Since the first edition in 1999, there have been two major forces at work in the field of HRM and SHRM:

• Globalization - Globalization has brought an increase in competition worldwide and has made the effective management of people even more important. Newer organizational forms like international joint ventures and international mergers and acquisitions have resulted. Together these have a huge impact on the fields of HRM and SHRM.


• Knowledge Management- Associated with globalization and increased competition, is the need for companies to be more knowledgeable in the dynamics of worldwide competition and labor markets, and to manage knowledge more systematically than ever before.

The welcome second edition of Strategic Human Resource Management provides an invaluable guide to work at the cutting edge of the discipline, highlighting the new reality of SHRM in a global, knowledge-based environment.