...International Journal of Business and Management December, 2008 An Analysis of Business Challenges Faced by Foreign Multinationals Operating the Chinese Market Jianlian Wu International Management, University of Nottingham Ningbo 315100, China E-Mail: zlixcwj1@nottingham.edu.cn, qqnamei@163.com Abstract China’s rapid economic growth has presented numerous opportunities and challenges for foreign firms there. Many large corporations have established a China centre to coordinate and control their operations in the country. As firms have increased their presence in China, their concerns are increasingly focused on implementing successful management practices and strategies. This article describes the challenges and difficulties that multinational companies faced in Chinese market. It analyses roles played by the human resource function in these China, culture differences, social environment and other factors. Keywords: Challenge, Multinationals, Chinese market 1. Introduction Over the last few decades, the process of globalization has created unprecedented opportunities for global business investment and trade. Many multinational companies are attempting to expand their business international by many entry strategies such as joint venture and subsidiary. While China, with over 1.3 billion population and 9.6 million square kilometers (China Popin, 2008) has become a valuable land for foreign multinational companies. They try to enter the Chinese market by using many...
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...International Journal of Business and Management December, 2008 An Analysis of Business Challenges Faced by Foreign Multinationals Operating the Chinese Market Jianlian Wu International Management, University of Nottingham Ningbo 315100, China E-Mail: zlixcwj1@nottingham.edu.cn, qqnamei@163.com Abstract China’s rapid economic growth has presented numerous opportunities and challenges for foreign firms there. Many large corporations have established a China centre to coordinate and control their operations in the country. As firms have increased their presence in China, their concerns are increasingly focused on implementing successful management practices and strategies. This article describes the challenges and difficulties that multinational companies faced in Chinese market. It analyses roles played by the human resource function in these China, culture differences, social environment and other factors. Keywords: Challenge, Multinationals, Chinese market 1. Introduction Over the last few decades, the process of globalization has created unprecedented opportunities for global business investment and trade. Many multinational companies are attempting to expand their business international by many entry strategies such as joint venture and subsidiary. While China, with over 1.3 billion population and 9.6 million square kilometers (China Popin, 2008) has become a valuable land for foreign multinational companies. They try to enter the Chinese market by using many...
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...Unit 2: Unit code: QCF Level 3: Credit value: Business Resources D/502/5409 BTEC National 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to develop learner knowledge of the range of human, physical, technological and financial resources required in an organisation, and how the management of these resources can impact on business performance. Unit introduction At the core of every organisation are the human, physical, technological and financial resources that enable it to function. This unit will give learners a broad understanding of the importance organisations place on managing their resources efficiently in order to achieve their objectives. It is important that learners are able to relate their understanding of resource management to a real organisation. This will provide an essential link between theory and practice. Understanding how these resources are managed is one of the keys to assessing how well the organisation is performing. The first part of this unit explores the range of human, physical and technological resources for a selected organisation. Learners will investigate the importance of managing these resources efficiently. The contribution that recruiting and retaining suitable staff can make to the organisation’s performance is examined. The importance of managing the organisation’s physical and technological resources efficiently is also explored. For an organisation to survive its finances need to be sound and secure. The...
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...Evolution of Human REsouRcE managEmEnt and Human REsouRcE infoRmation systEms The Role of InfoRmaTIon Technology Mohan ThiTe, Michael J. Kavanagh, and RichaRd d. Johnson EDITORS’ NOTE The purpose of this chapter is to provide an introduction to the fields of human resource management (HRM) and information technology (IT) and to the combination of these two fields into human resource information systems (HRIS). The history of the field of HRM and the impact of computer technology on HRM will be covered, as well as the advent of using a human resource information system and the subsequent effects on both HR and IT professionals. The different types of HR activities will be discussed as well as the different types of information systems used in HRIS. A central focus of this chapter is the use in managerial decision making of results and reports from an HRIS. The development of the HRIS field has been seen to have a significant impact on the emergence of strategic human resource management (Strategic HRM), as is discussed in this chapter. This first chapter will lay the groundwork for the remainder of this book, and, consequently, it is important to understand thoroughly the concepts and ideas it presents. This chapter contains definitions for a number of terms in common use in the HRM, IT, and HRIS fields. (Note that a glossary defining these terms is also provided at the back of this book.) The central themes 2 Chapter 1 Evolution of Human Resource Management and HRIS ...
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...Chaptet t ft.lutian t)t Huranr F.rorr.e r\.hr.rqen)rnr .jird Hil/5 conlercnce sponsored by the Socrety [or Human Resources Management (SHRM) and remember how ar HRIS rnay be what you needl As this chapter and the ones that follow w ll ne lsactvtesandthedemands' ol the human capital ol the orgarrzal on Thrs aLrtomairon he ps develop the capabr t es to es an HR deparlmenl to streaml rlunrale. af HRlS enab placed on rt by automating lhe HR dala and pro.esses necessary for the management prodlce rn[ormation and reports on lhe r€quests contained n the memos in the v gn€tte and lhese reports wri lac lrtate efliclent afd eflective manageria dec s on mak ng WhiLe an HR 5 canfol make the ludgement ca ls in terms ol whom lo recru I or promote, it can cerlarnLy lacrl lale better inputt fg integratiof afd use ol employee data, wh ch wil reduce the admrn strat ve blrrden oI keeping detailed records and should aid and enhance dec srons about stclegic d rections Need for an HRIS in Decision Situations ll you read the above memos again. you w ll recogn ze iha! each one has a request lor HRI\4 nfornraton lhal wil be used n a decston stlaton The inlormatror rcquested n Memo I wil help the egal depa(menl delermne the compafys potertal labr ty vad n a workplace gender disc(m nat on s tLat on Thrs rlomat on rnay help to determrne whether the company shoLr d decide lo rect ly lhe silual on in lerms ol an nforma sett e' mertwth the lemale statf membels orto defend...
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...xxii xxv xxxiii xxxiv xxxvi xxxviii xl 1 2 2 2 3 3 3 4 5 6 8 9 9 13 16 17 18 18 20 22 22 24 25 27 30 I the arena of contemporary human resource management 1 the nature of contemporary HRM John Bratton Outline Objectives Introduction The development of HRM Keynesianism: collectivism and personnel management HRM in practice 1.1: A new role for HR professionals Neo-liberalism: individualism and HRM Management and HRM The meaning of ‘human resource’ The meaning of ‘management’ The nature of the employment relationship Scope and functions of HRM Theoretical perspectives on HRM HRM in practice 1.2: Twenty-first-century senior HR leaders have a changing role The Fombrun, Tichy and Devanna model of HRM The Harvard model of HRM The Guest model of HRM The Warwick model of HRM The Storey model of HRM HRM and globalization: The HRM model in advancing economies? Ulrich’s strategic partner model of HRM Studying HRM Critique and paradox in HRM viii contents ix Case study: Canterbury Hospital Summary, Vocab checklist for ESL students, Review questions and Further reading to improve your mark 33 34 37 37 37 38 38 39 41 44 44 45 46 48 50 52 54 55 56 56 58 60 62 65 66 69 69 69 70 70 71 72 72 73 73 74 77 78 80 81 88 92 2 corporate strategy and strategic HRM John Bratton Outline Objectives Introduction Strategic management Model of strategic management Hierarchy of strategy Ethics and corporate social responsibility Business ethics Corporate social responsibility HRM in practice 2...
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...International Journal of Human and Social Sciences 1:1 2006 Communication and Human Resource Management and its Compliance with Culture D. Charvatova, and C.G. van der Veer which is an important area of economical and corporate reality, and to compare the findings with theories on efficient communication outlined in the publications analysed. For the purposes of comparison and evaluation of theory and practice in the field of communication, a sociological survey has been carried out concentrating on communication between superiors and subordinates in companies operating in the Czech Republic. The survey has been carried out according to the rules laid down and described in special publications and has observed the basic methodological principles and requirements for this type of survey. The technical literature provided important advice and a framework helping the author to refrain from distortions and inaccuracies. The survey utilised both qualitative and quantitative methods. Abstract—According to the conception of personnel management, human resource management requires efficient use of human resources. This is ensured by various activities directed towards the area of management. Among these activities there are for example the recruitment of employees, development, strengthening of relations, mutual inspiring, implementation of correct working processes and systems used by individuals or groups. Keywords—Communication, company, customers...
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...HRM Research Proposal Human Resource Managers Perceptions of Leader Emotional Intelligence and its Effect on Employee Commitment: A Phenomenological Study ____________________________________________ [Insert name of Researcher] [Insert name of Institution] [Insert date of submission] Problem Statement Human Resource professionals are closely involved in all aspects of employee turnover and occupy a unique role in the organization, interacting between executives and all other employees (Gentry, 2006). Human Resource professionals are involved in organizational decision-making, liaising with senior leadership and with employees at all levels of the organization as an aspect of personnel administration and recruitment, selection, and termination (Gentry, 2006). This unique position gives Human Resources a clear overview of the personnel within the organization (Wielemaker & Flint, 2005). Leadership plays an important role in the success of an organization (Bass, 1990), and the emotional intelligence of the leader has an impact on the organization (Goleman et al., 2002). Affective commitment is important for reducing turnover (Morrow, 1993). It remains unclear whether the emotional intelligence of the leader affects employees’ commitment. This phenomenological, qualitative study will explore the life experiences of Human Resource professionals, to investigate the phenomena of the emotional intelligence of the leaders and the affective commitment...
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...Human Resources Management Department Brochure HRM/300 October 15, 2012 Hancock Manufacturing Thank you for your interest in Hancock Manufacturing because; we are a technology based each and everyone that get's hired on or already works for Hancock will stay on the right road by furthering their technology education. If one person is lead in the right direction, so the others shall follow, and here at Hancock we care about our employees so much that we put everything we have to keep our fellow coworkers happy so that they stay on the straight and narrow. We pride ourselves so much so that we have classes once a week to keep everyone up to date and their skills stay fresh. We also have a exercise facility so that our employees can find solitude because; if an employee is relaxed and stress free then their state of mind will be crisp and clear so that they may be able to properly concentrate on their work. Another perk we have recently added is a daycare center for children ages birth through ten years old. We did our research and found that if parents were closer to their smaller children that it made for more stress free environment for them as well. The Human Resources Department at Hancock Manufacturing is dedicating to happy and healthy employees. It is our mission to hire qualified, energetic employees who are motivated to helping us achieve organizational success. Our mission today at this University Career Fair is to recruit qualified...
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...European School of Economics ESE-MADRID Mid-term Assignment Human Resources Management Professor Alessandro Gaj. Mauro Suman Neto Madrid, February 27th, 2012 Executive Summary This is a Human Resources plan of The Limassol Manufacturing Company. This plan must give the necessary support to the company management next year, taking in consideration the successions and preparations needed to some of the employees and also some possibilities to hypothetic situations. The plan goal is ensure that the right people, competent, well-prepared and qualified are being chosen for the right positions. All of the actions are taking into consideration the improvement of the talent pool in order to guarantee a successful development of the company. Some concepts about Talent Management and Talent Pool can be found, as the Limasol employees are analyzed and there are some coaching practices suggested to improve the company and the environment. Introduction The Limassol is a company that produces equipment to be used in the wine industry, and it’s based in Cyprus. It is a big company, employing 4,000 people and having 7 big areas, with 7 VP’s, in its organizational chart. The company has one CEO, and below him there are the 7 areas, that are: Special Projects, Sales and Marketing, Technology, Manufacturing, Human Resources, Finance and IT, Comms and Government. Below the areas there are some others controlling levels depending of it area. As any other firm, there are some...
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...Castle’s Family Restaurant Business Plan: Stage III DeVry University December 11, 2011 Table of Contents Table of Contents --------------------------------------------------------------------------------- 2 Executive Summary ------------------------------------------------------------------------------- 3 Introduction ----------------------------------------------------------------------------------------- 4 Company Review ---------------------------------------------------------------------------------- 5 Business Analysis -------------------------------------------------------------------------------- - 6 HRIS Type/Comparison -------------------------------------------------------------------------- 7 HRIS Recommendation -------------------------------------------------------------------------- - 8 Conclusion ------------------------------------------------------------------------------------------ 9 Reference -------------------------------------------------------------------------------------------- 10 Executive Summary This restaurant business plan is for Castle’s Family Restaurant, eight medium-sized restaurants located in small unique cities throughout Northern California. One of the primary business characteristics of Castle’s is to project a food business which can easily provide the best products and services to its customers. Castle’s offers two distinctive dining rooms and menus: the Castle Room, an elegant dining...
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...ensure proper planning in production and management where a competitive edge is needed in order to keep ahead of its competitors and to stays competitive and innovative. The Management has recently came up with a new business target or goals for 2012 where they are trying to reduce product defect by 50% and at the same time to have a well competent employees in their own areas of work. This will ensure higher profit when defects and wastage can be reduce or eliminated. In view of the above, Human Resources have been given the assignment to identify problems or issues within the organisation and to propose to the Management on the suitable approach or processes in determining for such needs. Hence, Human Resource has proposed to the Management Training Needs Analysis as series of activities conducted to identify problems or other issues in the workplace and to determine whether training is an appropriate response. The needs are usually the first step taken to cause a change. This is mainly because a needs analysis specifically defines the gap between the current and the desired individual and organisational performances. TNA or Training Needs Analysis was never conducted before at this company as it is still newly operated and only now that the Management is focusing towards the competency of the employees and it has been given a priority as to maximise output. Although there was no actual time frames given by the Management...
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...Executive |Summary Motivation, Leadership and management and human resource management are important factors in the working of any organization. Each of them have certain theories or principles founded by various researchers and scholars. These theories have gained some criticisms over time. Under motivation there are two types of theories: content and process theories. Content theories include Maslow’s Hierarchy of Needs, Herzberg’s Motivation-Hygiene theory. Process theories include equity theory and expectancy theory. The organizational example is that of a robotics’ manufacturing firm. Leadership and management includes trait theory of leadership, leader behavior theories which focuses on the Michigan Studies and The Ohio state studies and contingency theories of leadership which includes Fiedler’s Contingency theory and the |Path – Goal theory of leadership. This is followed by the fourteen principles of management. The organizational example is that of Continental |Airlines. Lastly, there are three models mentioned under human resource management, the Harvard model, the Michigan model and the Fombrun, Tichy and Devanna model. The organizational example is that of a laundry company called Kwik & Kleen. Table of contents Introduction ………………………………………………………………..Page 1 1. Motivation ………………………………………………………....Page 1 • Maslow’s Hierachy of Needs ……………………………………...Page 1 • Herzberg’s Motivation-Hygiene...
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...Course Outline: Human Resource Management Human capital has emerged as the key differentiator in the organizations’ bid to gain a sustainable competitive advantage over their competitors. This is true more in the context of globalized world economy. Indian industry is also experiencing the globalization phenomenon and the challenge to manage its human resources is more pertinent than anytime before. This course is aimed at managers, not necessarily the human resource managers, working in the globalized context. It intends to expose the participants to the fundamental human resource management functions, and also introduce them to some of the challenges managers face in managing human resources in the global context. Pedagogy There will be a mix of lecture based delivery and discussions built around relevant cases highlighting the concepts in focus. Though the online distance mode puts some constraint on the discussions, it should be the endeavor of all participants to make the sessions as lively as the technology permits. Total online contact hours will be 9 spread over three sessions. Reading Material The reading material for a session including chapters from reference book and cases will be sent before every session. Course Contents Broadly the course will cover the following topics. However instructor keeps the discretion to modify it a bit here and there as and when need arise. Session 1 Human Resource Management System, Context and Challenge. Readings: ...
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...GLOBAL LEADERSHIP DEVELOPMENT BUS 439 Lori Wieters 08/01/2011 The development of globally competent leaders has been widely recognized as a critical factor in the future success of multinational companies. It is no surprise that global leadership development is one of the key human resource issues of chief executives in multinational firms a shortage of global leaders is becoming an increasing problem for multinational companies, slowing down and sometimes hindering the implementation of global strategies and leading to lower bottom-line results. Organizations are struggling today to identify both current and future global leaders, they are also failing to help these global leaders to acquire the skills and best practices necessary to succeed in the face of greater globalization. Most global leadership development programs fail primarily due to the lack of a coordinated internal process to create, flexible, and visionary leaders who can hold multiple perspectives in different environments. Some of the issues associated with global leadership development occurs where “a lot of career politics are associated with getting visibility early in the eyes of top management so that one will be given the challenging jobs that count. How- ever, there are real dilemmas associated with the age when potential should be identified—early or late?” (Evans, P., Pucik, V., Bjorkman, I., p. 336). The challenge is the amount of time, effort and investment it takes to develop globally...
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