Global Resourcing Challenges

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A. Discuss the key global resourcing challenges facing organisations today? B. Suggest what organisations should include within their people resourcing strategies to best meet such challenges.

Part A:
1.We can begin the discussion by explaining the concept of human resource which consists of functions like selection, recruitment, training, development of the organisation, safety, motivation of employees, performance management, reward and compensation etc. 2.The most prominent feature of modern world is globalization and it is most commonly said that with globalization ties between two countries become stronger. Due to globalization different countries with different cultural values, norms, organisational structure, labour market comes in collaboration with one another. 3.An international manager is appointed who has a global orientation and operates without any particular culture and have effective cross-cultural communication. If a wrong person is selected for an expatriate position it can give away a lot of negativity to the new venture like friction in the relationships with the parent company, reduction in profit margin and even to the extent of giving a bad reputation to the company. It is necessary for the manager to select the right person for the job with specific abilities and competencies. 4. But with globalization becoming so prominent a lot of business organisations are facing many a challenges as far as resourcing is concerned. One of the major resourcing challenges faced by the companies is Outsourcing. By outsourcing the companies try to fit in the best talent available in the world market into their organisational structure. Outsourcing is considered to be cost-effective as the organisation outsources those aspects which can be best handled by other companies who are specialized in that field. Hiring labour is also another dimension. Many economically richer countries can utilize labour power from some financially backward countries as...
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