Human Capital: Globalization and Culture

In this module, you'll learn how to assess the effects of globalization on human capital and develop HR strategies to effectively manage a global workforce. You'll gain an appreciation for cultural diversity and understand why it's crucial for leading international teams and handling expatriate assignments. Through real-world examples, you'll see how to apply theoretical knowledge to practical international HR issues. You’ll also explore the traits that make global HR leaders and expatriates successful, preparing you for leadership roles in the field. In the first vignette, you'll study a case where misunderstanding a cultural norm led to a mistake. The second vignette will demonstrate the importance of thorough preparation. The third will show the consequences of choosing the wrong person for an expatriate role. These scenarios will provide valuable insights to help you avoid similar pitfalls in your career.

In this module, you'll discover how globalization affects human capital and learn to adapt HR strategies for effectively managing a global workforce. You'll develop an appreciation for different cultures and realize how crucial cultural understanding is for managing international teams and expatriate assignments. The first vignette illustrates that even if you have a deep knowledge of culture, mistakes can still happen. The second highlights how understanding a country’s history can deepen your insight into its people and culture. The final vignette takes a unique angle, showing that even dogs can experience culture shock when transitioning between different environments. These stories aim to provide practical insights and prepare you for handling the complexities of global HR.