CHAPTER 19

Apuntes

CHAPTER 19: Global Human Resource Management Introduction In this chapter, we focus on business functions within a company engaged in a global marketplace, specifically discussing Human Resources Management (HRM). HRM involves activities an organization undertakes to utilize its human resources effectively. These include defining the firm’s HR strategy, staffing, performance evaluation, management development, compensation, and labor relations. HRM helps the firm achieve strategic goals such as reducing costs and adding value by better serving customers. Main topics include the need to adapt HRM practices to national contexts, the complex strategic role of HR in international business, and managing a global workforce. •Strategic Role of Global HRM A strong alignment between human resources and strategy is essential for high profitability. Superior performance depends not only on the right strategy but also on an appropriate organizational structure. The firm must have the right people in suitable positions, trained with the necessary skills, and aligned with the desired corporate culture. HRM significantly influences the firm’s organizational architecture, including peop...