HRM Issues in Global Business Expansion
Introduction to Human Resource Management
In the last several decades, human resource management (HRM) has evolved into a major component of modern business organizations (George & Jones, 2008). In principle, HRM functions have always been part of professional business management; however, it became a distinct professional field with dedicated specialists only since the latter part of the 20th century. Generally, HRM consists of all of the processes and functions that relate to personnel management, from the entire cycle in between recruitment and retirement or alternative ends of careers such as voluntary departure and involuntary termination. More specifically, HRM departments typically handle the hiring process, new-employee orientation and training, the resolution of personnel issues and conflicts, benefits administration, employee performance review, and post-employment debriefing processes (George & Jones, 2008).
Contemporary Human Resource Management in the Age of Globalization
In the age of globalization, HRM departments must address myriad potential issues that ordinarily do not arise within strictly domestic business operations (Robbins & Judge, 2009). For example, business organizations intending to expand into other sovereign nations must comply with applicable laws and public policies that may differ substantially from those that apply in the domestic business environment. More generally, social norms, values, expectations,...
Computerization of production in recent years has become quite common, and there are now four versions of the application of computer technology in the production of computer-aided design (CAD) involves the use of computers to design parts and products, which increases efficiency, because it exempt the creation of prototypes. Computer-aided manufacturing (CAM) involves the use of computers for planning and controlling the production process. It is useful if the product
Inventory Management Strategy. In his book, Streetwise Project Management, Dobson (2003) advocates the use of a just-in-time inventory management strategy to keep inventories low and manufacturing process more productive. This approach, though, will require close coordination with a Brazilian supplier, warehousing operations, planners and forecasters, and transportation directors throughout the inventory management process. In this regard, Epps (1995) advises, that such an approach requires the efficient transportation of materials from
Human Resources Management (HRM) Strategy at Nestle S.A. Introduction to Human Resource Management (HRM) The process of human resource planning is essential for organizations of any size and scope, but the number of employees working for the organization ranks among the most influential factors in guiding the construction of human resource policies. In order to more efficiently achieve strategic objectives, complex organizations require a perfectly calibrated blend of human capital to facilitate
Strategic HRM Analysis Human resources management has been undergoing a shift for the past several decades that is meant to instill a system that is more consistent with the departments actual role in the business. "Strategic HRM began to emerge approximately twenty-five years ago, and since then it has evolved to include several streams of theory and empirical investigations" (Schuler & Jackson, 2005). These theoretical variants have all proposed that HRM
Human Resource Management in International Business Impact of Cultural Differences, Socioeconomic or Political Factors on international HRM Challenges to HRM posed by growth in International Business By looking at the changing trends of the world of commerce in recent times, one can significantly notice the fact that this business community is becoming more and more competitive. This clearly signifies the truth that the elevating competition within the community has given rise to international
political scenario illustrated that governments all over the globe are making their immigration rules more stringent because of the rise in terrorism; the implication of this phenomenon is a decrease in international traveling, which endangers continuance of a number of airlines, including Nigeria's Arik Air (Eze, 2010). Hofstede's power distance dimension denotes the degree to which unequal distribution of power is anticipated and accepted by the lower ranking members
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