This article helps in understanding the manner in which employees posted on international locations, must be dealt with and managed, so as to minimize the risk of failures. It fulfills the key objective of this course – that of management of global human resources, by explaining the need; and discussing the key approaches, and critical managerial functions in a comprehensive manner.
It enriches and broadens the understanding of the readers, on critical aspects such as the right approach to hire and train the employees, establishing and maintaining labor relations, aspects related to remuneration, and most of all, the need to familiarize the employees’ families with the global culture and environment through appropriate training so as to avoid risk of failures and ensure a smooth functioning of the business and in the process establish harmonious inter-relations between the organizations and their employees.
This article aims to analyze and discuss the contemporary global trends with regard to management of human resources especially in terms of the social responsibility of the global organizations towards people in general. It basically intends to bring to the fore, the issue of global public consciousness and the duties and responsibilities of giant multinational corporations operating beyond their respective national boundaries.
Globalization has led to the expansion in scope of businesses as well as the manner in which it is managed. According to Palazzo and Scherer (2008) the regulatory systems which govern a nation have outgrown its own boundaries and has now expanded to the global corporations as well, which are operating in international locations. Such a drastic change in the role of business, calls for an equally significant change in the management practices of these corporations particularly in the