University of PhoenixThe economic downturn has hurtled some companies to analyze its real operations to ensure that its calling strategies include plans to overcome the passe-partout economy successfully. Unfortunately, the current economic state created a trail that have influenced many corporation leaders to make the requisite decisions that involved corporate restructuring or reorganization that impacted its human capital of the United States. Because of current market trends and the prevalent global contender, ensuring that the right fate be in place is imperative in achieving bon ton goals. Therefore, evaluating the role of human resource management (HRM) in respond to trends in the current economy, globalization, technology, diversity, e-business, and ethics is imperative in edge up human capital with business strategies to achieve business and fiscal success. Role of Human Resources ManagementThe role of HRM is valuable in an organization. harmonise t o Noe, Hollenbeck, Gerhart, and Wright (2007, p. 3), ?Decisions such as whom to hire, what to pay, what training to offer, and how to evaluate employee carrying into litigate at a time affect employees? motivation and exponent to provide goods and services that customers value.? However, HRM is as well responsible for recognizing the pitiful performers and must face the task of terminating such positions if results are not aligned with go with strategies. As a result, a company is left with a high performance human capital that will provide the company the payoff over the competition (Noe, Hollenbeck, Gerhart, and Wright, 2007, p. 5). GlobalizationTechnology in communication has truly influenced many employers in tone at alternative solutions in achieving its strategical goals. For example, American companies are using outside agencies to manage its customer service because outsourcing helps a company focus on intimate expertise and less(prenominal) time managing people , which also helps cut costs. tilt with ove! rsees labor force is also affecting U.S. jobs because some companies are outsourcing to... If you want to cook a full essay, order it on our website: OrderEssay.net
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