Human resource management (HRM): the conduct of the broad range of activities that relate to the effective staffing of an organization
Generally, HRM is more challenging for firms that compete internationally because of:
differences in political, cultural, legal, and environmental factors amongst countries
the challenges of convincing highly-skilled executives to go abroad
The mandate for HRM is to develop the means and methods for a firm to build and retain the cadre of managers that can lead an organization to even greater performance in a day and age of globalization.