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picture1_Strategic Management Ppt 78487 | Chapter 3


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File: Strategic Management Ppt 78487 | Chapter 3
introduction hrm is more complex in an international business because of differences between countries in labor markets culture legal systems economic systems and so on hrm must also determine when ...

icon picture PPT Filetype Power Point PPT | Posted on 05 Sep 2022 | 3 years ago
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         Introduction
 • HRM is more complex in an international business 
  because of differences between countries in labor 
  markets, culture, legal systems, economic systems, 
  and so on.
 • HRM must also determine when to use expatriate 
  managers (citizens of one country working 
  abroad), 
 • Who should be sent on foreign assignments, how 
  they should be compensated, how they should be 
  trained, and how they should be reoriented when 
  they return home. 
             Human Resource Management
   What is Human Resource Management (HRM)?
    Human Resource Management includes all activities used 
   to attract & retain employees and to ensure they perform 
   at a high level in meeting organizational goals.
   These activities include:
          1. Staffing (recruitment, selection).
          2. Training and development.
          3. Performance appraisal.
          4. Compensation.
          5. labor relations.
                                                                           3
          Human Resource Management activities
                                   Acquisition
            Fairness                                         Training
                                     Human 
                                    Resource 
        Health and                Management
          Safety                     (HRM)                     Appraisal
                 Labor Relations                 Compensating
                                                                           4
    The Strategic Role of International HRM
  Firms need to ensure there is a fit between 
   their human resources practices and strategy.
  In order to carry out a strategy effectively, 
   employees need the right training, 
   an appropriate compensation package, and 
   a good performance appraisal system.
       Global Staffing Issues
  • Selecting candidates for overseas assignment.
  • Cultural and language orientation and training.
  • Compensation processing.
  • Tax administration.
  • Career planning and development.
  • Handling of spouse and dependent matters.
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...Introduction hrm is more complex in an international business because of differences between countries labor markets culture legal systems economic and so on must also determine when to use expatriate managers citizens one country working abroad who should be sent foreign assignments how they compensated trained reoriented return home human resource management what includes all activities used attract retain employees ensure perform at a high level meeting organizational goals these include staffing recruitment selection training development performance appraisal compensation relations acquisition fairness health safety compensating the strategic role firms need there fit their resources practices strategy order carry out effectively right appropriate package good system global issues selecting candidates for overseas assignment cultural language orientation processing tax administration career planning handling spouse dependent matters...

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