Global Business Performance and the Effects of People Management Practices
Introduction. Success in the intricate and dynamic realm of global business relies on more than just advanced technology, creative products, or bold marketing strategies. It relies more and more on a critical factor that is frequently ignored: individuals. Companies' management of their workforces, whether on a local or international scale, can greatly influence their performance in the global arena. A positive correlation between effective people management practices and improved business performance has been demonstrated by research on a consistent basis (Michael,A 2006). Practices that are effective not only increase employee engagement and productivity, but they also foster innovation, agility, and resilience, which are essential qualities for thriving in a highly dynamic global landscape (Afolabi, Jennifer & Olatoye et al ,2023). The strategies and methods used by organizations to efficiently manage their workforce are referred to as people management practices. Fr...