Maximizing the Value of Human Capital

Force 9: Globalization. The international integration of goods, technology, labor, and capital is everywhere to be seen. Globalization has had tremendous impacts on countries and organizations. No medium- to large-size organization has escaped the effect, either positive or negative, of globalization. The challenge is for organizations to take advantage of the positive aspects of globalization and prepare for the negative consequences of globalization. This is best achieved through the development of human capital strategy.

This chapter describes the phenomenon known as globalization, which has had both positive and negative impacts on most organizations around the world. Globalization ...

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