Impact of Technology on Global HRM

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Industrialization leads to prosperity for nations & technology innovations for the world. The technology and innovation has tremendous impact on global HRM.

Impact of technology

World has become smaller and workplaces has become flexible due to advancement of technology. Modern communications technology provides the means to manage the most challenging issue or crisis situations. Internet is a powerful tool for strengthening relationships. The use of both Internet and intranet as tools is helping the organizations achieve its objectives.
The most important benefit is of using the new breed of communication management technology is that it puts the full potential of the Internet as a communication tool in the hands of executives or communicators and removes control from technicians, Web programmers, and IT managers who understand technology but do not understand the communication demands of the instant news world. Through technology, the communication within the organization has become more effective. In addition, technology is also enhancing the organization's capabilities to produce their products in a better manner. As a result, organization can be more lean and cost-effective.

Impact on HRM

The technology is enhancing the relationships among organization and its older employees. It can be used to orient new employees. It is helping to make employees more of "partners" and can function independently, take decisions independently, and work as a part of extremely high-powered, self sufficient teams, empowered to take their own decisions. Thus employees have to learn the tricks of the changing environment, especially the older ones. "Flat, self-managing teams" will be the units of the future since empowerment and decision authority must be with the people who are closest to the product and the customers. Virtual Organization or Boundary less organizations are becoming popular as now information is freely and instantly available to all alliances and members.
Trend of Virtual team and bondaryless organization
"The Virtual Team" is a concept that has become extremely popular in various forms. First propounded by GE CEO Jack Welch in 1990 as the "Boundaryless" organisation, the idea has caught on extremely fast amongst global majors.

A key concept behind Virtual teams is how multiple entities can come together, without the end consumer even ...