Trends and Challenges of IHRM

Running Head: Trends and Challenges of IHRM
Trends and Challenges of IHRM
Name of the Student:
Name of the University:
Author’s Note

1TRENDS AND CHALLENGES OF IHRM
EXECUTIVE SUMMARY
In the following assignment the larger emerging MNC Deloitte Australia will be
discussed with the HRM policies and its challenges that comes up in the long run of the session.
The cause of the challenges occur in a MNC are due to global talents that cater to the
organization effectively. Deloitte being one of the important among one of the four Multinational
Company that acquires the ability to operate in the global platform.

2TRENDS AND CHALLENGES OF IHRM
Table of Contents
Introduction......................................................................................................................................2
Discussion........................................................................................................................................3
Name of the MNC.......................................................................................................................3
Overview of Deloitte Australia................................................................................................3
Challenges or Trends of International HRM...........................................................................4
The Impact and trends that affect the practice of HRM..........................................................7
Recommendation.....................................................................................................................9
Conclusion.....................................................................................................................................11
Reference.......................................................................................................................................13

3TRENDS AND CHALLENGES OF IHRM
Introduction
In the following report, the assignment holds the discussion of trends and challenges of
IHRM in corporate organization or Multinational Corporation (Riemer & Tavakoli, 2013). The
trends or challenges can be explained as the competition that is present in throughout the world
for its product and service. The cause of the challenges occur in a MNC are due to global talents
that cater to the organization effectively. The understanding of the global diversity and the
cultural issues are the reason why there is occurrence of leadership challenges. The report will
further constitute of the selected challenges that the human resource management is facing in the
recent time period and its impact that is leaving back in the MNCs. With the emergence of the
recent trends and challenges the organization inculcates the human resource practice that
comprise of Talent Management and retention, Training & Development, Career Management,
Performance Management, Recruitment and Selection technique (Australia, 2015).
Therefore, the challenges that are selected for this essay are:
 To adapt the strategy of effective hiring and retention strategy for the globalised
workforce.
 The ability of making strategic decision-making.
 Preparing the expert for future sustainability of the company.
Discussion