Globalization in HRM and ICT Insights

Globalization describes interconnected developments worldwide impacting all countries, not just the origin, including political, socio-economic, cultural, and technological changes, increasing the interdependence among people and business.

Globalization requires HR professionals to consider international dimensions when applying HR concepts and policies, expanding beyond local borders.

The International Labour Organization (ILO) updates fundamental rights conventions, impacting HR management on a global scale.

Rapid technological advancements are the primary drivers of interconnectedness between different countries.

Global business interactions and information flow have become interconnected, making the world a more interdependent place.

HR professionals must now view their work internationally and consider how HR policies might impact international dynamics.

Globalization requires HR practitioners to understand and apply interconnected global perspectives in their HR work.

Rapid changes in technology are major contributors to the increased interconnectedness and interdependence of countries worldwide.

Information and Communication Technology (ICT) is crucial for globalization by enabling better communication, employment, information access, and business growth, improving productivity by removing barriers.

Child labor is work that exceeds appropriate hours for a child's age and type of work. It is harmful and should be eliminated.

An international agreement emphasizing child protection against neglect, cruelty, and exploitation.

Children should be protected from employment that harms their health, education or development; they should not face labor trafficking.

The increase and widespread adoption of remote work, a direct result of globalization and technological advancements, changing the way businesses function.

Managing a global workforce, complying with different labor laws, addressing cross-cultural interactions, international employees, and many other challenges encountered in managing employees in countries outside a company's home base.

HR strategies that proactively address the needs of and prepare for international employees or a global workforce; crucial for success in a globalized economy.