Question

1. In the section on the volatility of the global environment, several world events are listed that have had profound implications for the global and local strategies of MNEs. Select a recent world event, identify the specific HR implications that may arise from this, and then devise policies as to how these may be handle

Answer 1

One of the latest events that have disrupted the entire corporate world and business in the impact of COVID-19. It is important to mention that businesses and HR alike have found it difficult to manage the employees and business operations. New challenges are posed from continuing the business process and managing the workforce remotely. It is important to mention that business face the shortage of workers and human resource has to deal with the entire scenario with utmost caution so that employees do not infect from COVID-19. Hence, under this global pandemic scenario, HR should devise strategies that are directed towards the benefit and health concerns of the employees. Employees can be asked to work from home so that they can stay at home and be productive as well. HR professionals and managers can also work remotely and can access the employees through a common portal to resolve any issue and query.

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