Chapter 19 - Global human resource management. In this chapter, students will be able to understand: Summarize the strategic role of human resource management in the international business, identify the pros and cons of different approaches to staffing policy in the international business, explain why managers may fail to thrive in foreign postings, recognize how management development and training programs can increase the value of human capital in the international business firm. | International Business 9e By Charles . Hill McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 19 Global Human Resource Management McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. What Is Human Resource Management? Human resource management (HRM) - the activities an organization carries out to utilize its human resources effectively more complex in an international business These activities include determining human resource strategy, staffing, performance evaluation, management development, compensation, labor relations expatriate managers Firms need to ensure there is a fit between their human resources practices and strategy LO1: Summarize the strategic role of human resource management in the international business. What Is The Strategic Role Of HRM In International Firms? The Role of Human Resources in Shaping Organizational Architecture LO1: Summarize the strategic role of human resource management in the international business. What Is A Staffing Policy? Staffing policy - the selection of employees who have the skills required to perform a particular job Three main approaches to staffing policy The ethnocentric approach - fill key management positions with parent-country nationals The polycentric approach recruit host country nationals to manage subsidiaries in their own country, and parent country nationals for positions at headquarters The geocentric approach seek the best people, regardless of nationality for key jobs LO2: Identify the pros and cons of different approaches to staffing policy in the international business. Which Staffing Policy Is Best? Comparison of Staffing Approaches LO2: Identify the pros and cons of different approaches to staffing policy in the international business. What Is Expatriate Failure? Firms using an ethnocentric or geocentric staffing strategy will have expatriate managers expatriate failure is the premature return of an . | International Business 9e By Charles . Hill McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 19 Global Human Resource Management McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. What Is Human Resource Management? Human resource management (HRM) - the activities an organization carries out to utilize its human resources effectively more complex in an international business These activities include determining human resource strategy, staffing, performance evaluation, management development, compensation, labor relations expatriate managers Firms need to ensure there is a fit between their human resources practices and strategy LO1: Summarize the strategic role of human resource management in the international business. What Is The Strategic Role Of HRM In International Firms? The Role of Human Resources in Shaping Organizational Architecture LO1: Summarize the strategic role of human .
