chapter 16

chapter 16 - Human resource management (HRM) refers to the...

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Human resource management (HRM) – refers to the activities an organization conducts to use its human resources effectively. These include determining firm’s: human resource strategy, staffing, performance evaluation, management development, compensation, and labour relations. Expatriate manager – a national of one country appointed to a management position in another country. STAFFING POLICY Staffing policy – strategy concerned with selecting employees for particular jobs Corporate culture – Organization’s norms and value systems Types of staffing policy The Ethnocentric Approach – a staffing approach within the MNE in which all key management positions are filled by parent-country nationals. Firms pursue this approach for three reasons 1. Firm may believe the host country lacks qualified individuals to fill senior management 2. Firm may see an ethnocentric staffing policy as the best way to maintain a unified corporate culture 3. If the firm is trying to create value by transferring core competencies to a foreign operation, as firms pursuing an international strategy are, it may believe that the best way to do this is to transfer parent-country nationals who have knowledge of that competency to the foreign operation The Polycentric staffing policy – A staffing policy in an MNE in which host-country nationals are recruited to
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This note was uploaded on 04/13/2011 for the course BMOS 1020 taught by Professor Leduc during the Spring '11 term at UWO.

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chapter 16 - Human resource management (HRM) refers to the...

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