pdf
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