Lecture%201 - MGT 4174 INTERNATIONAL HUMAN RESOURCE...

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INTERNATIONAL HUMAN RESOURCE MANAGEMENT MGT 4174 Spring 2009
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Spring 2009 MGT 4174 2 Course Objectives Examine the role of IHRM in in developing sustainable advantage Understand the role of IHRM in implementing global strategy Understand how basic IHRM functions differ across countries and regions Understand issues specific to PCNs, HCNs, and TCNs Understand repatriation issues
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Spring 2009 MGT 4174 3 Business Drivers & Trends Globalization Mergers and Acquisitions Opening of New Markets as Countries Shift from Communism to Capitalism Emergence of Powerful New Trading Blocs Advances in Technology, Transportation and Communications
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Spring 2009 MGT 4174 4 Implications for MNE’s Flexibility Coordination Local responsiveness Knowledge sharing Greater ability to transfer competence
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Spring 2009 MGT 4174 5 Why International Business is Important Large part of world economy and growing World exports expected to exceed $15 trillion by 2010 Represents >25% of world’s GDP
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