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11. Implications of Change for IHRM

  • Globalization: Increased competition, need for global talent, and the rise of emerging markets.
  • Technological advancements: Automation, artificial intelligence, and remote work are changing the nature of work and the role of HR.
  • Demographic shifts: Aging populations, changing workforce demographics, and increasing diversity.
  • Sustainability: Growing importance of environmental and social responsibility in HR practices.
  • Digital transformation: The increasing use of technology in HR functions, such as recruitment, training, and performance management.
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