Globalization and HRM Strategies Assignment Example | Topics and Well Written Essays - 1250 words

Globalization and HRM Strategies - Assignment Example Technology is a critical tool in competition as it is essential in ensuring quality of goods and services. Though it means increase in production costs of the company, technology as a tool ensures increase in sales and product quality to meet the ever increasing/ growing consumer expectations and taste. Additionally, globalization has seen that a company like Sony improves greatly on its information and knowledge transfer which, much like technology is important in helping the company stay connected and informed of emerging customer preferences. Information therefore enables adaptation to trends and its quick and effective transmission has become vital in customer retention and growth hence. Different cultures of the world have very little effect and impact on Sony and unlike most other multinational corporations, Sony has managed to break the barriers of culture across the globe by producing a wide range of high quality, sophisticated and culturally acceptable goods and services. In addition, Sony’s policy of recruiting from any culture, age, gender and other such barriers puts it in a favorable position for worldwide appeal and acceptance. However, the financial and credit services offered by Sony, for example, may receive negative and little acceptance in other parts of the world. Islam, for instance, strictly forbids the use of usury. In such areas, the company may be viewed in bad light and rejected altogether. This is highly unlikely however as Sony offers a wide range of services and products and if one of them is found to be unpalatable in a certain culture, other products eventually override this ‘dislike’ altogether and firmly establishes Sony in the area. Just like cultures, labor markets are of very... This paper approves that different cultures of the world have very little effect and impact on Sony and unlike most other multinational corporations, Sony has managed to break the barriers of culture across the globe by producing a wide range of high quality, sophisticated and culturally acceptable goods and services. In addition, Sony’s policy of recruiting from any culture, age, gender and other such barriers puts it in a favorable position for worldwide appeal and acceptance. According to the paper the human resource department spends much time with the new recruits in bid to get them fully on board with the objectives and strategies of the company and is focused on universal standard employment offering superior working conditions and paying employees their locally relevant wages. Sony also offers management training to promising recruits. IHRM plays an important role in ensuring productivity of Sony. There are a series of undertakings that the IHRM could pursue to ensure improved productivity and competitiveness of Sony globally. Seminars that serve to enlighten employees further on consumer needs and improve service delivery could be brought on board. The paper comes to the conclusion that Problem solving groups are essential and swift solution of arising issues or any quarrels act to minimize employee infighting and the distractive and destructive office gossip thus creating the much needed and indispensable harmonious, smooth working environment.