Maximizing the return on HR investment: The benefits and challenges of global strategic human resource management

Abstract

The transfer of human resource (HR) management practices across national boundaries has become a key strategy for multinational companies to achieve competitive advantage in global markets. However, national differences are major factors complicating the process. The introduction of shared services for HR management departments offers not only costs savings and greater efficiency, but also provides the HR function with an opportunity to focus on more strategic issues.

Citation

(2004), "Maximizing the return on HR investment: The benefits and challenges of global strategic human resource management", Human Resource Management International Digest, Vol. 12 No. 3, pp. 8-10. https://doi.org/10.1108/09670730410534849