How it evolves in global context:
1. Globalization of businesses : HRM practices need to adapt to culture, legal, and economic environments
2. Diverse workforce : Managing a workforce that spans multiple countries (require understanding of cultural norm & practices)
3. Standardization & Localization : Balancing the need for consistent policies across the organization with the flexibility to adapt to local customs and regulations
Key features :
1. Cross cultural competence
2. Global Talent Management
3. International Training and Development
4. Global Compensation and Benefits