internationalHR

internationalHR - International Human Resource Management...

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1 International Human Resource Management Employing, Deploying and Compensating a Global Workforce The Ethnocentric Model Strength: World class domestic production and products Strategic Bias: Domestic administration and production with global distribution (a.k.a. home replication strategy) HR practices: Hire and promote on the basis of home country frame of reference The Polycentric Model Strength: Superior local product and market knowledge Strategic Bias: Local administration and production with local distribution (a.k.a. multidomestic strategy) HR practices: Hire and promote on the basis of subsidiary’s local context
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2 The Geocentric Model Strength: Cost leadership Strategic Bias: Centralized administration — production of standardized products where most cost effective and global distribution (a.k.a. global strategy) HR practices: Hire and promote on the basis of ability and experience The Regiocentric Model Strength: Superior communication & coordination; flexibility Strategic Bias: Decentralized administration — production and products seek to optimize overall company welfare (a.k.a. transnational strategy)
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This note was uploaded on 11/10/2011 for the course MGMT 4190 taught by Professor Robertdesman during the Fall '11 term at Kennesaw.

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internationalHR - International Human Resource Management...

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