Sample Essay
The changes in the contemporary global economy are in the background of many of the emerging challenges in human resource management within Tesco. For example vast macro societal changes are binding the countries into interdependent communities of nations within which the goods, the capital, and the people move freely with regulatory framework and cultural barriers.
So it needs a careful attention to the paradox created in the design of corporate structure, the management of human resource and the maintenance of multifaceted culture and the flexibility of people in the organisation as the key variable for success. The influence of human resource and employee relations can be realised in competitive advantage reform and restructuring programme and in management of change for success and growth of the organisation. Besides, in the Global Firms the role of HRM and ER is important for management of value of cultural diversity and its costs, the leadership style of executives to maintain a balance between corporate objectives, the affiliate countries and global business and development of multi-cultural top management group etc. which ultimately will bring down a strategic alliance of Human Resource and Employee Relationship.
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