- Globalization:
Organisation in recent days has changed the style of working and tries to spread worldwide. Trapping new market place, new technology or reducing cost through specialization or cheap labor are few of the different reasons that motivate organizations to become global Moreover the way companies integrate their business practices with other countries has also changed. Instead of controlling the whole supply chain countries outsource some part of it to gain the advantage of specialization.
- Emerging Employment Relationship:
changing trends in organizations in recent years have made it utmost important to consider some of the emerging employee relations issues which can affect employers in the coming decade, understanding these issues will help management to plan better and respond to changes in the workplace.
- Changing Workforce:
As the demography of the workforce has been changed in recent years, employers need to adapt their recruitment, training, and management processes to adapt to changing workforce.
- Knowledge Management:
knowledge management is a structured activity that improves an organization's capacity to acquire, share and utilize knowledge for its survival and success.
REFERENCE:
BBA SEM III HRM AND OB BOOK
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