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.