Chap018 - Chapter 18 Global Human Resource Management Case:...

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Chapter Global Human Resource Management 18
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Case: Molex World’s second largest manufacturer of electronic components 50 manufacturing plants, 21 countries HRM viewed as most localized of all the functions Hires experienced , educated foreign nationals in the US for foreign postings Moves people around the world In house management development programs
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Human resource management (HRM) Refers to the activities an organization carries out to use its human resources effectively Four major tasks of HRM Staffing policy Management training and development Performance appraisal Compensation policy
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International human resource management Strategic role: HRM policies should be congruent with the firm’s strategy and it’s formal and informal structure and controls Task complicated by profound differences between countries in labor markets, culture, legal and economic systems
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Strategy, structure and control systems
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Staffing policy Staffing policy Selecting individuals with requisite skills to do a particular job Tool for developing and promoting corporate culture Types of Staffing Policy Ethnocentric Polycentric Geocentric
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Comparison of staffing approaches
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Ethnocentric policy Key management positions filled by parent-country nationals Best suited to international businesses Advantages: Overcomes lack of qualified managers in host nation Unified culture Helps transfer core competencies Disadvantages: Produces resentment in host country Can lead to cultural myopia
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Polycentric policy Host-country nationals manage subsidiaries Parent company nationals hold key headquarter positions Best suited to multi-domestic businesses Advantages: Alleviates cultural myopia. Inexpensive to implement Helps transfer core competencies Disadvantages: Limits opportunity to gain experience of host-country nationals outside their own country. Can create gap between home-and host-country operations
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Geocentric policy Seek best people, regardless of nationality Best suited to Global and trans-national businesses Advantages: Enables the firm to make best use of its human resources
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Chap018 - Chapter 18 Global Human Resource Management Case:...

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