Lecture%206%20Career%20Management

Lecture%206%20Career%20Management - IHRM Approaches...

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01/19/12 MGT 4174 Ch3: DW 1 IHRM Approaches Ethnocentric Polycentric Regiocentric Geocentric . . . or some mix of approaches
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01/19/12 MGT 4174 Ch3: DW 2 Ethnocentric Approach Assumes that parent country values and practices are superior Strategies, practices and processes based on parent country All positions in MNC are typically filled with PCNs Can be valid part of firms strategy Parent Country Host Countries
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01/19/12 MGT 4174 Ch3: DW 3 Ethnocentric Approach Advantages Perceived lack of qualified HCN’s Need to maintain good coordination, communications and control with HQ Disadvantages Limits promotion opportunities for HCN’s Adaptation of PCN’s often takes a long time Gap in compensation between HCN’s and PCN’s PCN’s assignment often means new status, authority and standard of living – and can affect relationship with HCN personnel Expats usually more expensive to maintain
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01/19/12 MGT 4174 Ch3: DW 4 Polycentric Approach
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Lecture%206%20Career%20Management - IHRM Approaches...

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