Strategic Human Resource Management, 2nd Edition

6 Fit, flexibility, and agility

DOI: 10.4324/9781003364276-7

As the terrain of competition for organizations becomes more global, companies must build their workforces to be able to compete in a constantly changing environment. Wright et al. (2018) identified four trends that present challenges to firms in their attempts to manage human resources. First, the increasing pace of change in the external environment. Second, the increasing globalization of firms and markets due to both increased telecommunications capability and the globalization of supply chains has resulted in firms having to manage employees across borders, each of which may have unique cultural, competitive, and regulatory constraints. Third, the increasing importance of talent ...