There is greater awareness in Thai companies for integrating strategic HRM with national, social, economic and environmental exigencies. Major shifts in the global marketplace, escalating demographic changes, the rapid technological advancements, as well as the changing role of women in contemporary industrial society has pressured managers to rethink fundamental organisational practices and policies. A notable conclusion is that these discontinuities have been imposed by both external and internal environmental factors. On one hand, the external environmental factors include globalisation of market or economic situations, government policies or politics, growth of the foreign or the joint venture sectors, stages of industrial relations development, and other significant changes in the domains of firms. Consequently, there has been a call for HRM to have a more strategic role.
In this paper, the forces that have led to the role transition of HRM have been traced. Specifically, a historical perspective of HRM development in Thailand has been delineated into the period before 1990s and after 1990s, and particularly when Thailand experienced the Asian financial crisis. Within the globalisation process in which the business operations become borderless, the need for a speedy reaction to market volatility has led to many organisational restructuring and change programs. The availability of information technology has demanded changes to the skill composition of employees, and coupled with an increased participation of females in the work place, has compelled Thai organisations to transform their structures and work practices. Consequently, resource planning and work related initiatives have become central in HRM functions to improve corporate productivity and employee enterprise.
There is greater awareness in Thai companies for integrating strategic HRM with national, social, economic and environmental exigencies. Major shifts in the global marketplace, escalating demographic changes, the rapid technological advancements, as well as the changing role of women in contemporary industrial society has pressured managers to rethink fundamental organisational practices and policies. A notable conclusion is that these discontinuities have been imposed by both external and internal environmental factors. On one hand, the external environmental factors include globalisation of market or economic situations, government policies or politics, growth of the foreign or the joint venture sectors, stages of industrial relations development, and other significant changes in the domains of firms. Consequently, there has been a call for HRM to have a more strategic role.In this paper, the forces that have led to the role transition of HRM have been traced. Specifically, a historical perspective of HRM development in Thailand has been delineated into the period before 1990s and after 1990s, and particularly when Thailand experienced the Asian financial crisis. Within the globalisation process in which the business operations become borderless, the need for a speedy reaction to market volatility has led to many organisational restructuring and change programs. The availability of information technology has demanded changes to the skill composition of employees, and coupled with an increased participation of females in the work place, has compelled Thai organisations to transform their structures and work practices. Consequently, resource planning and work related initiatives have become central in HRM functions to improve corporate productivity and employee enterprise.
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