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Showing posts from April, 2023

How can IHRM assist for technological globalisation?

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  Source: usemultiplier In today's fast evolving world, technological globalisation has become a significant driving force behind economic growth and development. It has facilitated international trade, helped connect people and businesses across the globe, and enabled companies to expand their operations to new markets. However, as Stahl et al. (2012) summaris, for organisations in navigating the challenges of technological globalisation, this comes the need for International Human Resource Management (IHRM) to assist to make it through. Facebook, Instagram, Skype, and YouTube are all examples of technology platforms that have played a significant role in technological globalization. These platforms have helped connect people and businesses across the globe, facilitated international communication and collaboration, and enabled companies to expand their operations to new markets. Source: Modern technology IHRM can help companies leverage technological globalization by adoptin...

HR leadership to an inclusive environment at work

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Source: AIHR In today's globalized world, creating an inclusive work environment is essential for the success of any organisation. Leaders and HR play a critical role in fostering inclusivity, and there are several emerging theories and best practices that HR can use to create an inclusive workplace culture.  What is an inclusive workplace culture? Source: YouTube- What is an inclusive workplace culture? The Importance of Inclusivity in the Workplace There is a growing body of evidence that shows that organisations with more diverse workforces are more innovative and better able to adapt to changing markets . For example, a McKinsey report found that companies in the top quartile for racial and ethnic diversity are 35% more likely to have financial returns above their respective national industry medians. Similarly, companies in the top quartile for gender diversity are 15% more likely to have financial returns above their respective national industry medians (Mckinsey,2020). In ...