Comprehensive Report: International HRM Practices and Objectives
VerifiedAdded on 2023/06/14
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Report
AI Summary
This report provides an overview of International Human Resource Management (IHRM) within the context of international business, which involves trading products, technology, services, knowledge, and capital across national boundaries. It defines IHRM as the management of human resource activities at an international level, encompassing functions like performance management, recruitment, training and development, and selection. The report highlights the objectives of IHRM, including developing the skills and capabilities of HR managers and employees, effectively handling global operations, managing employee performance and compensation, and organizing cross-cultural counseling and language training programs. It further discusses key IHRM practices such as recruitment and selection, emphasizing the importance of attracting capable employees with the required skills, culture management, which involves scaling work and cultivating a positive organizational culture, and training and development, which aims to improve individual and group performance. The report concludes that IHRM is a vital function in international business, providing support to employees and managing their performance.
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