Evolution of Global HRM:
As globalization advances, HRM adapts to manage diverse workforces across borders, driven by factors like technology and diversity.
Key Features:
Standardization and Localization: Balancing global consistency with local adaptation.
Talent Management: Focusing on attracting, developing, and retaining a diverse workforce.
Cross-Cultural Competencies: Navigating cultural differences and fostering inclusivity.
Compliance and Risk Management: Ensuring legal adherence and mitigating international risks.
Technology Integration: Leveraging technology for global communication and HR processes.
Strategic Alignment: Aligning HR practices with organizational objectives for sustainable growth.