Competing in global economy several trends in business worldwide are identified Shifting from investing in an organization fix to investing in the human capital of the organization Moving away from a structural focus toward a cultural focus Focussing less on work processes and more on developing people and programs that motivate both behavior and performance
Human Resource
Human resources managers in a global environment require a fundamental shift from traditional administrative personnel manager to intellectual capital management in the way the organizations value work. The forgotten assets are largely intangible and include Human assets – knowledge, skills, creativity and experience Intellectual assets – information, memoranda, illustrations and publications Intellectual property – patents,
Purpose : Be ethically sound, conscience guided, feel good about myself Pride : Not need the acceptance of others to feel important. Balanced self-esteem keeps the ego and desire Patience : Have a strong belief that things will eventually work out well. Do not expect instant result and be at peace with what comes Persistence
