International Employment Relations(Human Resource) Essay

International Employment Relations(Human Resource) Essay International Employment Relations(Human Resource) â€" Essay Example > IntroductionSystems comprise of inter-dependent sub-systems that are linked together to achieve a common objective. The globalization process aims at uniting the world on the economic, social, political and commercial fronts. Towards this end, nations will be required to adjust their national and regional structures in order to facilitate relations with other nations. However, the most critical aspect to the globalization concept is the decentralization and deregulation of the product and labour markets. Growth among nations is based upon their production capabilities and resource availability. This paper therefore aims at discussing the globalization concept by focussing on the deregulation and decentralization of the labour and product markets. GlobalizationTechnological and other advancements within the world have made it possible for individual and organizational entities to surpass geographical boundaries and mutually interact with each other on various forefronts. These fore fronts include trade, political, social, economical and technological among others. In the recent past, nations and corporations have strived to establish relationships with other similar entities towards the provision of products thus increasing their operations and activities as well as creating new markets. This interaction has seen the unification of various entities within the world as organizational and individual entities reach out beyond their geographical boundaries and establish mutually beneficial relationships. Scholars have referred to this trend as globalisation that has been evidenced by nations entering into agreements with each other and/or forming alliances (Stiglitz 2003, p11). Stiglitz defines globalization as the process through which societies or entities enhance their connectivity as well as interdependence in the world markets (2006, p24). From this definition, globalization may seem a simple activity but realistically it is quite a complex activity. This i s because entities entering into a relationship have to evaluate their needs and find a matching entity that can be able to meet their needs in exchange for another product. The matching principle therefore makes the globalization process much more difficult although beneficial to the involved parties. However, it should be noted that globalization does not only exhibit the commercial aspect only. Globalization aims at tightening the ties between societies by bringing them closer together by harmonising their philosophical, economic, social and political ideologies (Stiglitz 2003, p14). The concept therefore aims at uniting societies in all major fronts and enhancing cohesive living among individuals and the utilisation of the available natural resources. In the past decade, the globalization process has been fuelled by two major developments within the society. These are; the development of technological infrastructure and the internet. With the bust of the internet, individual en tities were able to connect irrespective of their geographical locations and this led to an increase in trade activities. Initially, the internet was mainly adopted for commercial purposes until later on when social, economic and political activities began being pursued through the internet. As a result, entities with different perspectives on the world process found a common forum whereby they would share their perspectives and assist in making the world a better place (Speth 2003, p144). Through globalization, entities are able to acquire and utilise scarce resources from other entities that have them in their plenty.