The new concept of Human Resource management has emerged due to globalization. Now organization need to focus on their most asset i.e. The employees rather than financials. The pressure of global challenging market has pressurized the management to change their course of action. The shortage of talented workforce and the restraint of retaining that talented workforce have forced the management to change their approach. The paradigm shift of authoritative and autocratic leadership is now transformational leadership where there is high reliance on communication; the management is now more focused on eliminating the communication gaps and empowering employees. The shortage of talent in the local market has pressurized management to recruit internationally whilst facing issues of visa and migration that varies from nation to nation.
There is no denying the fact that globalization has affected every walk of life. It is there, and its affects will continue to increase with the passage of time. It cannot be avoided. It cannot be ignored. The best option to handle globalization from an individual...
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