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Global Shifts

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‘Global shifts in the supply and demand for labor mean that organizations need to focus more heavily on attraction, retention and career development of staff in order to meet these challenges’- Discuss

The present essay focuses on the strategic human resource management and global shifts in demand and supply of labor which almost all the companies are facing to have skilled personnel. This essay critically evaluates some of the issues related to SHRM, global shifts in the supply and demand for labor which is then linked to the attraction, retention and career development for employees which an Organization provides these days for having better workforce with in the company. To support the arguments in the essay, the evidence are taken from the published scholarly articles. In the beginning of the essay we understand the role of SHRM, issues related to shifts in global labor market and its impact on organizations where recruitment, retention and career development of staff have become major challenge to the companies. We can also understand how employer formulates the strategy or strategies to retain the skilled employees with in the company.

The role of HR executives in the SHRM and Organizational Performance are raising needs for the business and in the next future the HR will play a vital task in achieving the competitive advantage of the company. One international review shows that HR needs to be strategically planned to achieve competitive advantage by being more amenable to an extremely competitive workplace and total business structures, Strongly associated to business strategic procedure, mutually conceived and implemented by both line Managers and HR executives, focused on quality, customer service, output, employee participation, team work and workforce flexibility (Nankervis et al, 2002).

Labor demand is strong and rising in most of the emerging

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