Running head: GLOBAL HUMAN RESOURCE MANAGEMENT 1 Global Human Resource Management Student’s Name Institution Affiliation Date
GLOBAL HUMAN RESOURCE MANAGEMENT 2 The process of human resource management (HRM) entails training, acquiring, appraising, and compensating the workers in an organization as well as attending to their concerns on labor, safety, and health (Tarique & Schuler, 2010). Global human resource managers are critical contributors to the performance of the individuals in a firm in the way they attend to them determine their productivity level. Some practices and policies are employed in managing human resources. The traditions revolve around the dealing with the employees effectively during the different stages of the job cycle including pre-selection, selecting, and post-election. Hence, global human resource managers should be globally oriented. Also, they should be able to understand the various business cultures that exist in foreign concept (Chew, & Chan, 2008). What’s more, they should follow the dynamics of global marketplaces. The paper seeks to explore the ideas of international human resource management. With increasing globalization, management of human resources has become an important aspect of multinational corporations (Farndale, Scullion & Sparrow, 2010). This is because the changes associated with globalization increase the competitiveness of the organizations. For this reason, focusing on the human resources works in enabling business managers to remain competitive in the business by increasing the individual workers’ productivity (Lengnick-Hall, Lengnick-Hall, Andrade & Drake, 2009). Hence, globalization has effects on some important aspects of human resource management. The managers work towards working efficiently with people of diverse cultural setups. The factors of human resources that associate with the global operations include the type of people, and their commitment and willingness to work. This determines the competitive edge of a firm in the worldwide market. The Nature of International Human Resource Management
GLOBAL HUMAN RESOURCE MANAGEMENT 3 International management of human resource is defined as the allocation, utilization, procurement, and motivation of employees in the global context (Tarique & Schuler, 2010). People and culture are considered as major contributing factors to the success of global operations. Businesses can ensure proper management of human resources by appointing managers with essential experience in global and foreign practices. The principal characteristics of international HRM are multiculturalism and geographic dispersion (Jiang, Lepak, Hu, & Baer, 2012). Also, the needs to address aspects such as relocation and foreign cultural orientation and international taxation is key to international HRM. Global firms’ managers must retain, motivate, and effectively manage people both at the corporate level and in global plants. Further, the managers need to understand the structure of the global economy so that they can manage their operations wisely.
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- Fall '18
- Human Resource Management