Not only is the U.S. experiencing a demographic shift, but the world is also cha

Question

Not only is the U.S. experiencing a demographic shift, but the world is also changing, and national borders are becoming blurred. This increased connectivity will highlight human differences while putting organizations in a position to benefit from the multiple perspectives gained through a diversified workforce. BANKS Industries continues to look for business acquisitions and plans to continue to expand over the next five years.

Consider forecasted changes in the U.S. and on a global level:

Given increased globalization and demographic shifts, what changes in the workplace are likely to occur? Explain in terms of workforce demographics, new challenges, and benefits.

How will these changes impact the way organizations function?

How will HR practices change staffing, rewarding, employee relations, communication, performance management, training and development, and technology? Within that discussion, point out current best practices that may require modification as well as the most appropriate modifications.

What are the legal and ethical implications of change?

How should current employees and leaders begin to prepare for this change? Prepare a change management plan that includes strategies to communicate relevant information to employees.

Explanation / Answer

Globalization is being affected by many factors and its been gradually changing as well as developing. Discuss Pacific development is taking shape with the help of some of the external forces in the globalization which can be described as follows.

Technological advancement

Increased customer demand

Intense competition

• Technological advancement

World is moving towards a digital age and most of the organisations are turning digital. This specific advancement process of being digital is leaving a huge impact on the overall organisational structures across the globe. By having an organisational structure which is directly Technology oriented, overall efficiency as well as productivity of the specific organisations is also increased. If a company is not technologically advanced it will definitely go out of the race as it couldn't be able to match the pace of the specific industry. Technological advancement plays an important role in increasing the overall communication as well as efficiency of different departments inside an organisation. From supply chain management managing the internal human resources of the organisation requires technological advancement and its benefits as it's really hard to keep track of increasing population as well as employee inside an organisation. With the help of the electronically managed system one can easily increase the overall level of compatibility towards the specific organisation. With the help of the technological advancement a company can easily compete with the help of different resources like Internet and other technological terms. By implementing automation as well as different robotic techniques which are literally technically very advanced can benefit a company or an organisation by a huge margin as it provides an edge over the human resources. We can see that technological advancement plays an important role in shaping the shape of globalization of industries.

Steiner electric is one of the finest examples of taking benefit of the technological advancement, by implementing New Year digital strategies into the structure Schneider Electric has gained a very large share of market.  

• Increased customer demand

Increase in customer demand also provides inability to supply more for the organisations. Specific increasing customer demand increases the overall production of the manufacturing plants which directly increases the sales of the organisations and provides a support as well as better revenue generating system for organisations. By having a support system for the customer demand, level of compatibility of the specific industry is widely increased toward the customer. What a customer needs and what region is requesting directly shapes the overall industry of that specific region and provides a very Basic support as well as advancement in the same industry. This specific increase in customer needs also increases the level of implementation of different innovative strategies and provide a better value for customer as the competition goes up.

For an example prices of soaps and cosmetics have been very much degraded since last few decades its thundering effect of increased in customer demand help the overall level of competitors and in the market and the price is lower with the help of new innovations as well as different strategic improvements.  

• Intense competition

Globalization is facing competition. It is the one of the main factors which influence the overall process of globalization. Increased competition at a huge scale and directly involvement of the different companies into the competition increases the level of innovation in the organisations. This specific increase in innovation directly affects the user and the customer as it provides better services and products to the customer at the same price point because of the competition. Increasing competition also provides space for innovation which is required for each and every industry across the globe.  

A fine example for competition would be automobile companies Industries across the globe who directly compete with each other for creating better products for the automobile industry.  

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Human resource management is widely being affected by globalisation. As the organisations are turning Global and they are integrating their operations as well as processes into diverse cultures and products as well as provision of the services maintenance of the human resource management systems has become very tough.

Some major factors which are being affected in the human resource management due to the globalisation are as follows.

Diversity in recruitment

Due to the globalisation number of diverse culture which are being recruited have been widely increased. Due to the globalisation number of different cultures are applying for jobs across different places in the world regarding their skills. This is directly increasing the overall diversity in the organisations which is better for understanding different cultures and to improve the productivity as well as efficiency of the organisation.

Skill development

Due to the scale which is not limited to a specific state and is responding to a global level, overall level of the skills is very much improved. As the Global scale of standard is very high hence the people have to gain more skills to work in the multinational companies in the Global structure. Increasing competition as well as having a push for the professional development is being implemented due to the globalisation on the human resource management system.

Better training

Better training program as well as increase understanding of the specific situations and specialised training programs have been being arranged for different organisations. Standard for training safety and security has also been very much improved as the world is moving towards a global stage where everything is 8th standard of better quality.

Law management

As the world is moving towards creating a perfect globalised platform for business, understanding of the law has been very widely increased. By having an understanding of different laws across the borders as well as International laws overall productivity and safety of the organisations are widely increased. Globalisation is affecting human resource management at a very large scale because of the proper understanding of the international laws which is being followed by multinational companies as well as other companies would use in different countries or places.

All in all we can say that the globalisation is playing an important role in affecting the human resource management systems. It is being very widely improved in many aspect And also gaining better Technologies and methodologies to management and its services.

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Change management can be defined as a process which is required to Highly Effective organisational change or transformation inside an organisation which can be obtained with the help of the professional approaches which directly impacts the overall change inside the organisation effectively and smoothly.

Change management is a specific process includes all the approaches which are required to implement a change into a system.

Some implications which change manager faces in introducing the change into the organisation are as follows

• Communication

This is one of the main issues change manager faces inside an organisation, change in the organisation requires the proper communication which is mostly not done inside an organisation for implementing a specific change. Lack of communication creates confusion and also create disruptive results as there is no communication between the manager and employee which results into a problem inside an organisation.

• Providing explanations

Provision of explanations to the Employees about the change can be very difficult at the time. Most of the time it is really hard to explain to your employees about the specific change. Buying a proper strategy as well as pre decided system manager can easily increase its ability to grow the explanatory skills which can be used to explain the changes to the Employees.

• Implementing new tech

Implementation of the new technology inside an organisation could be very confusing as well as frustrating for the employees as it can change the hole pattern of the data management as well as the information flow. This specific change creates extreme frustration inside an organisation and lead change leader or manager into trouble. As the technology is totally new most of the managers are not aware of the specific results for the problems included in the new technology. They can be reduced by a learning the specific Technology before applying into the organisation.

• Conflict management

It is very usual that while implementing the change into the organisations, conflict happens. Managing the conflict is an essential quality of a change manager. Managing the specific conflict inside the company or the organisation is one of the most prominent issues while implementing a change. From a manager aspect there are so many conflicts going on inside an organisation along with the change happening so that the specific management of the conflict is really hard.

• Expecting the quick change

Most of the employees inside the organisation expect a larger benefit from the change provided at a very less period of time. This specific factor creates a feeling of failing in implementing change hence it creates a problem of demotivation inside the organisation and create complication for the change manager.

All in all we can say that most of the time change manager faces the extreme implications over the changes happening in the organisations . By maintaining a proper communication and being involved in the company's structure a change manager can easily reduce the overall effect of these implications and can provide support to the basic structure of its workplace.

P.S. - Please use separate threads to ask multiple long questions in one go.

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