Vol. 3, Issue 6, Part S (2017)

Abstract
Globalisation brings both problems and possibilities in human resource development, as organisations must focus on efficiency and competitiveness in order to survive and flourish in the fast-changing technological world. Human resource development (HRD) is a business-led method that taps into people's potential, allowing them to be systematically utilized inside organizations. The economy uses new and existing knowledge to boost production in a variety of areas, including agriculture, manufacturing, and services. Globalization affects technological growth by transforming local or regional phenomena into global ones. Talent inflow, technological competency, money inflow, and cross-cultural assimilation are all advantages. Increasing productivity and closing the gap between potential and actual human resources are among the challenges.