Reference no: EM131666590

Assignment

This Is not a paper but a REPORT

Write an 8-10-page executive report in Word format. Support your predictions and suggestions with scholarly resources and empirical evidence. The executive report should include a cover letter, a title page, a reference page, and sections addressing the topics listed. Apply APA standards to citation of sources.

Five-Year Global Workforce Forecast

Not only is the U.S. experiencing a demographic shift, but the world is also changing, and national borders are becoming blurred.

Select a country where you would like to expand and explain: Why you would expand to that country, Implications, local labor cost and market, salary difference, political climate (if country is financial and political stable) - how will you train managers and personnel (language barriers if any), geographical advantages, as well as how will you expand by acquiring an existing company on that county or by exporting operations.

Also address the following points.

Given increased globalization and demographic shifts, what changes in the workplace are likely to occur? Explain in terms of workforce demographics, new challenges, and benefits.

How will these changes impact the way organizations function?

How will HR practices change staffing, rewarding, employee relations, communication, performance management, training and development, and technology? Within that discussion, point out current best practices that may require modification as well as the most appropriate modifications.

What are the legal and ethical implications of change?

How should current employees and leaders begin to prepare for this change?