MY HR Blog

How it impacted the world globalization. In the modern business world, the concept of globalization become very popular and it invaded the mind and the soul of every organization. Globalization helps to improve the sales and profits of the organization and it's expanding the boundaries of top line and bottom lines. Globalization is the way of becoming a smaller community in the global business by eliminating the virtual boundaries. Although the world is becoming more complex than the last decades, it has become a small village with free flow of technology and human resource across the boundaries of the nation presenting a rapidly changing and increasing competitive environment (Andrew, 2016). Globalization is the free movements of labour, capital, goods and services around the world. This globalization being done by most of the big commercial companies, which are having the most powerful control of the world economy and the superpower economies. This globalization tak...

  WHY CSR TO A BUSINESS?  On a global perspective, all the private and government organizations are ramping up the forces on social responsibility. This can be a protecting the environment, championing children's and women' s rights or prevent poverty on a local or global level. CSR activities are more attractive to stakeholders and it will affect positively for the bottom line of the organization( Strandberg, 2013)   One of the main benefits of CSR is, CSR policies drive the organization to attract and retain their customer base, which leads to long term stability in the business. Many individuals will agree for a premium price of the goods, knowing that a certain portion of the profit will be delivered to the society. Socially responsible organizations successfully attract and retain talented employees and it can be helped to achieve substantial achievements, which will increase employee morale and productivity. CSR can also consider as a ...