Contents

• Executive summary
• Discussion
• International dimensions
• Demographics
• Values
• Conclusion
• References

Description

Increasing expansion and development in global economy and every country getting open to global development is building up base for many global challenges and amongst all the biggest challenge is Human Resource Management. “The key to business success lies in the effective management of human resources.” – Eun Jung Lee, Global HR Group, HR Operations Manager, LG Electronics. Yesteryears larger objectives of firms were exposed through the products it produced and hence, the workmen were the only people to work towards fulfillment of a company’s mission and vision statement by production unit only. Gradually the macro economic outlook has changed and not only what we produce is important but how we present it is equally essential. Therefore, a service where-in a lot of human and that too intellectual human intervention is required becomes the first choice for an employer. A product could be put in a caste and molded the way we want, easily. However, the question is big that is it possible that different individuals behave or react in a static or same format year-on-year to multiple cause and one particular objective? It is a debatable issue but is the statement or the question itself stands full validity and justification has been discussed in this piece of writing.