Boston Bruins Patrice Bergeron jersey

Boston Bruins Patrice Bergeron jersey -

Human Resource Policies and Practices at Global Level

* Dr.Shanmukha Rao Padala & ** Dr.N.V.S.Suryanarayana

Concept of HR policies and practices:

??????????? A policy is a plan of action. It is a statement of intention committing the management to a general course of action. When the management drafts a policy statement to cover some features of its personnel programmes, the statement may often contain an expression of philosophy and principle as well. Although it is perfectly legitimate for an organization to include its philosophy, principles and policy in one policy expression, Boston Bruins Patrice Bergeron jersey it is desirable for a student of HRM to separate a principle from a policy. The following statement is an expression of a principle or an objective: ‘it is the intention of the company to provide a safe plant and a healthy working environment'.

??????????? The statement is too general to be any use. A Policy statement on the other hand is more specific and commits the management to a definite course of action. The following is a policy: ‘our policy is to institute every practical method for engineering safety into our processes and equipment, to provide protective clothing where necessary, to train employees in safe operating procedures, and to vigorously enforce established safety rules. Our policy is to provide a healthy plant by giving adequate attention to cleanliness, temperature, ventilation, light and sanitation'.

??????????? A policy does not spell out the detailed procedure by which it has to be implemented. That is the role of a procedure. A procedure is in reality a method for carrying out a policy. A policy should be stated in terms broad enough for it to be applicable Boston Bruins Patrice Bergeron jersey in varying situations. Lower-level managers who apply a policy must be allowed some discretion in carrying out the policy. The circumstances between two departments or sections or nations vary. Before we are going to discuss about the HR policies at global level, it is necessary to discuss the concept of globalization and its impact on human resource management.

Nature of globalization:

??????????? Globalization refers to the process of integrating world economies. However much governments desire to retain economic identities, the powerful trend to integrate national economies is sweeping across the global and counties are falling in line and embracing rapid globalization. Whenever it is the communist China or the communist party governed West Bengal in India, the anxiety to join world economies is the most emerging concept today. Evidence of globalization can be seen in the increased level of trade, investment glows and mobility of people across the globe. Also called internationalization, the Boston Bruins Patrice Bergeron jersey momentum of globalization has been driven by several developments as explained below:

Drivers of Globalization:

??????????? Companies seek to take advantage, by expanding their operations into foreign markets, in a number of ways. First, rapidly developing economies have huge markets. For companies, mostly in developed countries, which have been operating below capacities, the emerging markets offer immense opportunities to increase their sales and profits. Second, many multinational companies (MNCs) are locating their subsidiaries in low wage and low cost countries to reduce their cost of production.