Discuss the four most relevant considerations for aligning the Human Resources Management? strategy with an overall globalization strategy. 

 

A human resource strategy is an organization's inclusive plan for managing its human capital to align it with its business activities and set the direction for all the most crucial HR areas. The strategy dictates HR practices throughout the organization in areas like hiring, development, appraisals and compensation. Therefore, with every business's current considerations in globalization, proper aligning of Human resources management strategy with overall globalization strategy can yield tremendous benefits with the following considerations.

1.      Understanding the globalization strategy and how its alignment fits the Human resource strategy

In today's changing world, strategizing human resources in the global setting is essential and gives a business a competitive advantage. And in this case, the linkage of the HR strategy to globalization strategy should come after a proper understanding of the strategy and how they are a right fit for each other. This helps ensure that any issues that might arise can be effectively addressed and then the right channels followed in any shortcomings and mitigation done.

2.      Assessment of the current conditions and describing obligations related to the strategy

This involves proper evaluation of any issues necessary for the alignment concerning global strategies in approaching HR. This helps create insight and create more adaptability since the organization can adjust as per the prevailing conditions in the worldwide setting. This involves matters relating to HR policies and promotions.

3.      Planning and implementation of HR strategy

A proper consideration in planning and implementing the HR strategy is essential to aligning with global strategy since a poorly planned strategy would pose challenges in aligning it with global strategy. Human resource practitioners should be considerate when developing such strategies to ensure they can be implemented without issues and fit well in the current state of globalization. Their implementation is a match to the contemporary global world.

4.      Measure and evaluate results and making the needed adjustments

A follow-up on the matter is essential for a strategy aligning to be considered successful since it ensures that the level of achievement is measured and evaluated accordingly. Any shortcomings are addressed, and corrective measures are taken. This is important because without making a follow-up to know if the alignment was a success, it renders the activity as not worth it.