Management of Human Resources Individual work wk4 Assignment

Management of Human Resources Individual work wk4 - Assignment Example First is the economic globalization where there is increased global marketplace for products. Therefore, organizations should emphasize on innovating new products as well as employ people who are highly skilled and knowledgeable for most businesses are operating globally. Secondly, there is a shortage of skilled labor and talented employees worldwide therefore through information technology it is possible to employ a global workforce thus making it possible to operate globally therefore should be embraced. Thirdly, different countries have different cultures therefore for those firms that operate in more than one country, it is important to adapt the local cultures of each country. Lastly, the business strategies of an organization describe the ways these organizations plan to gain advantage and stay ahead of the competitors. Organizations should ensure that they produce goods of high quality, constantly innovating, providing the best services to customers and keeping costs low. Thes e changes will be incremental as the business world is developing very fast and organizations need to keep up with the speed to beat competition. The HR policies will be affected greatly by the changes. This is because of the fact that they will need to recruit new staff who are skilled as well as train those already in the business it will be costly but worthwhile. I addition, the performance of most organizations will also go up because organizations will be using up to date technology and skilled workers. The consequences include an expensive work force who will be asking for bigger pay for the services they offer as well as the business will grow due to the good performance of the skilled employees. Some of the advantages of using employee surveys to assess progress toward HR objectives include the ability to survey a large number of employees at the same time as well as getting honest and ample feedback. In addition,