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Development of IHRM.pptx
- 1. Dr. Madhavi V. Peddada
- 2. the expansion of business operations across borders The growth of multinational corporations (MNCs) Promoted new challenges that necessitated the development of HR practices ©Dr. Madhavi Peddada, 2024 All rights reserved
- 3. Globalization of business deployment of expatriate employees common Promoted the need for effective expatriate management strategies ©Dr. Madhavi Peddada, 2024 All rights reserved
- 4. Mid 20 Century MNEs increased Demand for specialized HR practice also increased Resulted into initial recognition of IHRM ©Dr. Madhavi Peddada, 2024 All rights reserved
- 5. Advanced communication technologies Promoted communication, training across borders, and management of HR more efficiently ©Dr. Madhavi Peddada, 2024 All rights reserved
- 6. Diverse Labour Law Employment practices in various countries ©Dr. Madhavi Peddada, 2024 All rights reserved
- 7. Increased attention on compliance with international labor laws, regulations, and ethical considerations ©Dr. Madhavi Peddada, 2024 All rights reserved
- 8. IHRM debate implement uniform HR policies across all locations Vs. tailor HR policies to fit the specific cultural and legal contexts of each country Read more ©Dr. Madhavi Peddada, 2024 All rights reserved
- 9. Approach balance global consistency with local responsiveness ©Dr. Madhavi Peddada, 2024 All rights reserved
- 10. Focus on talent management and succession planning in IHRM identify and develop high- potential employees across borders to ensure a pipeline of skilled leaders for the future ©Dr. Madhavi Peddada, 2024 All rights reserved
- 11. Recognition of cultural differences Importance of diversity management in the workforce Cultural training and diversity initiatives to enhance cross-cultural understanding and foster an inclusive global workplace ©Dr. Madhavi Peddada, 2024 All rights reserved
- 12. Crucial role in supporting global business objectives Global scale contribution: talent acquisition, development, and retention ©Dr. Madhavi Peddada, 2024 All rights reserved
- 13. ©Dr. Madhavi Peddada, 2024 All rights reserved
- 14. Adaptation: economic conditions, geopolitical landscapes, other external factors that impact global business operations ©Dr. Madhavi Peddada, 2024 All rights reserved
- 15. Rapid changes in the business environment - adapt quickly to changes ©Dr. Madhavi Peddada, 2024 All rights reserved
- 16. Increased scrutiny of business practices uphold ethical standards socially responsible practices ©Dr. Madhavi Peddada, 2024 All rights reserved
- 17. REFERENCES 1. https://locize.com/blog/globalization-vs-localization/ 2. https://inside-global.com/localization-vs-standardization/ 3. https://management-training-guru.com/2023/06/how-ethics-and-compliance-play-very-important-part-in-any-company/ 4. https://bstrategyhub.com/what-is-a-transnational-business-strategy/ 5. https://www.business-to-you.com/international-business-strategy/https://www.linkedin.com/pulse/succession-planning-talent-management-key- strategies-building/ 6. https://www.linkedin.com/pulse/6-reasons-why-cultural-competency-good-business-dave-ballai/ 7. https://www.hourly.io/post/cultural-diversity 8. https://www.slideshare.net/manumelwin/integration-strategies-corporate-level-strategies-strategic-management-manu-melwin-joy 9. https://hr.university/shrm/strategic-human-resource-management/ 10. https://bradenkelley.com/2016/02/increasing-organizational-agility/ 11. https://circulareconomyalliance.com/cea-articles/human-resource-management-enabling-power-circular-skills/ 12. https://businessgraduatesassociation.com/the-impact-of-geopolitics-on-business-and-business-schools/ 13. https://www.linkedin.com/pulse/influence-current-geopolitical-changes-international-treutler-pk6oe/?trk=article-ssr-frontend-pulse_more- articles_related-content-card 14. https://www.linkedin.com/pulse/building-beyond-borders-geopolitical-realities-global-darius-kersulis/ 15. https://goenergylink.com/blog/5-benefits-of-corporate-social-responsibility/ 16. https://www.acquisition-international.com/why-corporate-social-responsibility-csr-matters-for-small-businesses-and-enterprise/ 17. https://management-training-guru.com/2023/06/how-ethics-and-compliance-play-very-important-part-in-any-company/
- 18. THANK YOU
Editor's Notes
- Globalization of business: way companies function in multiple locations globally and remain less inclined to operate within a single home country. Examples: McDonald's, Costco, The Coca-Cola Company, Starbucks, and ZARA
- evolution of the modern multinational enterprise dates back roughly to the last half, or better still the last third, of the nineteenth century
- Letters, truck calls, telegrams, social network sites
- https://management-training-guru.com/2023/06/how-ethics-and-compliance-play-very-important-part-in-any-company/
- https://locize.com/blog/globalization-vs-localization/ ; https://inside-global.com/localization-vs-standardization/
- https://bstrategyhub.com/what-is-a-transnational-business-strategy/; https://www.business-to-you.com/international-business-strategy/
- https://www.linkedin.com/pulse/succession-planning-talent-management-key-strategies-building/
- https://www.linkedin.com/pulse/6-reasons-why-cultural-competency-good-business-dave-ballai/ ; https://www.hourly.io/post/cultural-diversity
- https://www.slideshare.net/manumelwin/integration-strategies-corporate-level-strategies-strategic-management-manu-melwin-joy
- https://hr.university/shrm/strategic-human-resource-management/
- https://circulareconomyalliance.com/cea-articles/human-resource-management-enabling-power-circular-skills/; https://businessgraduatesassociation.com/the-impact-of-geopolitics-on-business-and-business-schools/; https://www.linkedin.com/pulse/influence-current-geopolitical-changes-international-treutler-pk6oe/?trk=article-ssr-frontend-pulse_more-articles_related-content-card; https://www.linkedin.com/pulse/building-beyond-borders-geopolitical-realities-global-darius-kersulis/
- https://bradenkelley.com/2016/02/increasing-organizational-agility/
- https://goenergylink.com/blog/5-benefits-of-corporate-social-responsibility/ ; https://www.acquisition-international.com/why-corporate-social-responsibility-csr-matters-for-small-businesses-and-enterprise/ ; https://management-training-guru.com/2023/06/how-ethics-and-compliance-play-very-important-part-in-any-company/