ADMS 2600 Chapter : ADMS 2600 Summary (2).doc
Document Summary
Competitive challenges and hrm: the most pressing competitive issues facing firms, going global, globalization the trend toward opening up foreign markets to international trade and investment. Lower trade and tariff barriers nafta, apec, gatt, wto. Identifying capable managers and workers in foreign workforce: developing foreign culture and work practice training programs, adjusting compensation plans for overseas work, embracing new technology, technology allows organization take advantages of information explosion, e- commerce , virtual workers, etc. Advanced technology has tended to reduce the number of jobs that require little skill and to increase the number of jobs that require considerable skill, a shift we refer to as moving from touch labour to knowledge work. This displaces some employees and requires that others be retrained. Headaches the experience, or the most time consuming tasks, and then choose the applications that can have the strongest impact on the firm"s financial measure.