logo

International Human Resource Management Challenges and Future Implications

   

Added on  2022-11-17

11 Pages2837 Words67 Views
HRM
International Human Resource
Management
Student’s name
9/15/2019

International Human Resource Management 1
Executive Summary
This particular report mainly highlights about the international challenges, which are by
companies. Similarly, Wal-Mart one of the well-known Australian companies who also faced
certain challenges such as cultural changes, training and development aspects, legal compliance
and regulation changes, which somehow has majorly affected the business outcomes at large.
Similarly, this report also talk about its future implication of these they have a major impact over
the companies’ productivity and the total outcome as success. Moreover, Wal-Mart has adopted
technological changes, adopted creative and innovative techniques, having knowledge about
labor laws of different countries to improve its performance and success in longer perspectives.
Future recommendations are also given in which, company needs to improve its training aspect
for retaining employees, learning the diversity aspects, cultural aspects and lastly, to foster
success company needs to adopts technological changes, innovation and creativity in its working
criteria to generate longer success.

International Human Resource Management 2
Contents
Introduction......................................................................................................................................3
Company Overview.........................................................................................................................3
Contemporary issues and challenges Affecting international human resource management..........4
Future implication on international human resource practices........................................................5
Recommendations............................................................................................................................6
Conclusion.......................................................................................................................................8
References........................................................................................................................................9

International Human Resource Management 3
Introduction
Human resource management mainly highlights about the various organizational
activities that mainly aimed at managing and directing the human resource so that the
organizational goals and objectives can be fulfilled. Other than this, the main aspects which
human resource comprises of recruitment, selection, training and development, appraisals and
lastly, managing promotions (Luthans, & Doh, 2012).
In term of international human resource management, it mainly defines about the
activities and managing the organizational human resource at international level so that
organization set objectives can be fulfilled and should achieve competitive advantage over their
competitors. All function, which HRM carries, similarly, IHRM also carries but other than this,
certain additional activities such as global skills management and expatriate management are
included (Deresky, 2017).
Company Overview
When we talk about Wal-Mart, it is one of the largest retailers in United States and
further the company handles it further operations through super centre and discount stores.
Moreover, their operations are also taken into China, United Kingdom, Japan and lastly Brazil.
When we consider its strongest point, it has an effective distribution system along with the
effective inventory management system.
It is seen that when a business expand itself into the global market, they hire employees
from the diverse groups and cultural backgrounds and accordingly company needs to adapt the
new labor laws and tax liabilities. Similarly, Wal-Mart has also faced various and numerous
challenges in relation to the international human resource management. Challenges mainly
highlights about the globalization factor, cultural aspect, training and development aspect.
Lastly, recruitment factor, which majorly affect the international human resource management.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
International Human Resource Management Challenges and Future Implications
|17
|3906
|202

Introduction to Management 2022 Report
|9
|2250
|15

Managing Across Culture: Importance of Hofstede's Cultural Dimension
|7
|2283
|148

Challenges and Recommendations for Wal-Mart's International Operations
|20
|4351
|242

Assignment about What is Performance management?
|9
|2948
|18

International Human Resource Management: Challenges, Job Analysis, and Occupational Health and Safety
|7
|1589
|479