Premium Essay

Global Human Resource Management

In: Business and Management

Submitted By justlyme
Words 5594
Pages 23
Global Human Resource Management
By
Michelle L. Johnstun

Survey of Global Business
MGT 430
Dr. Ed Goold D.B.A. M.B.A.
February 12, 2013

Abstract
Human Resource Management is related to the strategy of an organization in assisting a firm to reach its primary goal of “reducing the costs of value creation and adding value by better serving customers” (Hill, 2013). In order to be successful as a global HRM cultural differences and customs must be acknowledged and understood. Labor laws, compensation practices, equal employment legislation, and the enforcement of a firm’s established code of conduct are examples of the complexity in the role of a global HRM. Knowing how to staff, develop, compensate, and evaluate key management positions for global posts are critical to ensuring the success of an expatriate manager and the costs associated with doing business in another country. This paper will go into greater detail the strategic role of a global HRM in an International business setting; discuss the four major tasks associated with a global HRM which include: staffing policies, management training and development, performance appraisal, and compensation policies. Lastly, this paper will discuss the international labor relations; the relationship between management of labor relations and the firm’s overall strategy.

CONTENTS
Abstract …………………………………………………………………………………………..2
The Strategic Role of an International Human Resouce Manager ……………………………….4
Staffing Policy ……………………………………………………………………………………5
Expatriate Managers ...……………………………………………………………………………9
A Global Mindset …………………………………………………………………………….….12
Training & Management Development …………………………………………………………13
Expatriate Training ……………………………………………………………………………...13
Repatriation of Expatriate ……………………………………………………………………….14
Management Development & Strategy …………………………………………………………15...

Similar Documents

Premium Essay

Global Challenges of Human Resources Management

...Abstract The coming of the 21st century globalization poses distinctive Human Resources Management (HRM) challenges to businesses especially those operating across national boundaries as multinational or global enterprises. Global business is characterized by the free flow of human and financial resources especially in the developed economies of European Union (EU), the North American Free Trade Agreement (NAFTA), other regional groupings such as the Association of South East Asian Nations (ASEAN), the Economic Community of West African States (ECOWAS), the Southern African Development Community, etc. (Schuler, R.S & Tarique, I. & Jackson, S.E, 2002). J.P. Morgan is a leader in wholesale financial services, offering intelligent solutions across one of the most comprehensive global product platforms available. JPM keep client objectives foremost important, fostering long-term relationships. This combination of product strength, intellectual capital and character sets the firm apart as an industry leader. I was working at JPM Israel last year and have a lot of knowledge from the inside. I was part of the Investment Banking at the Israeli JPM which is a representative branch that has been committed to serving clients and has key relationships with governments and top financial and corporate institutions....

Words: 1775 - Pages: 8

Premium Essay

Cultural and Institutional Context of Global Human Resource Management

...2 LEARNING OBJECTIVES After reading this chapter you should be able to •• describe the basic characteristics of culture and explain how cultural dimensions can be used in global HRM, •• describe how the institutions of society can shape HRM policies and procedures, •• discuss the possibility of the convergence of HRM across countries, •• explain how the heritage of state socialism continues to influence the context of HRM in transition economies, and •• discuss the effects of cultural and institutional context on the HRM role and on employee expectations. 23 24    ESSENTIALS OF INTERNATIONAL HUMAN RESOURCE MANAGEMENT Springtime in Paris As she savored the last bite of her croissant, Martha Pereaux, HR director for C3 Technologies, thought about how she would approach her latest “cross-cultural collision,” as she had come to think of them. In the year since she had moved to Paris from Houston, there had been many, but none quite as bizarre as this one. Martha had taken the big promotion to head up the HR division of the joint venture between Houston-based SuperChem and the French company. C3 developed technology for the oil industry, primarily new types of concrete that formed the barrier wall for offshore oil and gas wells. The joint venture was meant to take on the likes of the giant Schlumberger on its own turf and compete with them for valuable technical staff....

Words: 9323 - Pages: 38

Premium Essay

Global Human Resource Management in Contrast to Hofstede’s Five Dimensions

...Human Resource Management: Module 2 Reaction Paper Global Human Resource Management in contrast to Hofstede’s five dimensions Changes in technology, social and economics have led to many organizations expanding their business into international markets. Business exchanges between various countries have become a common thing today. However, expanding their enterprise globally will bring new legal and ethical challenges due to differences in cultural view. HR professionals must increase their knowledge and skills in the international environment to keep their organizations competitive in this challenging global marketplace. It means that HR related problems different countries solve in different ways. Hofstede suggests that culture influences business related practices. Many HR representatives working in an international business a global business world face the same difficulties, but also face other new challenges that relate to cultural convergence in business practices. There are many characteristics to identify a countries culture. When dealing with HR issues, culture plays a major role in how an organization handles personnel issues. We can best understand this if culture is defined. Culture is the common ideas, beliefs and values shared by the members of a group of individuals (Hofstede 1984). Each group is defined by specific family traditions, common languages, ethnic diets, notions, and dress....

Words: 962 - Pages: 4

Premium Essay

Case

...HUMAN RESOURCE MANAGEMENT (HRM) IN THE GLOBAL PERSPECTIVE: THEORY AND PRACTICE. BY UKERTOR GABRIEL MOTI (P.hD.) Department of Public Administration UNIVERSITY OF ABUJA INTRODUCTION Human resource management (HRM) is universal in terms of strategies, policies and processes. The term has gradually replaced personnel management. Managing and developing human resources in the international (global) setting is increasingly recognized as a central challenge, particularly to multinational enterprises (MNEs). Human resource management is both academic theory and a business practice that addresses the theoretical and practice techniques of managing a workforce. While the theoretical aspects of the discipline may also be universal, the same cannot be said of its practice. The paper defines human resource management, the theoretical basis of the discipline, business practice and global or international human resource management. Thereafter, the paper concentrates on global perspective or issues in international human resource management practice. HUMAN RESOURCE MANAGEMENT Human resource management is the strategic and coherent approach to the management of an organization’s most valued assets – the people working there who individually and collectively contribute to the achievement of the objectives of the business....

Words: 2266 - Pages: 10

Premium Essay

Human Resource Management

...Global Human Resource Management Learning Objectives After studying this chapter, you should be able to: Describe the drivers behind globalization in the early 21st century. Discuss the role that culture plays in determining the effective use of human resource management practices in a global organization. Identify critical HRM issues faced by multinational and global organizations when they conduct business in the international marketplace. Internet/Web Resources General Sites www.expatexchange.com www.ilo.org www.odei.gov/cia/publications/factbook/ index.html www.mexicomaquila.com www.gmacglobalrelocation.com www.shrm.org globalgateway.monster.com Company Sites www.globaldynamics.com www.nortel.com www.bp.com www.dell.com www.ballygaming.com www.nestle.com www.unilever.com www.fiat.com www.volvo.com Career Challenge Chapter 4 Global Human Resource Management 97 Boswell Technologies is a computer software development firm located in Akron, Ohio. Michael Carl, vice president for human resources at Boswell Technologies, has just returned from San Benedetto, Italy. It seems that Boswell is soon going to become Boswell International. The company has just acquired a successful software firm located in San Benedetto. The purpose of the acquisition was to quickly allow Boswell to become a premier supplier of new and innovative computer software in Europe....

Words: 18056 - Pages: 73

Premium Essay

Introduction in Hrm

...INTRODUCTION Human resource management (HRM) is universal in terms of strategies, policies and processes. The term has gradually replaced personnel management. Managing and developing human resources in the international (global) setting is increasingly recognized as a central challenge, particularly to multinational enterprises (MNEs). Human resource management is both academic theory and a business practice that addresses the theoretical and practice techniques of managing a workforce. While the theoretical aspects of the discipline may also be universal, the same cannot be said of its practice. The paper defines human resource management, the theoretical basis of the discipline, business practice and global or international human resource management. Thereafter, the paper concentrates on global perspective or issues in international human resource management practice. HUMAN RESOURCE MANAGEMENT Human resource management is the strategic and coherent approach to the management of an organization’s most valued assets – the people working there who individually and collectively contribute to the achievement of the objectives of the business. The terms “human resource management” (HRM) and “human resources” (HR) have largely replaced the term “personnel management” as a description of the processes involved in managing people in organizations....

Words: 2242 - Pages: 9

Premium Essay

They Want to Do Their Best Work

...Impact of Globalization on Human Resource Management Bhushan Kapoor, Professor and Chair, Information Systems & Decision Sciences, Cal State University, Fullerton, USA ABSTRACT The roles and responsibilities of Human Resources departments are transforming as the modern business faces pressures of globalization. The global supply of talent is short of its long-term demand, and the gap is a challenge for employers everywhere. The shortage between the demand and supply of talent is likely to continue to increase, notably for high skilled workers and for the next generation of business executives. Now organizations need to place greater emphasis on attracting human capital rather than financial capital. Global staffing and management of a workforce diverse in culture and language skills, and dispersed in different nations are the key goals of global human resources. Only those multinational enterprises willing to adapt their human resource practices to the changing global labor market conditions will be able to attract and retain high performing employees. Companies with the ability to foresee their business needs and their workforce needs – especially for high skills – will gain the decisive competitive advantage. Keywords: Human Resource Management, Globalization, Data Analytics, Data Warehouse, Online Analytical Processing, Data Mining, Key Performance Indicators, Dashboards, Scorecards....

Words: 4640 - Pages: 19

Premium Essay

Bus. Admin

...Question 1 1.1 Human Resource Management as defined by Jones and George, 2003:365 “Human Resource Management includes activities that managers engage in to attract and retain employees and to ensure that they perform at a high level and contribute to the accomplishment of organisational goals”. Human Resource Management has been around has been (History of Human Resource Management) The current approach at Global enterprises consist a very administrative process of managing human relations at the organization. We note that the entire system used by global enterprises is basically outdated and completely technology less. Their process of employing staff to filling positions within the company seems to be handled across the board of supervisors per department alternative to the Human Resource department handling the entire process of staffing the organization. The process used currently makes not room for the actualization of the Human resource department or function rendering their services to almost no value. This shift form the Administrative look at the human resource department is imperative for the growth of Global Enterprises. In an technologically age we take note to the various programmes available to organizations the advancement of the Human Resource management, both technically and legislatively proves that there has been leaps and into the future of Human resource management and the application of HRM in today’s business....

Words: 4707 - Pages: 19

Premium Essay

How International Business Affected Hrm

...How International Business Affected HRM Terry Conry Human Resource Management 12 August 2014 How International Business Affected HRM Introduction Changing trends within globalization, technology, and e-business has caused for diversity to have an impactful effect on each & every aspect of business involving human resource management. Furthermore, there has been the enhancing demand for organizational flexibility. Human resource management has been very challenging within international regard. This has been the discipline, which trusts totally on the people, and its behavior has been decided through shared values. As values change from one generation to the next, from one country to another, and from one culture to the next, rules of human resource management have been regularly altered ("Going Global: Managing the HR Function across Countries and Cultures.," 2009). The effect of globalization combined with internationalization within increasingly competitive business arenas is required to be evaluated. This particular paper will give insight to how human resource management fits in along with contributes towards companies international business strategy, as well as discussing important factors that influence international human resource management with regards to globalization. • How has the growth in international business affected human resource management?...

Words: 1893 - Pages: 8

Premium Essay

Organizing Paper

...Organizing Paper Debbie Marvidikis University of Phoneix Organizing Paper Google is a global international organization that has an innovative management structure. Since the beginning of Google in September 1998 the co-founders Larry Page and Sergety Brin has brought Google into the future and has expanded their organization to more than 20,000 employees. A Google management team embodies the most experienced professionals in the world (Management team). Organizing Google’s business and management teams is a continual effort. To manage Google’s resources requires different management skills. These skills are a process of management organization. Organizing is the gathering of resources needed to achieve the goals that have been developed by the company. Resources for the organization to consider are the human resources, financial resources, knowledge resources, technology resources. A consideration for Google’s management is organizing the delineation of job responsibilities and out-sourcing the resources for those job-related tasks. Google’s management must organize the organizations resources globally before implementing their business plan. Organizing can help with integration of a plan to combine resources to accomplish the company’s goal. Google’s organization is global therefore; they cannot work in a silo. By organizing the functions of management Google is capable of capitalizing on their management team’s experience....

Words: 1095 - Pages: 5

Premium Essay

International Human Resource Management

...Global Human Resource Management Group # xx Strategic Role of International HRM and Staffing Policy Nusrat Jahan Khan ID # 2015 291 014 Global Human Resource Management Strategic Role of International HRM  HRM function through its staffing, training, compensation, and performance appraisal activities has critical impact on the people, culture, incentive and control system elements of the firm’s organizational architecture....

Words: 576 - Pages: 3

Premium Essay

Want to Learn

...Student Name | | Abdulrahman Redwan | 1316429 | A Global Perspective of Human Resources For Dr. Ali Alkahtani Human Resources: A Global Perspective Employee engagement and cultural issues have become the first challenge facing HR professionals around the world, according to the 2015 Global Human Capital Trends report, released by Deloitte. The report concludes, “Today’s HR challenges require a new playbook—one that helps make HR more agile, forward thinking and bolder in its solutions.” The report says today’s organizations are facing a new world of work that will require a reshaping of strategies for leadership and talent management. Because culture is the driving force in most organizations, engagement and retention strategies need to be responsive to these changes. However, more than half of survey respondents said their organizations have poor programs or no programs at all in place to gauge or bolster engagement levels. Other issues uncovered by the report include a global lack of leadership succession programs, with only 10 percent of respondents saying they have an “excellent” program in place, and the need for a complete makeover of most HR departments. Only 5 percent believe their organization's performance is excellent, with 22 percent saying their department is adapting to their workplace’s changing needs . What is happening in HR in 2011?...

Words: 1349 - Pages: 6

Premium Essay

Challenges of International Human Resource Management.

...Globalization influences the way companies manage their human resources, therefore one of the most difficult challenges for truly global organizations, are challenges of international human resource management. Global or international human resource management is the process of employing, developing and rewarding people in international or global organizations. International human resource management involves a...

Words: 3922 - Pages: 16

Premium Essay

Human Resource Management

...Global Journal of Human Resource Management Vol.3, No.3, pp.58-73, May 2015 Published by European Centre for Research Training and Development UK (www.eajournals.org) HISTORY, EVOLUTION AND DEVELOPMENT OF HUMAN RESOURCE MANAGEMENT: A CONTEMPORARY PERSPECTIVE Kipkemboi Jacob Rotich1, Moi University, School of Human Resource Development, Department of Development Studies, P.o Box 3900-30100, Eldoret, Kenya. ABSTRACT: Various attempts have been made towards tracing the historical development of the discipline of Human Resource Management (HRM). However, these initiatives have largely been concentrated on certain specific periods of time and experiences of specific countries and regions such as Australia, the USA, the UK and Asia (Nankervis et.al, 2011; Kelly, 2003; Ogier, 2003). This paper attempts to document the entire history of the discipline of Human Resource Management from a holistic perspective. The evolution and development of HRM will be traced right from the pre-historic times through to the postmodern world. Major characteristics in the evolution and development of HRM will also be examined and documented....

Words: 6796 - Pages: 28

Premium Essay

Mr. Keknyemb

...Assignment 1: Literature critique An exploration of the impact of strategic international human resource management on firm performance: The case of Foreign MNCs in China By Chanzi Bao, Robert and UK Farhad Analoui, Robert Gordon University. 2011 Overview of the article’s content The paper reports the intensive competition arising from globalisation requiring MNCs to seek low cost, innovation, speed and adaptability and the need to manage their human resources globally and strategically in order to become a source of competitive advantage. The authors state that there is a need to manage human resources strategically so that they become source of sustained competitive advantage (Wright and McMahan, 1992; Boxall and Purcell, 2008). And that this has led to the evolution of strategic international human resource management (SIHRM), which not only acknowledge the need of balancing global integration and local responsiveness (Evans et al., 2002), but to seek strategic fit between HR policies and business strategy in order to achieve superior business performance. The researcher’s paper focus upon China with reference to foreign MNCs’ operations and the challenges faced from the dual pressure of balancing globalisation and localisation....

Words: 1440 - Pages: 6