Societal consciousness has shifted from national to international and global spheres, and the world is increasingly perceived as one place. Many sport organisations now find that they are under increasing pressure to engage in globally benchmarked sustainable management systems and processes, across all functional areas from finance to HRM. Some sport organisations have used aspects of the globalisation process to create new opportunities for expansion and growth, while others have been
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and Canada, it’s not an issue in Asia, where places like China, India, Singapore and Thailand are all currently experiencing at least 9 – 10 percent growth. The U.S. is less friendly than Canada when it comes to immigration, which can present a challenge. In addition, employee engagement is driven by very different factors around the globe: In Asia, employees want titles and learning opportunities, compensation and benefits comes down the chain; in the U.S., health care coverage is most important, then compensation, then responsibility. With that said, let’s take a look at what Wallack says are the most noticeable trends for the rest of this year:
10 Global HR Trends for 2011
1. The importance of globalization and integrating markets: Companies will become larger and more global in the next 10 years, handling operations in more countries than they do today.
—We’re living in an increasingly border-less world.
2. Talent management: Finding and retaining quality talent continues to be essential to business sustainability. Finding and retaining quality talent continues to be essential to business sustainability, though its importance in relation to other challenges differs by location. (AUTHOR UPDATE: Respondents from Brazil and Sweden rated this issue in the BCG/WFPMA study as being of lesser importance than other top-10 HR challenges relative to respondents from 15 other