According to the article, growing markets, globalization, and heightened rivalry are the three most important strategic concerns for multinational corporations. It describes the difficulties that HR faces in an international setting, such as the swift change in business, the move towards emerging markets, the global workplace, the need for different leadership styles, and the fierce rivalry for talent. HR has to change to be more business-driven and flexible, concentrating on leadership development, talent strategy, and integrating talent practices internationally.
Historically, HR transformations have prioritized cost savings. Nevertheless, in order to better align with a more business-driven HR function, HR needs adapt their global mobility initiatives. This entails using HR technology and analytics to comprehend global talent concerns, transparent global talent mobility, and ongoing development.