Professional Documents
Culture Documents
MBA SEMESTER - II
(2021-23)
SUBMITTED BY
Name – Richard Tirkey
Registration No - 21104710017
INTRODUCTION
The human resource managers are the
key people in the industry. They play an
important role to bridge the expectations of the
employers with the aspiration level of the
employees in the organization. Liberalization,
privatization and globalization have brought
subtle changes to the Indian industries. The
industries have been opened to the global
competition with the resources, manpower and
technology available to them. In such a
competitive global scenario the Industries require
suitable human resource personnel. They
evolve suitable methods to tackle the issues arising
out of changed situation by including
factors like strategy, staffing, organizing, leading,
management development, organization
culture and climate, performance evaluation and
compensation management. However, in
the changing global environment the challenges
before the HR managers expect them
strategic skills to prove their competence in the
industry. The factors like workforce diversity,
cultural differences, organization's style and
strategies paves way to the concept of ‘Global
HRM’
Challenges faced by global HRM
According to Lu and Bjorkmann, (1997) the major
challenge faced by the global
human resource executive is that he should possess the
knowledge to identify the extent and
imitations to which the HR policies and procedures can
be standardized in the global
scenario. So, the challenge is evident in the various
process of human resource management
right from recruitment, selection, training, performance
appraisal, compensation
management, etc and also with the environmental
aspects like cultural differences, language
differences, labour laws prevailing in the operating
country, etc.
CONCLUSION
This topic has a broader perspective that touches upon
the major HR activities like staffing, training and
development, performance appraisal, compensation,
labour relations, change management, etc., that’s
different from the domestic environment. So, it’s evident
that the HR team must formulate a strategy to find the
correct path in the business maze that satisfies the
global HR mantra ‘right man for the right job at the right
place and at the right cost’. The facts like expatriates,
glopats, competency mapping, succession planning,
knowledge management, etc were taken and discussed
to understand the role of the HR manager at the
different levels of a global organization. Like-wise one
size fit all strategy is a hypothetical one and only tailored
solutions can be adopted by international firms.