Evaluating an International Human Resource Strategy (Obb) Essay

Evaluating an International Human Resource Strategy (Obb) - Essay Example The report has been concluded along with certain recommendations that might prove to be effective for the company in the future context. The face of business has changed considerably over the last few decades owing to the advancement of technology and the aspect of globalisation that has shortened national and international barriers of business. Furthermore, the rise of competition in the global business scenario also worked towards the changing the nature of the business world altogether. These aspects further give rise to the need for companies to develop strategies to make a mark for themselves amid the potential customers and gain a competitive edge over the major competitors (Ivanko, 2013). There are various functions of any business that integrate together and form the foundation for conducting business in an effective and efficient manner altogether. Among the various functions that are associated with the operations of any business, the functions of human resource management are deemed to be quite vital. The human resource department of any business is directly responsible to deal with the various issues as w ell as operations that are relevant to human resource of the business. The role of an HR manager is deemed to be quite prominent with regard to modern day business operations and it is prevalent in every domain of the business (Martin, 2008). This particular report will mainly focus on evaluating a human resource strategy of an international organisation i.e. H&M. The report will primarily highlight the strategy of the company with regard to entering a new market through conducting joint venture with a particular company. The company that will be considered for joint venture in this report will be Cia Hering of Brazil. H & M Hennes & Mauritz AB is one of the foremost companies, which is operating in the retail clothing sector