editedbook

GLOBALIZATION AND CROSS-CULTURAL HR MANAGEMENT

Area/Stream: Management,
Authors: Dr. Venugopal E, Prof. Archana P.V, Prof. Antony Raj J M
Keywords: Globalization, Cross-Cultural HR Management, Financial Firms, Communication Barriers, Work Ethics, Regulatory Disparities, Diverse Perspectives, Global Talent Pool, Inclusive Leadership, Technology in HR.
Book Name /series: Futuristic Trends in Management Volume 3 Book 28
Publication: IIP Series

Year: 2024,
Month: May

Page No: 132-139,
ISSN/ISBN: 978-93-5747-703-1,
DOI/Link: https://www.doi.org/10.58532/V3BHMA28P7CH4


Abstract:

In an era dominated by globalization, financial firms are not only tasked with managing cross-border transactions but also the intricacies of managing a multicultural workforce. This chapter delves into the convergence of globalization and cross-cultural human resource (HR) management within the realm of finance. Emphasizing the challenges, from communication barriers to varying work ethics and regulatory disparities, it also highlights the opportunities that lie within, such as harnessing diverse perspectives and tapping into a global talent pool. Furthermore, the chapter proposes actionable strategies for effective cross-cultural HR management, emphasizing the role of technology and fostering inclusive leadership. As financial entities brace themselves for the future, understanding and adeptly manoeuvrings the cross-cultural nuances will be indispensable for success.

 

Cite this: Dr. Venugopal E, Prof. Archana P.V, Prof. Antony Raj J M,"GLOBALIZATION AND CROSS-CULTURAL HR MANAGEMENT", Futuristic Trends in Management Volume 3 Book 28, May, 2024, 132-139, 978-93-5747-703-1, https://www.doi.org/10.58532/V3BHMA28P7CH4
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