Question

what is the need for human resource to balance global standardization with localization of human resource management in host countries.

Answer 1

Human Resource or HR is an important and integral part of an organization because today HR has transformed and they play the role of employee advocates and strategic partner of the management as well so that the various business processes or ventures work according to the expectations of the organization. Organizations today are no longer limiting their business operations to the domestic sphere only, instead they plan to expand and have a global presence which will give them a competitive advantage over the other competitors in the market and that is the reason the organizations needs to follow the standards that the countries possess and the HR needs to take care of the compliance of the organization so that the organization do not experience any legal issues and lose wealth or reputation.