Wednesday, May 6, 2020
International Human Resource Management - 3101 Words
Contents 1. Introduction 2 2. International HRM 2 2.1 Expatriate 3 2.2 Factors Affecting companies in an international level 3 3. Activities of HR managers in local and international level 4 3.1 HR Planning and Analysis: 4 3.2 Equal Employment Opportunities: 4 3.3 Recruitment and Selection process: 5 3.4 Motivation, Compensation and Benefits: 5 3.5 Health, Safety and Security: 5 3.6 Management Employee relationships: 6 4. Conclusion and Recommendation 6 5. References and Bibliography 7 1. Introduction Arguably after customers, the most important part of an organization is their employees. Employees are the heart and soul of a company and no matter how big a corporation is, without motivated and well orientedâ⬠¦show more contentâ⬠¦HRM plays a key role in international level because it is the duty of the HR department to identify, train and develop individuals who are ready to take up the challenge of an ââ¬Ëexpatriateââ¬â¢ (Lexicon, 2013). Living in an unknown place with different culture, style, preference can be tough for anyone; therefore, the HRD needs to identify people who can actually undertake this pressure. Expatriates are essential for the organization as they are responsible for delivering the goals, objectives and spreading the culture of the home countryââ¬â¢s organization. 2.2 Factors Affecting companies in an international level When a company decides to shift its operation, combine with a foreign company, or open a new branch in a new country, it faces various challenges and obstacles. The company needs to adapt itself with the external forces of the host country. Some of the external forces that deeply affect operations of a company in a host country are: a. Culture: Perhaps the most important and critical part of the focus is culture of the host country. As different places have different culture based on their ancestors, lifestyle, religion, etc., Parent country companies need to understand and respect the culture and their lifestyle. For instance, Asian employees prefer to work in teams and team is a very important part in a workplace while WesternShow MoreRelatedInternational Human Resource Management945 Words à |à 4 PagesIntroduction: Human Resource Management (HRM) involves all decisions that directly affect the people who work for the concerned organizations and corporate enterprises. Hence, HRM can be termed as a strategic and coherent approach to an organizationââ¬â¢s most prized asset- the people working there, who individually and collectively strive towards achieving the organizational goals. In simple words, HRM means employing people, developing their capacities, utilizing, maintaining compensating theirRead MoreInternational Human Resource Management1251 Words à |à 6 PagesWhat are the main similarities and differences between domestic and international HRM? â⬠¢ More HR activities. â⬠¢ The need for a broader perspective â⬠¢ More involvement in employeesââ¬â¢ personal lives. â⬠¢ Changes in emphasis as the workforce mix of expatriates and a local varies. â⬠¢ Risk exposure. â⬠¢ Broader external influences. â⬠¢ Cultural awareness and the role of the international HR manager o Despite the methodological concerns about cross-culturalRead MoreInternational Hrm : International Human Resource Management Essay740 Words à |à 3 PagesInternational HRM is the interaction between the human resource functions, countries and types of employees1 - parent country nationals (PCNs), local or host country nationals (HCNs), and nationals from neither the parent nor host country but from a third country (TCNs). 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Christopher Department of Industrial Relations Personnel Management University of Lagos, Nigeria E-mail: krischidi2002@yahooRead MoreInternational Human Resource Management Essay1485 Words à |à 6 PagesIntroduction According to the definition provided by the academia education web portal, human resource management has replaced personnel management over the time period and it consist of various strategies, policies and processes. International Human Resource Management (IHRM) is a ââ¬Å"Process of employing, developing and rewarding people in international or global organizationsâ⬠. Types of organizations While concentrating on the IHRM in the vast developing economic nature, it is highly important toRead MoreInternational Human Resource Management Practices Essay2277 Words à |à 10 Pagesto enter into the international business through exporting their product to the different parts of the world or licensing or joint ventures to gain higher profit. By following the paths of international business may encounter the new challenges that are coming along with international human resource management. International human resource management is the set of distinct activities, functions and processes developed by MNCââ¬â¢s, to attract, develop and maintain their human resources. (Taylor et al,Read MoreQuestions On International Human Resource Management Essay1716 Words à |à 7 Pagescase study Please find completed case study on International Human Resource Management-Padi Cepat on the basis for your reading and action. Sign: Name: Patel Nimisha Paper Title International Human Resource Management Paper Code 95.892(B) Term 1 2015 Lecturers : Dr. RobertRead MoreManaging International Human Resource Management1860 Words à |à 8 Pagesin turn created the need for International Human Resource Management (IHRM) roles (Scullion, 2001). Human resource management is progressively becoming a major factor that can determine the success or failure of MNCââ¬â¢s. Scullion (2001) concluded that HR strategies play a vital role in implementation and control in MNCââ¬â¢s, and alignment between HR strategies and the organisational structure of MNCââ¬â¢s often results in superior outcomes. In order to strive, human resources must be managed effectively toRead MoreInternational Human Resource Management. Introduction.1701 Words à |à 7 PagesInternational Human Resource Management Introduction Human resource managers, outlines, directs and facilitates the regulatory elements of an association. They supervise the selecting, meeting, and contracting of new staff; counsel with top officials on the key Strategic obligation; and fill in as a connection between an association s administration and its workers. To flourish in the disorderly and turbulent business condition, firms need to always enhance and be ââ¬Å"on the ballâ⬠regarding businessRead MoreInternational Human Resource Management Practices1205 Words à |à 5 PagesEurope. Human resources management (HRM) practices and model depends on the actual extensions of national business. Indeed local business with the ambition of being multinational will export their model and corporate culture to a targeted country. Against a backdrop of multinational corporations (MNCs), globalization, emerging markets, increasing internationalization and cross-national activity by MNCs, there is a need to focus on the implementatio n of international human resource management practices
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