f.pdf - The Nature of International Human Resource Management Human Resource Management HRM is the set of activities directed at attracting developing

f.pdf - The Nature of International Human Resource...

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02/04/2019 1 The Nature of International Human Resource Management Human Resource Management HRM is the set of activities directed at attracting, developing, and maintaining the effective workerforce necessary to achieve a firm’s objectives. It includes Recruiting and Selecting Nonmanagers and Managers Providing Training and Development Appraising Performance Providing Compensation and Benefits Challenges of International Human Resource Management Differences in Cultures Levels of Economic Development Legal Systems Optimal Mix of Employees Complex Training and Development Challenges Compensation Systems Strategic Significance of HRM HRM should fit and promote the overall corporate and business strategy
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02/04/2019 2 International Human Resource Management Process International Managerial Staffing Needs For managerial employees, strategic and developmental issues are of primary importance. For non-managerial workers, differences in cultural, political, and legal conditions among countries may be of greater significance. Scope of Internationalization Scope of Internationalization The internationalization process usually starts with export department. The firm takes an ethnocentric approach. The export activities’ scale is small. The manager is very likely to be a home country national. As international operations grow in importance, a firm often elevates its export department to international division. The division is normally headed by a parent country national. As opposed to this, the subsidiary’s head can be a PCN or HCN. Finally, when a firm transform itself to global organization, The managers can be PCN, HCN and TCN.
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02/04/2019 3 Scope of Internationalization (Cont.) Collective Expertise and Knowledge Product Line: the latest manufacturing techniques, research and development opportunities, and competitors’ strategies. Functional Skills: accounting, logistics, marketing, manufacturing management, and so on Individual Country Markets: local laws, culture, competitors, distribution systems, and advertising media Global Strategy: formulate a global strategy for the firm and then control and coordinate the activities of the firm’s product, functional, and country managers to ensure that its strategy is successfully implemented. Centralization versus Decentralization of Control Firms that use a centralized approach often employ home country managers; firms that follow a decentralized decision-making philosophy are more likely to employ host country managers. Most firms adopt an overall HRM strategy at the corporate headquarters level but delegate many day-to-day HR issues to local and regional offices.
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