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Current Workforce and the Nature of Work

   

Added on  2023-06-12

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Current workforce and the nature of work 1
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Current workforce and the nature of work 2
Question: ‘Today’s workforce and the nature of work itself is changing, particularly in the climate of
globalization, and the new technological revolution. As a consequence issues facing HRM are expected
to change dramatically in the next decade'. Consider this statement and draw upon at least two topics
from the unit to discuss what some of these challenges are and the specific competencies required by
organisations and HR professionals to support employees in the contemporary business environment.
Introduction
Globalization refers to a new emerging concept or phenomenon. It is characterised by increased
international trading, financial market boundaries and commodity culture internationalization
promoted by the increased global telecommunication system (Sooet al. 2011, p 112). It goes
beyond the socio-economic, political and cultural barriers that countries build around
themselves. It integrates the economy, culture, technological, and legislation. It has given rise to
a new business environment that is new markets, foreign exchange trading and capital markets
connected globally through new tools of technology, internet links, easily accessible cellular
phones, social media network, and new actors. One of the positive impacts of globalization is
widespread of knowledge and information through the increased interaction of people from
different backgrounds. In the globalized world, knowledge has assumed a powerful role in
production led by increased innovations in technology. The paper focuses on rapid technological
advancement and strategic management is the appointed topics for the analysis.
Rapid Technological advancement

Current workforce and the nature of work 3
Technology is rapidly changing everything and impacting every part of business today. The
human resource practices have adopted new practice processes(Francis et al, 2011 p 8). For
example, the human resource management has innovated their ways of recruitment and hiring of
new employees. There have been various hr capital challenges, geographical limitations, and
mobilization. The hr has used the technology to change their functions drastically. For example,
the human resource has changed how the employees and management team can access human
resource data. Technology has changed the way the business market operates, and through
globalization, the local market learned that they could not ignore the global market and
competitors. In the past decade, the industries have learned that they have to understand
emerging markets, technologies and different management approaches (Mamman et al., 2013 p
116).
With stiff competition from the global and local market, companies had to take up the need of
the customer and ensure satisfaction in their environment to enable customer retention.
Technology has led to different challenges for companies. Human resource team has to find
solutions to address this challenges for the sustainability and growth of companies (Solari, 2012
p32). The technology in an organization has made it easier to access, gather and communicate
information to others. The hr integrates technology to into their functions to ensure the smooth
running and operations of the company.
Hr department has innovated some technological tools to assist in the operation of their duties.
Technologies which are web-based plays a critical development role that enables HR to reduce
transactional activities and focus its efforts and resources to increase customer and strategic
services (Mura 2012, p121). Multinational organizations have to monitor and manage the global

Current workforce and the nature of work 4
workforce required to achieve the sustainable growth. The employees of an organization are the
most important component of HR department to sustain the results of the business.
The technology developed to integrate the functions of Hr, but now, the new technology focuses
beyond across the business, and to improve competitiveness. The HR current practices have gone
beyond the physical, cultural barriers and geographical barriers and helped the human resources
to move worldwide and to select and recruit the best talent to the right job in the market
(Armstrong et al, 2015 p152).Below are some of the changes caused by globalization to the HR
department due to technological advancement.
Diversity Recruitment
Globalization has led to the company of all sizes to now interact with customers from different
cultural and social backgrounds (Soo et al. 2011, p 112). The trend is set to continue due to the
internationalization of financial markets and free trading grounds all over. The work
environment no longer hires people of the same background due to high rates of diversity from
investors to customers. Companies involved in diversity recruitment recognizes the value of
recruiting employees that customers can relate to and know what team of diverse people
contributing to the range of idea and influence within the organization. The HR department has
to adjust and consider hiring talents from all backgrounds to accommodate the different cultures.
Emphasis on Training
Training has resulted to focusing requirements and improving professional competencies of
employees in an organization. The company might lose insight on needed skills, and HRM
comes in by offering training to meet the needs and professional competency of the employees.

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