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Introduction
Flat Globe- Govt liberalization, FDI invitation across many countries in many sectors Difficulty to survive in global competition. Need to compete in the global playing field To understand how to compete globally with global competitive advantage. A Major portion on these firm being its own employees, the HR and HRM in the international sense has become a necessity
A Firm said to have a global competitive advantage means having a effective HRM in the international context and quality HRM in the international sense An organizations HRM refers to all those activities that the firms HR does to effectively utilize its HR. These activities include
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Defining HRM
human resource planning staffing (recruitment, selections, placement) performance management training and development compensation (remuneration) and benefits industrial relations
(c) 2009 by Nelson Education Limited.
The purpose of IHRM is to enable the firm to be globally successful at a global level.
Morgons Word
According to P.V. Morgan: IHRM is the interplay between 1) All HR activities that are done 2)The country /national categories involved (eg. various host countries where subsidiary are located) 3)3 categories of employees of an international firm(host country, parent country and third country) Inter-relation among 3 dimensions: HR Activities Types of employees Types of Countries of operations
Nature of IHRM
HR ACTIVTIES
STAFFING COMPENSTATION DEVELOPMENT
TYPES OF NATIONALS PARENT HOST THIRD TYPES OF COUNTRY PARENT HOST THIRD COUNTRY COUNTRY COUNTRY
Expatriates
Any International Assignments Create Expatriates. Who/What are Expatriates? An employee who is working and temporarily residing in a foreign country .some refer them as international assignees. They are PCNs transferred from parent country operations HCNs transferred into parent country operations TCNs transferred from other subsidiaries.
Expatriates
5. Risk exposure:
1. 2. 3. 4. 5. expatriate failure direct costs indirect costs militant activities emergency evacuation
Variable of IHRM
CULTURE TYPES OF INDUSTRY EXTENT OF DEPENDENCY OR RELIANCE OF THE SUBSIDIARIES SENIOR MANAGEMENT ATTITUDE COMPLEXITY OF MANAGEMENT OF PERSONAL
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New Terms
HRM IHRM NAFTA UNCTAD
expatriate inpatriate
(c) 2009 by Nelson Education Limited.
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