International HRM: Challenges and Strategies in MNEs Report

This report delves into the complexities of International Human Resource Management (IHRM), focusing on the challenges and strategies faced by Multinational Enterprises (MNEs) in a dynamic global environment. It examines the influence of external factors, including legal, political, economic, and cultural aspects, on workforce management across different countries. The report covers crucial areas such as recruitment and selection, training and development, pay and compensation, and performance management, highlighting the importance of adapting HR practices to diverse contexts. It also explores IHRM trends and future challenges, emphasizing the need for organizations to navigate differences in organizational and workforce values. The report uses Marks and Spencer as a case study to illustrate the practical application of IHRM principles, with references to academic literature to support its findings. The report aims to provide insights into the effective management of international workforces and the strategic importance of IHRM in enhancing the competitive advantage of global businesses.