Prestige International Journal of Management and Research

Running head: FUNDAMENTAL OF HUMAN RESOURCES
FUNDAMENTAL OF HUMAN RESOURCES
Name of the Student
Name of the University
Author Note

FUNDAMENTAL OF HUMAN RESOURCES1
Introduction
The age of globalization has paved way for various organisations to expand their
business in other countries in order to generate more profits and make a name in the global
market. However, operating internationally is a difficult task and it is important for
organisations to have some qualities which are going to help them succeed in the
international market. Companies are constantly trying to operate in ways which will help
them in gaining competitive advantage which is essential in order to be a huge success. In
recent times, it has been seen that knowledge, technology, services have had a huge role to
play in helping an organisation gain competitive advantage in the market however it is the
efficient human resource management which is the key factors that helps an organisation or a
company gain competitive advantage in the market (Amarakoon, Weerawardena and
Verreynne 2018). This paper will discuss the importance of human resource management in
gaining in helping a firm gain competitive advantage in the market.
Changing nature of the workforce
Globalization is seen to have a massive role in changing the nature of the workforce
in the 21st century. One of the major changes that globalization has brought to the workforce
is the increase in cultural diversity. According to scholars, diversity in the workplace is often
beneficial as it helps organisations in gaining new insights about various cultures from
marketing as well as management perspectives (Miron-Spektor and Erez 2017). Due to
globalization there are many companies that have been operating in different countries and
this has led to more people working in virtual teams in comparison to actual teams. Gibbs,
Kim and Boyraz (2017) states that globalization has helped people witness the development
of processes and tools that help in enabling effective coordination and collaboration between

FUNDAMENTAL OF HUMAN RESOURCES2
employees and teams that are separated by a huge distance which paves way for the advent of
virtual teams in the workforce.
Apart from the operations of an organisation, it can be seen that the role of human
resource management has evolved and has become dynamic in the recent times due to
globalization. One of the major focus of the human resource managers in recent times is one
ensuring and managing efficient workplace diversity as companies that operate
internationally tend to have employees from diverse cultures work under the same roof and it
is of utmost importance to maintain diversity in order to avoid any sort of conflicts. Scholars
state that the human resource management is responsible for selecting, retaining and
engaging employees that are efficient in the organisation so that they can be productive and
help in contributing the organisation in a successful manner which will help the organisation
gain competitive advantage in the market (Johnson and Szamosi 2018).
Globalization has led to companies operating in various different ways that challenge
the traditional methods of operations in a business. It can be seen that the human resource
management has played a huge role in managing with the changing workforce and change
their operations accordingly to support organisations. According to scholars, with the change
in the nature of the organisations and the workforce, it has been seen that human resource
managers have been putting a lot of time on research which helps them in coming up with
proper job specifications that help in the recruitment and the selection process and ensure that
the employee hired is an asset to the organisation and fits the needs of the organisation
(Kaufman 2016). The companies that have been working internationally have various
demands and need employees who have various qualities from educational qualifications to
personal attributes that aligns with the values and the goals of the organisation. The job of the
human resource management is vital in order to select and hire the deserving candidates that
will be beneficial for the organisation.