Is changing workplace one of the challenges faced by globalization?
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As the globalization wave reaches emerging markets, IT leaders face new mangement challenges. Here's advice on how to balance the competing—and often conflicting—needs of established and developing business locations.
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One of the challenges faced by the sector of human resources is the changing workforce and to retain skilled and specialized people within the organisation.
Explanation:
- Human resources need to become more flexible and innovative in their ways of working for supporting the people and to recruit new talented people from diverse cultures and provide them with better opportunities and benefits.
- Globalization has resulted in a diversified workforce with different cultures, ideas, and viewpoints.
- People from various cultures come with new and creative ideas for increasing the profits of the company.
- A number of companies globally are outsourcing their business which has led to major workforce diversity.
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