Five Year Global Workforce Forecast

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Five Year Global Workforce Forecast

Introduction

In this first decade, of the century with the advent of new technologies and new paradigms it is significantly important to forecast the global workforce and prepare strategies to meet their challenges. Most people can recognize the implications that bring the changes to be raised. It is necessary to specify in which context the companies, especially those in America, they develop to be aware about what their opportunities for development in this highly globalized and competitive world, and how they can manage change as the only viable survival.

Changes in Workplace

The authors of research on organizational changes distinguish between transformational change and superficial change. Flexible working is a trivial change, whether these changes are not part of a broader strategy. It takes time to move to a new culture and a new system of work - usually three to five years (Anagnoson, 2007). Often transformational change is the result of a sequence of small steps guided by a compelling vision. The transformation process should be conditioned for continuous improvement, with the maximization of knowledge and information from the environment and people.

It is necessary, in the process of change, recognizing the need for change first to decide where you want to reach appropriate methods of implementation planning that enable optimal execution of it as the external and internal conditions of the organization determined by the pace growth, market opportunities, increasing customer expectations (internal and external) need to be the best along with the sum of multiple factors, demand a complete change by strengthening organizations and optimizing the processes and resources available, the result looking for higher profits, total customer satisfaction and adequate quality in the workplace.

Workforce Demographics

The major demographic changes that lie ahead are beginning to have an impact on workforce opportunities. The growth and aging of the population has a significant impact on a number of aspects of life, from the composition and technical capabilities of the global workforce to consumption habits or environmental footprint (Abbasi & Hollman, 1991). If companies able to adapt to these conditions will not only create business advantages, but also sustainable benefits for the markets in which they operate.

New Challenges

Many firms are immersed in a series of typical problems such as lack of time, money shortages, and increased complexity in the management activity are fundamental challenges associated with this intensification and internationalization of competition (Winslow, 1993). Moreover, economic fluctuations, demographic changes, and new cultural currents among other aspects affect all the field activities and business functions.

Impact on Organization Function

Human resource management of a global corporation involves a whole series of new professional challenges for the area. At the same time, the ability to cope with these challenges is a field rich in opportunities for the person able to deal with them successfully. By helping people organization qualified to carry out corporate strategy on a global scale, the department HR can become a key to success of the corporation.

Changes in HR Practices

Success is ...