Premium Essay

International Human Resource Management (Importance Ad Significance)

In:

Submitted By AfrozaKhan
Words 3338
Pages 14
Table of Contents
Introduction 2
Differences between Domestic and International Human Resource Management 2
What is Expatriate 4
IHRM has three dimensions 4
International assignments create expatriates 5
Increasing Importance of International Human Resource Management 6
Significance of International Human Resource Management 9
Conclusion 11
Reference……. 12

Introduction
As we enter the new millennium, more and more companies are recognizing the importance of managing their human resources as effectively as possible. They are also recognizing that doing so, however, cannot be done without recognition and incorporation of the global context. It is virtually impossible to read a business periodical or newspaper anywhere in the world without seeing stories detailing the success of a company due to how effectively it manages its people. As the environment becomes more global, managing people also becomes more challenging, more unpredictable and uncertain and more subject to rapid change and surprise. Thus what we are witnessing within human resource management (HRM) is the rapid appreciation for and development of all aspects of global and international activities and issues associated with and affected by HRM. And because the importance of managing people effectively in the global context is so great, many companies are devoting a great deal more time, attention, skill, and effort into doing it well. To be successful, many firms have to compete on the global playing field because the costs associated with the development and marketing of new products are too great to be amortized only over one market, even a large one such as the USA or Europe. Knowledge of conditions in a variety of countries and knowledge of how to manage both within and across them is the essence of international HRM.
Differences between Domestic and

Similar Documents

Premium Essay

Special Economic Zones

...national and international importance. 3. History of India – emphasis will be on broad general understanding of the subject in its social, economic, cultural and political aspects with a focus on AP Indian National Movement. 4. World Geography and Geography of India with a focus on AP. 5. Indian polity and Economy – including the country’s political system- rural development – Planning and economic reforms in India. 6. Mental ability – reasoning and inferences. 7. DISASTER MANAGEMENT (Source : CBSE Publications) 1. Concepts in disaster management and vulnerability profile of India / State of A.P. 2. Earth quakes / Cyclones / Tsunami / Floods / Drought – causes and effects. 3. Man made disasters - Prevention strategies. 4. Mitigation strategies / Mitigation measures MAIN EXAMINATION (CONVENTIONAL TYPE) GENERAL ENGLISH (X CLASS STANDARD, QUALIFYING FOR INTERVIEW) 1. Comprehension 2. Precis-writing 3. Re-arrangement of sentences 4. Correction of sentences 5. Synonyms 6. Antonyms 7. Filling in the blanks 8. Correction of spellings 9. Vocabulary and usage 10. Idioms and phrases 11. Verb tenses 12. Prepositions 13. Active voice and Passive voice 14. Parts of speech PAPER-I GENERAL ESSAY (Candidate should write three Essays one from each section compulsorily. Each section contains three topics. Each Essay carries 50 marks.) SECTION-I : Crisis management, Social problems, Analysis and solutions. SECTION-II : Current events of national and international...

Words: 2026 - Pages: 9

Premium Essay

Economic Growth

...Bangalore University Bachelor of Business Management (New Scheme) SEMESTER SCHEME OF EXAMINATION UNDER SEMESTER : BBM COURSE SEM NO. PAPER NO. 1.1 TITLE OF THE PAPER LECTURE HOURS 04 MARKS UE 90 RM 10 TOTAL MARKS 100 I 1.2 1.3 1.4 1.5 1.6 2.1 II 2.2 2.3 2.4 2.5 2.6 3.1 3.2 3.3 3.4 3.5 3.6 3.7 4.1 4.2 4.3 4.4 4.5 4.6 4.7 5.1 5.2 5.3 5.4 5.5 5.6 III IV V LANGUAGE: KANNADA/SANSKRIT/URDU/TAMIL/ TELUGU/ADDITIONAL ENGLISH/ MARATHI/HINDI ENGLISH BUSINESS ECONOMICS FUNDAMENTALS OF ACCOUNTING BUSINESS MANAGEMENT BUSINESS MATHEMATICS TOTAL LANGUAGE: KANNADA/SANSKRIT/URDU/TAMIL/ TELUGU/ADDITIONAL ENGLISH/ MARATHI/HINDI ENGLISH BUSINESS STATISTICS FINANCIAL ACCOUNTING ORGANISATIONAL BEHAVIOUR BUSINESS ENVIRONMENT TOTAL BUSINESS COMMUNICATION HUMAN RESOURCE MANAGEMENT MARKETING MANAGEMENT CORPORATE ACCOUNTING SERVICES MANAGEMENT INTERNATIONAL BUSINESS INDIAN CONSTITUTION TOTAL BUSINESS RESEARCH METHODS BUSINESS LAW COST ACCOUNTING FINANCIAL MANAGEMENT PRODUCTION & OPERATIONS MANAGEMENT LAW AND PRACTICE OF BANKING COMPUTER FUNDAMENTALS TOTAL INCOME TAX STRATEGIC MANAGEMENT MANAGEMENT ACCOUNTING COMPUTER APPLICATION IN BUSINESS PROJECT MANAGEMENT ENTREPRENEURIAL DEVELOPMENT TOTAL 04 04 04 04 04 24 04 90 90 90 90 90 540 90 10 10 10 10 10 60 10 100 100 100 100 100 600 100 04 04 04 04 04 24 04 04 04 04 04 04 04 28 04 04 04 04 04 04 04 28 04 04 04 04 04 04 24 90 90 90 90 90 540 90 90 90 90 90 90 90 630 90 90 90 90 90 90 90 630 90 90 90 90 90 90 540 10...

Words: 19726 - Pages: 79

Premium Essay

Will Duty to Save Environment Ever End? Law as Integrity

...Mamunur Rashid* Abstract Human rights are not the new concept but due to its serious importance, these have become status of religion in today’s world. People do not respect, sometimes, such rights only because they are protecting themselves. So-called political, commercial or professional interest is first priority of the most people. Land-grabbing illegally, destruction of the trees and greenery environment catastrophically, using pump machine for drawing drinking water from the underground with no hesitation, wastage of natural resources cruelly, enemy behavior with the animals, beasts and other dependant pieces are glaring examples of greedy and selfish tendency of the prudent lives of the universe. These inhuman activities are obliging morally some conscious people to think about its protection. As a result, if any pre-emptive measure for maintaining peace and tranquility is taken all over the world, respecting human rights and humanity is considered as prime concern in such exceptional circumstances. Constitution, national laws and international conventions have accommodated few rights emphatically. ‘Right to life’ is that types of rights. In addition, non-complying with many other rights originated from nature is essential; otherwise, enjoyment of ‘right to life’ would be impossible. Safe environment is one of those significant rights which facilitate us to ensure ‘right to life’. Judiciary, legal instrument of national and international arena and Constitution of many...

Words: 7832 - Pages: 32

Premium Essay

Information System Strategic Planning

...Running head: INFORMATION SYSTEM STRATEGIC PLANNING Information System Strategic Planning, the Cost of Efficiency Student Name University Any Town, Virginia September 2010 Certification and Approval A Directed Research Project on Information System Strategic Planning the Cost of Efficiency: Is there a preferred approach to information systems planning, submitted to the Graduate Faculty of Strayer University in candidacy for the degree of Master’s of Science in Information Systems. Submitted by: _________________________Date: _______________ Approved by: ___________________________ Date: _______________ ABSTRACT Information systems’ planning is often costly to implement and maintain; however, sound planning practices may reduce expenses associated with the development processes. A Formal methodical approach to systems analysis, requirements engineering, systems design, development, and construction may offer a reduction in development and certain aspects of life cycle support expenses. Corporate expenses may reach approximately 5% of their gross income on information systems development and support. This equates to approximately $15,000,000 to $35,000,000 annually (Whitemarsh Information Systems Corp. 2008, p.). Information systems may cost significantly less. In comparison, information systems, contingent upon other factors such as size of the company, and complexity of the information system cost may range anywhere from $2,000,000 to $10,000...

Words: 6140 - Pages: 25

Premium Essay

Training and Development @ Prabhat Khabar

... BBA Department, for his constant encouragement. My parents need special mentions here for their constant support and love in my life. I also thank my friends and well wishers, who have provided their whole hearted support to me in this exercise. I believe that this Endeavor has prepared me for taking up new challenging opportunities in future. Yours Faithfully DIBYANSHU PRAKASH INDEX TOPIC | PAGE NO. | Chapter-1 Print Media - Introduction | 4-8 | Brief history of print media | 5 | Types Of Print Media | 6 | Chapter-2 Prabhat Khabhar An Overview | 9-20 | Introduction to NEUTRAL PUBLISHING HOUSE LTD. | 10 | Journey of Prabhat Khabhar | 11 | Mission & Vision | 12 | Departmentwise Management | 14 | NPHL Products & Brands | 17 | Chapter-3 Objective Of The Study | 21-22 | Chapter-4 Employees...

Words: 4491 - Pages: 18

Premium Essay

Human Reource Management in Advertising Agency

...HUMAN RESOURCES MANAGEMENT IN ADVERTISING AGENCY Lecturer PhD. Cristina LEOVARIDIS State University of Political and Administrative Studies Bucharest Abstract: The paper presents advertising agencies as a new type of knowledge-based organizations (knowledge-intensive organizations), whose essential resource is its people with their competences, in conditions in which in the present society knowledge is becoming the most important source of competitive advantage for current organizations. Such professional services firms have to practice a particular type of management, focused on their employees, on thier aspirations and satisfaction, therefore the component processes of the human resources management (recruitment, selection, integration, motivation etc.) have a particularly important role in obtaining employees’ loyalty and increasing their performance and consequently in the survival and development of the company. The empirical research used case studies based on in-depth interviews with managers in Bucharest advertising organizations, but also a survey through questionnaire sent by e-mail to advertisers across the country, to provide a clear picture on the characteristics of human resources management in Romanian advertising agencies. Key words: knowledge-intensive organization, advertising agency, human resources management, competences Introduction Nowadays, competition between organizations - becoming more flexible and innovative adhocracies - is "moving" more and...

Words: 5453 - Pages: 22

Premium Essay

Buller Et Al 2000 - When Ethics Collide- Managing Conflicts Across Cultures.Pdf

...stymied recently due in part to consumer reaction to conflicts involving management practices in its suppliers' factories in the Far East. Among the accusations-poor working conditions, low wages, enforced over­ time, and harsh, sometimes brutal, discipline and corporal punishment. Levi Strauss & Co. was recently confronted with the challenge of how to deal with contractors in Bangladesh that employed young children, a legal practice in Bangladesh, but one contrary to Levi's company policy. The fact that these chil­ dren were often a sole or significant source of their family income further complicated the mat­ ter. Tony Anderson, Chairman and CEO of H. B. Fuller Company, was faced with a decision re­ garding the company's responsibility for illegiti­ mate use of one of its products. Resistol, a tolu­ ene-based glue, has become an addictive drug of choice for many Central American street chil­ dren. These "Resistoleros" inhale the glue and often experience violent reactions and serious health problems, including kidney failure and brain damage. ness practices. Ethical conflicts may involve a variety of issues: • bribery and extortion, as in the highly publicized case of Lockheed, which made $12.5 million in payments to Japanese agents and government officials to secure an impor­ tant order from Nippon Air. This incident was a major impetus for the passage of the Foreign Corrupt Practices Act in 1977. • human rights concerns, like those now being debated in the apparel industry...

Words: 7825 - Pages: 32

Free Essay

Is Culture Really All That International Human Resource Manager Is About?

...Is culture really all that International Human Resource Manager is about? * Introduction * Diversity Management * IHRM & Culture issue * Conclusion * References Introduction People have always been the driving force of business and management. This force is a challenge and if not addressed with the right skills, it will develop into disturbing elements that are very dangerous for the management of the company. The challenges of global talent selection and mobility of labor, established by a career concept that transcends national borders and organizational groups and the emergence of virtual collaboration on international projects requires companies to develop new skills in their employees to be effective in the complexity of today's contexts. The workforces are people, and as we are human, we are all different from various points of view. This paper aims to answer the question: “Is culture really all that International Human Resource Manager is about?” I’ve analyzed the differences between HRM and IHRM based on the concept of diversity, characteristics that influence both topics but in a different way. After this, the next stop is to define IHRM and the concept of culture to reach the conclusion that managing cultural differences in an international team is the major challenge to IHRM. Due to the movement of employees between foreign subsidiaries and headquarters and between foreign locales, HRM professionals are likely to...

Words: 3258 - Pages: 14

Premium Essay

Workforce Diversity

...diversity, organizations must develop or adapt new strategies of recruiting to avoid adverse impact. The purpose of this paper is to review literature that offers strategic remedies for organizations to consider in developing and maintaining their workforce diversity programs. Workforce Diversity and Diversity Management Practices Diversity has been defined in many ways and can have multiple meanings depending upon the objective for which it is sought to be defined. For the purposes of this paper, workforce diversity is defined as policies and practices that seek to include people within a workforce who are considered to be, in some way, different from those in the general population (McInnes, 1999). Knouse (2008) defines diversity management as the ability to maximize the advantages of organizational member diversity and minimize the problems. One can make the case for diversity several ways (Cox, 1993). It is the legal thing to do; it is the moral thing to do; and it is the right business practice to follow. In other words, diversity management makes good business sense. This latter statement is known as the business case for diversity – diversity management increases profits by providing a competitive edge to the firm (Karsten, 2006). (Knouse, 2008, p. 17). Ng and Sears (2010) clarified that workforce diversity is not only important, but...

Words: 2012 - Pages: 9

Premium Essay

Mba Special Assignment

...|Statistics for Management |3 |1 |0 |4 | |BA9102 |Economic Analysis for Business |4 |0 |0 |4 | |BA9103 |Total Quality Management |3 |0 |0 |3 | |BA9104 |Organizational Behaviour |3 |0 |0 |3 | |BA9105 |Communication Skills |3 |0 |0 |3 | |BA9106 |Accounting for Management |3 |1 |0 |4 | |BA9107 |Legal Aspects of Business |3 |0 |0 |3 | |BA9108 |Seminar I – Management Concept |0 |0 |2 |1 | | |Total | | | |25 | SEMESTER – II |Code No. |Course Title |L |T |P |C | |BA9121 |Operations Management |3 |0 |0 |3 | |BA9122 |Financial Management ...

Words: 17609 - Pages: 71

Premium Essay

Delay Examination

...sciencedirect.com International Journal of Project Management 30 (2012) 479 – 489 www.elsevier.com/locate/ijproman Analysing factors affecting delays in Indian construction projects Hemanta Doloi a,⁎, Anil Sawhney b , K.C. Iyer b , Sameer Rentala a b c c Faculty of Architecture, Building and Planning, The University of Melbourne, Victoria 3010, Australia Dept. of Civil Engineering, Indian Institute of Technology, Delhi, Hauz Khas, New Delhi 110016, India Construction Technology & Management, Dept. of Civil Engineering, Indian Institute of Technology, Delhi, Hauz Khas, New Delhi 110016, India Received 5 January 2011; received in revised form 12 October 2011; accepted 20 October 2011 Abstract Construction projects in India are experiencing widespread delays. Due to a dramatic shift in the capacity and volume of the Indian construction sector over the last decade, the need of a systematic analysis of the reasons of delays and developing a clear understanding among the industry professionals are highly crucial. Using a selected set of 45 attributes, this research first identified the key factors impacting delay in Indian construction industry and then established the relationship between the critical attributes for developing prediction models for assessing the impacts of these factors on delay. A questionnaire and personal interviews have formed the basis of this research. Factor analysis and regression modelling were used to examine the significance of the delay factors...

Words: 9788 - Pages: 40

Premium Essay

Communication in the Workplace

...mu GRADUATE SCHOOL OF MANAGEMENT UNIVERSITY PUTRA MALAYSIA ORGANIZATIONAL BEHAVIOR GSM 5101 FIRST TRIMESTER 2011/2012 NAME OF LECTURER: DATO’ DR. ZULKIFLI IDRIS “MOTIVATION IN THE WORKPLACE” NAME OF STUDENT: MOHD HAFIZI BIN ABDUL FATAH MATRIC NO: GM04509 Introduction In today business world, many business managers are not aware of the effects that motivation can have on their business. Therefore, it is very important for the graduating students of University of Putra Malaysia to learn and understand the factors that determine positive motivation in the workplace. Regardless whether the business is MNC (multinational company), or SME (small medium enterprise), every single employee needs some of form of motivation to motivate them as a strategy to attain organizational goals. Later in the following content, we will see the importance and effects of motivation by identifying key factors that determine the rate of motivation in employees of any organization and how these factors are linked directly to their individual needs, behaviour and attitudes. According to the book written by McShane (2010), he said “motivation is the driving force by which humans achieve their goals.” Importance of motivation In the organization, motivation is very important elements in the whole management process. Motivation is use for encouraging employees to make positive contribution for achieving organizational objectives. Motivation is necessary as incentive in order...

Words: 1693 - Pages: 7

Premium Essay

Vcxv

...INTENTION TO PURSUE THE JOBS Naveed R. KHAN Marinah AWANG Arsalan Mujahid GHOURI Universiti Pendidikan Sultan Idris Tanjong Malim, Perak, Malaysia Email: naveed.r.khan@gmail.com Abstract: The study highlighted the significance of e-recruitment in the firms. In current epoch technology integrated the information in a sophisticated manner and has influenced on every setting of daily affaires. Hence job seekers are also get benefited with the internet era and start searching the jobs on internet. This study examined the relationship between the recruitment sources, job seekers’ perception and intention to pursue the job. Data was collected from 257 respondents and analysed in relation with the research objectives. The findings of the study showed that internet is the most preferred source to search the job among other recruitment sources. Furthermore, it is also suggested that the effectiveness of e-recruitment depends upon the placement of advertisement and salary is the most influential motivator to find interest in the job applied. Lastly, statistics of the study found that the recruitment sources and applicant’s perceptions of job significantly influence the intention to pursue the position applied by the job seeker. Keywords: Human resource management; e-recruitment; online job searching; online job portals; salary. 1. Introduction Electronic revolution and globalization changed the life of people living in the current epoch. Internet facility has now...

Words: 4363 - Pages: 18

Free Essay

Ijnjnok

...Globalization ,Education and Japan Ikuo ISOZAKI(Dr. & Prof.) Chiba University,JAPAN Introduction The word “globalization” is the buzzword of the moment. Similar to the word “democracy”, it could be one of those words that become more ambiguous in meaning as they are more widely used. Globalization, however, is not too difficult a word to understand when we interpret it as a phenomenon where goods, people, information and services are now more easily coming together over national boundaries. Behind globalization, no doubt, is rapid technological innovation. The idea is that globalization is dramatically making our globe smaller, our spectrum wider and our various networks larger. Some people argue that there are downfalls however, including flooding information and heightening psychological insecurity from various types of inequality. We are required to face globalization while fully understanding the positives and negatives of globalization. Globalization is likely impacting not only on how economies work, but also on what a state actually is. For example, some experts maintain that the function of a state is diminished by globalization and forced to focus efforts on localization and regionalization. I would like to examine from various aspects how globalization influences states,and public policies, especially on the educational policy by taking Japan as an example...

Words: 4654 - Pages: 19

Premium Essay

Report on Atn

...Chapter One Introduction Background of the Report: [pic] The goal of Marketing Management is to introduce new marketing students to the fascinating world of modern marketing in an innovative yet practical and enjoyable way. Like any good marketer, we’re out to create more value from our customer. We’ve poured over every page, table, figure, fact and example in an effort to make this the best text from which to learn about developing marketing strategy and plans. Today’s marketing is all about creating customer value and building profitable customer relationship. Today marketers must be good at creating customer value and managing customer relationship. They must attract targeted customers with strong value propositions. Today’s outstanding marketing companies understand the marketplace and customer needs, design value creating marketing strategies, develop integrated marketing programs that deliver customer value and delight and build strong customer relationships. For this reason need a communicative channel. Significance of the Report: [pic] Marketing is the part and parcel of everyone . It is not only related in the business, it also affects human life as well as social life. The length of human life is short but the length of business is so large. So, we can say that marketing is a relevant tropic right now. As a mandatory part of the BBA program, some of the students of Faculty of Business, Bangladesh University of Business & Technology has...

Words: 2958 - Pages: 12