The business landscape is witnessing a sea change like restructuring, reengineering, mergers and acquisitions have became the normal operational levers of today's business environment. HR strategies can pay more influential roles in global organizations than they have in the past. Due to globalization, many organizations are moving towards HR strategies and practices that are global in nature. Global companies face a lot of differences in management style due to the differences in cultures across the globe. Global HRM is not a simple bundle of conventional functions like recruitment, promotion dovetailing work force responsibilities or ensuring satisfactory levels of wages and compensation. It calls for astute, psychological gambits and maneuvers. Managers with cross cultural skills are essential for the effective management of global organizations. Learning to manage cultural differences will help managers have a global outlook, which is the key factor for survival and growth of organizations in the global village.
