INTRODUCTION
In an increasingly globalized world economy, the aggravation of global competition, the most important factor of national competitiveness are highly qualified and motivated employees (Storey 2007). Gubman (1996) pointed out the three challenges for the organizations that will never change: first, the major mission of human resources is to gain, develop, retain talent; second, adjust the workforces with the business; lastly, a superlative contributor to the business. Moreover, human resource management is characterized by the fact that the staff seen as an important strategic resource for the organization, which requires investment, modernization, planning, staffing, training, etc. This paper will introduce an overall review of the International Human Resource Management (IHRM) theories and studies. The analyzed concepts and approaches will be applied to the case study about Yarden Mex chain of Mexican Grill Restaurants and its Subsidiaries. The paper will include definitions of Global Talent Management (GTM) and Global Diversity Management (GDM). In addition, the applied theories to the case study will generate suggestions.
DISCUSSION
Human resource management functions in multinational companies are incredibly complicated by the need to adapt policies and procedures related to personnel, to differences between the countries, which is one of the branches. In particular, the countries cultural differences, differences in economic development and legal systems may require an international company adaptation programs of hiring, firing, training and remuneration for
The purpose of this write up is to analysis the importance of upper management training in hospitality industry and what kind of training could be given and also human resource management in hospitality industry. Before going to the case study of Hilton Hotel group let’s look at other different definitions approaches and views on training. Training could be seen as having narrow goal to specify the correct way to do something (Rodgers, 1986).According to (Lloyd and Leslie, 1997) training is learning way that involves knowing the skills, rules, attitude and concept to make employee’s performance better. Though training is a key issue now in this write up the author would be focusing on training for higher management in their own functional department. The author is creating a training plan to create developing and employee friendly path for the management staff which could be supervisors, managers or even vice president. Sometimes confusion arises between the words education and training. Education involves putting or imparting the knowledge whereas training is making change of behavior and attitude of someone (Ahammad, 2013). Training is actually very important for the functioning of any organizations or even government as it is by training that the workforce becomes more equipped with skills and more competitive which is
They need to build integration among HR practices and strategies of its auxiliary firms in distinctive region with a specific end goal to accomplish general organizational targets. Then again, these associations additionally guarantee a critical level of adaptability in their IHRM procedure on the grounds that representatives from distinctive nations are sponsored by diverse cultures and social qualities. Adaptability impacts the workers' execution. Due to the strengths of globalization and the associations' interest to create and implement a worldwide methodology, International Human Resource Management (IHRM) is turning into an essential to accomplishment of the organizational. The essential distinction between domestic and global human resource administration is the knowledge and obligations
While there are many various global issues that affect the International Human Resource Management to run efficiently, there are two key concepts that play a major role in understanding how to approach them with cohesive and a well coherent strategy; they are the International Human Recourse Management Strategy and Understanding the Cultural Environment. In the International Resource Management strategy, many companies will do their research in finding companies that offer the
This has highlighted a crucial issue for international companies to be aware of the cross-cultural implications in the conception, design and implementation of the various market entry strategies for the Chinese markets, especially when considering the Human Resources Management strategies since Corporate Strategy will in turn determine the Human Resource (HR) strategy to be deployed.
The rapid pace of Globalization has led to a change in the global economy during the past several decades; it is believe that factors such as trade liberalisation, access to cheaper labour and resources, similarity of consumer demand around the world, and advances in technology and communication has widened the market of consumption, investment as well as production on a global scale. These globalization driven factors created new challenges and global competition for businesses around the world thus as a response many companies decided to expand their operation across national borders in order to be competitive. A company that operates their business in at least one country other than its country is called Multinational
Globalization is changing the nature and pace of International Human Resource Management (IHRM). Now virtually anytime, anywhere a globally-based project can be initiated and within less than an hour a project team assembled, with goals defined. This is the 21rst century new normal; business models will shift and change rapidly in respond to the changing nature of globally-based opportunities and threats. One of the main catalysts of much global change is occurring as a result of the Chinese economy growing so rapidly. In order to manage a Chinese workflows however, incouding the core functions of recruitment, training, performance evaluation, and compensation from a purely monetary and cultural standpoint, cultural frameworks are needed. In defining strategies for each of these areas, the Hofstede Cultural Dimensions Model (Hofstede, McCrae, 2004).
Dennis R. B., & Randall S. S. & Lisbeth C. (2009). International Human Resource Management: Policies and Practices for Multinational Enterprises, Third Edition. Routledge, Taylor & Francis Group Ltd. ISBN 0203866967
purpose of HRM is to optimize the effectiveness of the employees and maximize the productivity of the
Human resource management plays vital role within a workplace, as they are responsible for managing all the things, which can affect negatively or positively. With the help of proper HRM, it becomes easy for the management to interact with the employees. In this paper, a case study of Alex who is a cook in the kitchen of a school and has drinking habit is used for evaluating the responsibilities of the HR towards this problem. The liabilities and obligations of employer towards Alex are discussed in the paper by considering proper health and safety legislation. Secondly, the ways in which the School Business Manager would deal with the issue of Alex is also elaborated in the paper along with some proper HRM strategies.
The environment in which business competes is rapidly becoming globalized. More and more companies are entering international markets by exporting their products overseas, building plants in other countries, and entering into alliances with foreign companies. Global competition is driving changes in organizations throughout the world. Companies are attempting to gain a competitive advantage, which can be provided by international expansion. Deciding whether to enter foreign markets and whether to develop plants or other facilities in other countries is no simple matter and many human resource issues surface. (Noe, Hollenbeck, Gerhart, and Wright; 534)
The world has been rapidly transforming due to the changes in technology, innovations, and the reduction of trade barriers into and out of countries which have permitted globalization. Due to globalization human resource management has been forced to take a more international approach, and has demonstrated that a more effective management of human resources internationally is imperative for the success of companies in international business (Shen). Therefore international organizations need to understand the roll that plays the international human resource management (IHRM) department, and the importance of adopting an effective recruiting, selecting, and training strategies
Companies at home and abroad compete, not only to become bigger and even better, but employ the best labor force available. Some companies will even take extreme measures in order to be successful, and remain competitive. Global business offers companies to seek out and find the best employees available, even if this means hiring outside of their own country. Human Resource Management (HRM) continues to become more complex, as they try to keep up with the changing laws of every countries government, as well as developing competitive salary packages and training plans for new employees’, as well as their current employees. Moreover, businesses are struggling to keep their best employees as their competitors are offering different
Economic liberalization in the world has led to the expansion of many business organizations on a global scale. This global economy has in turn increased the number of cross-cultural interactions among various multinational companies. Globalization refers to a process which deals in developing relatively standardized products with global appeals, as well as rationalizing operations throughout the world (Barto and Martin, 1998). To achieve these objectives, organizations require sending their selected representatives for overseas assignments to keep a check on the standards of their products and services abroad. Human resource experts all over the world agree that it is essential for any Multinational Company (MNC) to select, train, develop and retain employees who can work and live efficiently beyond their national boundary (Caligiuri, 2000).
60 HR Predictions for 2008 By Floyd Kemske The top 10 predictions in Workplace Flexibility, Global Business, Work and Society, Workforce Development, Definition of Jobs, and Strategic Role of HR. Workplace Flexibility Collaborative cultures will be the workplace model.
International human resource management (IHRM) is the study and application of all human resource management activities as they impact the process of managing human resources in enterprises in the global environment (Briscoe, Schuler & Tarique, 2012). This part is very important in order to make sure that all problems at global level can be solved. Our economies in the last 50 years have become more integrated than before. There are a lot of factors that contributed to the achievement such as multinational enterprise (MNE), small and medium-sized enterprises (MSEs), and non-governmental organizations (NGOs).