Human resource challenges in global environment

Rising economies such as those of China, India and Russia not only are influencing trade and labor policies worldwide but also are affecting issues such as the environment and international politics. For HR professionals, the growing world market is putting greater emphasis on certain HR competencies. Those skills include the use of technology in managing human capital across the globe and the development of in-depth business knowledge that takes into account international differences in supply …

…issues in countries where U.S. companies will be doing a growing amount of business. Most HR professionals are likely to find themselves working increasingly on projects with global aspects in the decades ahead. It may not be easy to develop a core set of accepted human resource practices within the framework of cultural differences, but it will be one of the most important goals the HR profession must accomplish in the years to come.