1. How HRM evolves into a global context
The evolution of Human Resource Management (HRM) into a global context has been influenced by various factors, including globalization, advancements in technology, and changes in workforce demographics. HRM can be transformed into global as businesses expanded into international markets by adapts to diverse cultures and legal systems, developing strategies to meet local labor laws and employee needs. The technology has streamlined HR processes through tools like cloud systems and data analytics, enhancing communication and recruitment. Additionally, organizations are focusing on cultural intelligence to manage diverse teams effectively while ensuring compliance with varying regulations. Ultimately, HRM has shifted from an administrative role to a strategic partner, crucial for achieving global business goals.
2. What are the key features described about Global HRM :
Key features of Global Human Resource Management (HRM) includes strategic alignment with organizational goals, cultural flexibility, and compliance with local laws and regulations. To enable more efficient personnel management, global HRM places a strong emphasis on comprehending and respecting the various cultural customs and employee expectations across national boundaries. To achieve compliance, different labour laws and ethical standards from different locations must be followed. Furthermore, by emphasizing talent acquisition, leadership development, and workforce planning in line with the general objectives of the firm, global HRM contributes strategically to shape business objectives.