The article highlights the
critical role of HR in managing global talent deployment to address skill
shortages and enhance strategic business operations. HR professionals are
increasingly assigned international roles to gain firsthand experience and
manage global mobility effectively. It also underscores the strategic importance of aligning global mobility with
business goals to tackle challenges in emerging markets, globalization,
and competition. The current gap between strategic needs and global
mobility performance necessitates better integration and capability
development within HR.
Social and Economic Reasons:
- The transition in HRM has been driven by globalization, which compels companies to expand into new markets, necessitating effective global talent mobility.
- A global skills and talent shortage has forced organizations to strategically deploy HR resources to meet diverse regional demands.
- Intensified competition in the global business environment demands leveraging global talent to maintain competitive advantage.
Evolution of HR Functions/Roles:
- HR has evolved to become a strategic business partner, actively participating in aligning global mobility with business strategies.
- It now includes global talent resourcing, integrating global mobility with talent acquisition and management.
- There is a strong focus on capability development, with HR professionals being trained to handle complex cross-border mobility issues effectively, ensuring alignment with business objectives.