This report provides a comprehensive overview of Human Resource Management (HRM) and International Human Resource Management (IHRM). It begins by differentiating between HRM and IHRM, highlighting the global perspective of the latter. The report then explores the impact of culture on HRM, emphasizing the influence of national culture on HR practices and the need to consider cultural contexts in a globalized world. The report examines the debate on standardization versus localization of HRM policies in international organizations, arguing for a balance between global standards and local adaptation to maximize talent management. It also discusses the importance of international assignments, emphasizing the need for HR and finance to collaborate in evaluating the return on investment (ROI) and creating clear processes for measuring success. Finally, the report addresses the importance of organizations receiving a return on investment from international assignments and how this return should be measured, concluding with the need for expert opinions in assessing costs and value related to international assignments.
![[object Object]](/_next/static/media/star-bottom.7253800d.svg)
