Human Resource Management Essay Example | Topics and Well Written Essays - 2000 words - 5

Human Resource Management - Essay Example First of all, an international human resource management system ensures that positions are filled by appropriately qualified persons if there are no local nationals available. Secondly, it enables management development across borders. Thirdly, human resource management in multinational companies allow the building of linkages between the parent company and the international subsidiaries. This paper examines the critical factors that shape managers' choice in transferring the parent company's human rights management (HRM) to overseas subsidiaries. It identifies the influential forces that shape such choices and illustrates them with practical examples. To this end, the paper tries to fulfil the following objectives: 1. Identification of business strategy and structure that affects the choice of HRM systems for foreign branches of a business. 2. Analysis of external factors that affect a business' choice of human resource management transfer systems for an international business in it s overseas operations 3. Examination of implementation issues that affect the type of choices that HR managers of parent companies can make about the transfer of human resource management systems to overseas branches. Business Strategy & Structure & International Human Resource Management Choices Every MNC has to draw a balance between globalisation and localisation. Meier (2009) calls it a balance between standardisation and customisation. In other words, a business will have to either prescribe a set of uniform standards for all the international branches or allow international branches to develop their own local standards. In real life, a UK business that has international subsidiaries will have to decide whether the subsidiaries around the world will operate according to standards in the UK or create their own systems and methods. In the case of PriceWaterHouse Coopers, there is an international application of standards that exist in the UK head office. This is a globalised enti ty. On the other hand, KPMG exists as a group of independent accounting firm. Each national branch operates independent of the Swiss headquarters. According to Meier, the way this discourse exists in relation to human resource management transfer can best be examined on three fundamental levels. The strategy of a business in relation to whether it wants to go according to globalisation or localisation determines the policies of the business (Tempel, 2001 p115). In other words, the strategy determined by the top-level management set the tone for functional managers of strategic business units to come up with a policy. The policies determine the practice in the department. Thus, for the Human Resource department, the main determinant of the transfer of practices is the overall strategy of the business. The strategy determines the HRM activities of the business. This goes a long way to influence the transfer and other practices related to the overall tone of human resource management a nd its transfer. Strategy refers to the overall plans for a business determined by top level management with a view of guiding a company between the medium and long term (Cook, 2008 p76). Strategy is a critical element that affects the Human Resource Manager's choice of transferring company Human Resource Management to overseas management because it sets the framework between which the HR Manager operates. As such, the manager needs to remain within the scope of the

Globalization Essay Example | Topics and Well Written Essays - 1500 words - 6

Globalization - Essay Example We are exposed to technology now a day. For every work we have to use technology of certain kind. Technology is everywhere we see; from television to nuclear weapons we see the use of technology. Technology has made this easier for everyone to communicate with each other from different countries. People can see each other, talk to each other, even they live far away from each other. This has only become possible because of electronics. We have to use technology in every walk of life because we are totally dependent on technology as this present era is said to be an age of technology. No work can be done without technology now. We use pen for writing our stuff and now we use laptops for this purpose. Use of technology is the same for both but because of advancement in technology, means of using them differs. But technology remains there every time to facilitate us. We cannot survive without technology in this modern world. If we face any health issues we have hospitals and surgical in struments are there to tackle with operations and surgery work. If we feel unsafe we use weapons and safety instruments for our safety. Globalization brings different nations of the world closer and help them to join hands in terms of economy , society , education and politics. Globalization minimizes the distances among nations and increases their communication level. Globalization and use of technology enables people to communicate with one another for the sake for nation development and this is the biggest achievement by the use of technology that all nations are together and in touch with each other. Having different culture different language doesn’t matter now. Technology has removed all those differences. One culture of a country can be easily mixed up with another country. Globalization amalgamates integration as well as interaction. Globalization is now linked with technologies in every aspect of human civilization through making countries build new policies that wou ld help them to open economies internationally as well as domestically. Free market economies systems is developed and that provides the path for mounting potential for industries and economies and provides the platform for investments and international trade. In this way, technology has played an important role to serve as an opportunity for marketing, production, foreign markets and trades. Technology has an important role in business marketing. E.g. Advertising is basically is the way of communication and negotiating with people whom you think as your potential consumers for the company.. And this has all become possible because of digital-advertising. That’s technology itself. Advertisements and digital promotions contribute a lot to sales volume of the company and as this world is exposed to technology so this is the need of hour to adopt digital ways for promotions to have boom in their sales. So technology plays an essential role in business sector to flourish and grow . As this world is turning into electronic-world and use of internet and its awareness is increasing day-by-day so organizations should go with the flow. Organizations advertise electronically, non-electronically, and promote their products through internet because technology is the major key to increase sales and target the selected market for generating revenue. Firms and individuals have already realized the importance of electronic gadgets and advancement in technology. Globalization is affecting this world in