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Barriers or Dilemmas that face Human Resource Personnel

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Barriers or Dilemmas that face Human Resource Personnel
LP5.2 Assignment: Research Paper Draft Final

Barriers or Dilemmas that face Human Resource Personnel

By

T P
Student of N A University
Human Resource Management
November13th 2012

LP5.2 Assignment: Research Paper Draft

Barriers or Dilemmas that face Human Resource Personnel

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LP5.2 Assignment: Research Paper Draft

Barriers or Dilemmas that face Human Resource Personnel

Every day we hear it on news, we read it in the newspapers, we overhear people talking about it… and in every single moment the word ‘globalization' seems to have a different meaning. So what is globalization? The real wealth of a nation is its people. And the purpose of development is to create an enabling environment for people to enjoy long, healthy and creative lives. This but powerful truth is too often in the pursuit of material and financial wealth

Globalization of today’s economy is compelling organization to rethink their future strategies. It is now widely recognized that transformation is a pre-requisite to their survival and growth. Business organization in India especially public enterprises are experiencing winds of change. For the HR function, there would not be a more existing and challenging opportunity than managing the complexities of change and transformation. HR today is playing a lead role along with business functions in creating the necessary momentum and internal capabilities.

Globalization is not just a recent phenomenon. Some analysts have argued that the world economy was just a globalized 100 years ago as it is today. Yet the term is used since the 1980's, reflecting technological advances that have made it easier and quicker to complete international transactions, both trade and financial flows. The most striking aspect of this has been the integration of financial markets made possible by modern electronic communication.
At a political and economic level,
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