Professional Documents
Culture Documents
Global HR Management
Global HR Management
GLOBAL BUSINESS
Umesh Adhikari (Leader), Nisha Dhakal, Yashpreet Kaur, Sapana Karki, Susma
Adhikari, Rishu Gautam, Uma Pandey
HROB 5000
Management of Human Resources in Healthcare
June 04,2024
Managing Human Resources in
Global Business
• Global human resource management involves
overseeing and coordinating HR activities across
multiple countries and cultures.
• In fact, most companies say that HR-related issues are among the
most challenging barriers to international expansion. 1
• The effective management of HR internationally is
increasingly being recognized as a major determinant of
success or failure in international business (Scullion
1995).
• Research evidence demonstrates that business failures
in the international arena may often be linked to poor
management of HR. (Brewster et al., 2011, p. 14).
Competitive Advantage
teamwork.
Leadership sharing.
Development
Develop cultural
awareness and Empower global
adaptability to work leaders to inspire and
effectively across guide diverse,
borders. distributed teams.
Performance Management and Development
Goal Setting
Establishing clear, measurable, and achievable goals is essential for
aligning individual and organizational objectives, particularly in a
global context.
Career Pathing
Offering clear career development opportunities is a powerful way to
retain top talent and build a strong, globally-minded leadership
pipeline.
Compliance and Regulatory
Compliance and Regulatory
Considerations
Considerations
Labor Laws Tax Obligations
Labor Laws Tax Obligations
Ensure adherence to local employment
Properly
Ensure adherence to local employment withhold and remit
regulations, taxeswithhold
Properly for employees
and remit taxes for employees in
regulations, such as minimum wage, overtime, and
intermination
such as minimum wage, overtime, and each country of operation.
each country of operation.
termination policies.
policies.
• Change strategy
• Reinforcement strategy
• Innovation strategy
Change strategy
Similarly, in 1995 IBM effectively reversed its internal and international HR strategy of cutting
costs by cutting jobs abroad. The giant multinational revised its HR policies using strategic
HRM with a global twist, and realised that it instead it could invest in the value of its people
and so increase profits because, in the words of IBM’s director of international mobility, “We
are a growing service business -- our people are what our customers are buying from us.”
CONCLUSION
In conclusion, effective HR management in the global business
landscape requires a multifaceted approach that addresses the
unique challenges and opportunities presented by an
interconnected world. By embracing these key strategies and best
practices, organizations can build a strong, diverse, and engaged
global workforce that drives innovation, productivity, and long-term
success.
References
• International Human Resource Management. (n.d.). Google Books.
https://
books.google.com/books/about/International_Human_Resource_Management.html?id=j-zcDgA
AQBAJ
• G-P Meridian Core | Global Employer of Record Suite. (n.d.). Globalization Partners.
https://www.googleadservices.com/pagead/aclk?