Managing Global Talent: The Challenges and Strategies of International Human Resource Management

Introduction At the international level, international HRM deals with the standard HRM processes including recruiting, selection, training and development, performance evaluation, etc. A critical component of conducting business internationally is international human resource management (IHRM). It entails managing human resources across many nations and cultures while making sure that workers are used wisely to realize company objectives. Multinational firms benefit greatly from IHRM because it makes it easier to find and keep skilled personnel, create efficient communication plans, and guarantee that local labor regulations are followed. IHRM enables firms to access a wide pool of talent from across the world, which is one of its main advantages. As a result, the business may experience an uptick in creativity and innovation and benefit from improved decision-making techniques. IHRM also supports businesses in overcoming linguistic and cultural challenges while working in in...