ODL-Managing People

An adaptive approach to global Human Resource Management (HRM) for multinational companies involves tailoring HR practices to fit local laws, cultural norms, and business environments while maintaining global consistency in key areas. Key strategies include localizing HR policies, balancing centralized and decentralized functions, promoting cultural sensitivity through training, implementing global talent management strategies, ensuring effective communication channels, leveraging technology for HRIS, fostering agility and continuous improvement, and upholding ethical standards and corporate social responsibility. This approach aims to enhance organizational agility, employee engagement, and overall business success in diverse global markets.