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Executive Summary
During the past decade, a catchy paradigm or slogan, "Think globally, act locally," has often been used to capture the concept of a progressive change in a global corporation that considers the whole world as its market but at the same time carefully evaluates and adapts to local priorities and requirements. However, for many firms, implementing this concept or vision has turned out to be a long and difficult process, causing not only unexpected and unintended side-effects causing many to cease competing effectively.
To take an example, suppose a situation where an employee based from Bangalore is negotiating for an alteration in his compensation package due to change in rental prices in his locality from an HR head based from the organization’s headquarters in Seattle. The challenges apart from the usual semantic one’s. to manage such an organization with offices or departments spread throughout the globe, would be tough if not impossible.
Why is this...

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Title: Globalization & HR
Approximate word count: 18193
Approximate pages: 73 (250 words per double-spaced page)

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