The Evolution of Human Resource Management in a Global Context
Driven by Globalization: The opening of global markets and advancements in technology have allowed companies to expand operations worldwide. HRM has evolved into a global perspective to accommodate the varying cultural and legal requirements of different countries.
Global Talent Competition: Globalization has also led to competition for talent on a global scale. Companies are no longer confined to local hiring but implement global talent strategies to seek out the best employees from around the world.
Key Characteristics of Global Human Resource Management
1.International Employee Training and Development: To help employees adapt to different work environments, Global HRM designs and implements global training and development programs that prepare employees for the challenges of working in cross-cultural contexts.