Social shifts towards inclusivity and diversity and economic changes like the gig economy and remote work have driven the evolution of HRM. Recent HR functions include talent management, employer branding, strategic workforce planning, employee engagement, well-being, and development. They also utilize digital tools and data analytics.
Companies aiming to enhance HR functions should focus on global mobility programs aligning with business strategies, talent differentiation, and new leadership models. HR professionals need training in mobility concepts to bridge the gap between business objectives and global mobility. Only 2% of companies view their global mobility function as world-class, indicating a need for improvement.