Tuesday, September 18, 2007

Specific challenges for international HR

Global organizations are focused on human capital issues. There seems to be an almost global consensus that people issues are vital to company success. As the "war for talent" intensifies, the acceptance of the importance of human capital will continue to grow. Among the people challenges, there is a broad consensus, across international regions, on what the important challenges are. They include:
  • The development of "global" leaders
  • The creation of a high-performance global corporate culture & high-performing teams
  • Managing talent (recruitment, retention, training, compensation & incentives)
If HR professionals are to be seen to play a crucial role in strategy and operational results they need to pick up the gauntlet on these people issues and act as "functional leaders". This means more time spent focusing on the business drivers and less on HR "programs and services". Adopting the role of global, functional leadership is the great opportunity for HR professionals. They need to be perceived as being totally committed to improving the business - which they must understand as well as any other leader - by their expertise in "people issues". For many years now, I have believed that the globalization of business presents an incredible opportunity to the HR profession. To succeed they absolutely need a "global mindset". See "Strategic Opportunity for HR Professionals"

1 comment:

Anonymous said...

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International Business and Trade:
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