How Does Globalization Impact Recruiting? Globalization has brought many transformative changes, and the recruiting field is no exception. Businesses that were once tied to local labor pools now have global options. This move toward global hiring has allowed organizations to secure the very best workers and reap the benefits of a diverse workforce.
The specific impacts of globalisation on GE policy changes involve outsourcing of manufacturing plants to developing countries, the shift of research and development centres overseas, the shift of various divisions of company head offices overseas, concentration to local workforce in GE overseas operations, and increased focus on exports.
Globalisation (or globalization) describes the process by which regional economies, societies, and cultures have become integrated through a global network of political ideas through communication, transportation, and trade.
Therefore, it is necessary for GE to re-emphasize the importance of remaining flexible across all management levels, so that the company would be able to respond to changes in global and local market environment in an operative manner.