{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

MNC lr structure Lecture outline 5.3.10

MNC lr structure Lecture outline 5.3.10 - 1 A Country legal...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
ILR205 – H. Katz May 3, 2010 International IR/HR Issues for MNC’s I. The Various Ways Corporations Benefit from Multi- national Expansion A. Access to cheaper (and possibly well skilled) labor and other resources and in some cases more relaxed government regulations B. Increased bargaining leverage with labor due to substitution alternatives C. Other economic benefits: access to markets, tax advantages, currency diversification etc. II. MNC Internal IR/HR: For MNC’s the key issue is the degree of centralization in their internal IR/HR function A. Traditional decentralization—IR/HR has traditionally been the most decentralized of corporate functions i.e. IR/HR decisions are left to local or country managers B. There are, however , some noteworthy recent examples of more regionalization and globalization within MNCs’ IR/HR function C. In most countries there is not the sharp separation in how IR and HR matters are handled (they don’t have our system’s legal distinctions and traditions) III. Why Were HR and IR Originally Decentralized within MNC’s?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 1 A. Country legal, cultural, and historical differences B. Production was decentralized given limited trade C. Contrast to other corporate functions such as finance and marketing 2 IV. Factors Promoting more Centrally Coordinated and Regional Structures A. Regional trade pacts—EU, NAFTA, Mercosur, ASEAN B. Expansion of global trade and MNC’s C. Production consolidation—regional centers of excellence V. MNC Steps at Cross-National IR/HR A. Regional IR/HR staffs are being created in some MNC’s B. More cross-country coordination of corporate policies C. More frequent cross-country comparisons of IR/HR performance, and this is affecting investments and plant closings (labors’ fear) D. Local manager concerns with the above E. Colgate-Palmolive example F. Balancing the virtues of central coordination and control with the advantages of local flexibility and responsiveness to culture, law, history, politics etc. 3...
View Full Document

{[ snackBarMessage ]}

Page1 / 3

MNC lr structure Lecture outline 5.3.10 - 1 A Country legal...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon bookmark
Ask a homework question - tutors are online