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This is a good entry and I hope we can get some comments/experiences from the other bloggers in the groups. You have identified the changing nature of HRM in your organisation as its gone global, however it doesn't appear to transend to the opposite side of Story's matrix. Perhaps this is because the nature of the management in this organisation remains essentially paternalistic. What doesn't come out in your blog and which would be interesting to know is how many of the global organisations (if any) have an HR director on the board as part of the decision making process. If your assertion of "human capital being the most important thing for a growing company" is correct then it may call into question the role of HRM in this organisation.
Good blog Mareile keep it going