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Lecture International business (9e): Chapter 19 - Charles W.L. Hill - Trường Đại học Công nghiệp Thực phẩm Tp. Hồ Chí Minh

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The polycentric approach recruit host country nationals to manage subsidiaries in their own. country, and parent country nationals for positions at headquarters[r]

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International Business

9e 

By Charles W.L Hill

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Chapter 19

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19­3

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

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What Is The Strategic Role Of  HRM In International Firms?

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19­5

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

1 The ethnocentric approach - fill key management positions with parent-country nationals

2 The polycentric approach recruit host country nationals to manage subsidiaries in their own

country, and parent country nationals for positions at headquarters

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Which Staffing  Policy Is Best?

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19­7

What Is Expatriate Failure?

 Firms using an ethnocentric or geocentric

staffing strategy will have expatriate managers

expatriate failure is the premature return of an

expatriate manager to the home country

 The main reasons for Japanese expatriate

failure are

the inability to cope with larger overseas responsibility difficulties with the new environment

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