{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

internationalHR

internationalHR - International Human Resource Management...

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

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

{[ snackBarMessage ]}

Page1 / 6

internationalHR - International Human Resource Management...

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