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Culture impact globalization has on HR
Cross cultural management and human resource management
Different HRM practices in China and Americabriefly
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Introduction
In the face of ever-increasing globalization, both China and Taiwan
have now joined the World Trade Organisation (WTO); a more open market
economy and closer integration with the global economic order appears
to be inevitable for both countries (Magarinos et al. 2002). Human
Resource Management (HRM) is one of the critical tools for improving
productivity and competitiveness at the grass-roots level (Poole
1997). This Essays aims to identify and compare the current HRM
systems and practices at different types of enterprises in both China
and Taiwan respectively (Zhu and Warner 2000), to evaluate their
performance in this domain, as well as to illustrate the implications
of the inter-relationship between social norms/ environment and the
transformation of HRM in both economies.
The outcome of this comparison may be meaningful in terms of
understanding the theoretical arguments about the trend of HRM
development towards a ‘convergent’ or ‘divergent’ model within the
global production and economic systems of our time (Warner 2002) or
possibly a hybrid ‘cross-vergent’ phenomenon where national cultural
systems are blended with broader economic ideologies .
HR practices and employment relations philosophies of China
HRM is a term used to describe a wide range of activities involved in
attracting, developing, motivating, and retaining the best and most
capable people to perform within an organization. Western HRM places
importance not only on systematic recruitment but also on selection,
training, and development procedures, empha...
... middle of paper ...
...cmillan and New York: St Martin’s Press.
12. Warner, M. 1997, Management- Labour Relations in the New Chinese
Economy, Human Resource Management Journal, Vol. 37, No. 4, pp. 30-43.
13. Warner, M. 2002, Globalisation, Labour Markets and Human Resources,
International Journal of Human Resource Management, Vol. 13, No. 3,
pp. 1-15.
14. Zhu, Y., Chen, I. and Warner, M. 2000, HRM in Taiwan: An Empirical
Case Study, Human Resource Management Journal, Vol. 10, No. 4, pp.
32-44.
15. Zhu, Y. and Warner, M. 2000, An Emerging Model of Employment
Relations in China: A Divergent Path from the Japanese, International
Business Review, Vol. 9, No. 3, pp. 345-61.
16. Zhu, Y. and Warner, M. 2001, Taiwanese Business Strategies
vis-à-vis the Asian Financial Crisis, Asia Pacific Business Review,
Vol. 7, No. 3, pp. 139-56.
Ulrich, D., Younger, J., and Brockbank, W. 2008. “The twenty-first century HR organization.” Human Resource Management, 47, pp.829-850.
While there are many various global issues that affect the International Human Resource Management to run efficiently, there are two key concepts that play a major role in understanding how to approach them with cohesive and a well coherent strategy; they are the International Human Recourse Management Strategy and Understanding the Cultural Environment. In the International Resource Management strategy, many companies will do their research in finding companies that offer the following:
As a new wealth for the organization, the businesses are noticing that the talent is the treasure of the company. In twenty-first century, organizations are facing the challenges of human capital that are also called “war for talent”(Ashton, and Morton, L. 2005; McKinsey, 1990). As a valuable treasure, talents whom can improve business performance and create contributions to the business become the centre of attention especially under the talent shortage environment. Cappelli (2008) notices that the rising star is worth to fight. Outstanding talent is crucial for business to achieve the competitive advantages (Iles et al., 2010). For a successful company, talented people play a center role. Thus, talent management becomes increasingly important for businesses to successes.
International Business Review, 2000, Vol.9 (3), pp.345-361. [03 April 2014] 37. Zhu, Y. & Warner, M. (2004). “Changing patterns of human resource management in contemporary China: WTO accession and enterprise responses”. Industrial Relations Journal, 2004, Vol.35 (4), pp.311-328.
Globalization of human capital is where, human resources are sook after by companies from all over the world. Due to the increased demand for skills at a lower cost, companies will tend to look for employees to work in their premises from all over the world (Webforum, 2015). In this regard, since companies are extending their operations the entire world over, human capital globalization is inevitable since they will need to work with people from these countries for them to successfully exploit global markets.
Human Resource Management is different in different countries. In some countries it is according to what the employees want and in some places it is based on what the government or the company wants. Different cultures have different ideologies. This report will compare the Human resource management in two very similar but different countries of Asia (China and Japan)
Willy McCourt & Derek Elridge (2003), Global Human Resource Management, pp 311 - 315. Edward Elgar publishing.
In this paper we have chosen to explore Procter and Gamble (P&G), a multinational corporation which has lead the way in creating one of the best human resource management systems to date. By using P&G, we are seeking to provide an example of how current multinational companies make decisions to manage their human resources (HR) activities, in search of effective management of their HR costs and in search of professional HR management.
The strategy and HR policies impact the business results company. If companies want that influence to be positive, personal strategy should be designed and implemented taking into account the nine key efficacy variables, namely: consistency with the external environment; and the internal characteristics of the firm; and with business strategy; Internal consistency of the HR policies with each other; management suitable for implantation; strategic role of the HR department; professional skills of the function; monitoring, adaptation and continuous improvement personnel system. This paper focuses on providing a critical examination of effective HR practices in organisation.
Considering the flow of people from one place to another has been greatly impacted by globalization and technological advances, it is justified to insinuate that HRM is headed towards uncharted waters that are likely to present issues such as diversity, inclusivity, among many others that impact on employee satisfaction. The Four Seasons is a great example of an organization that has captures the spirit of globalization to reinforce its brand so as to attract and retain the right talent. This talent is acquired through a series of interviews that are mainly aimed at assessing the behavior of the interviewee. To ensure selected employees are retained, the Four Seasons employs the principle of equal opportunity for all in managing workplace diversity and to realize maximum productivity. This is further reinforced by a simplified decision-making process that emphasizes the organizations cost-benefit advantage over its competitors globally. In this regard, it is clear that HRM in the case of the Four Seasons plays an integral part in the strategic planning of the company’s businesses that enables all its facets to move in harmony towards a clear and well-defined
It is true to say that globalisation is a two-way street. As international business and trade continue to grow, models of organisations and approaches to management are beginning to merge; nevertheless it remains imperative for firms to understand and govern across the myriad of cultural differences which still exist. These differences seem most apparent in China, where managerial values are deeply rooted in archaic and powerful culture. Some authors argue that even with a certain degree of convergence between Chinese and Western cultures, such convergence does have its restrictions.
An organization’s success starts with its people working in it and without them organizations would not exist. All organizations adopt different strategies to compete in the global market through the people. In the present diversity of human resources management, business firms accept the policies and practices according to the culture and environment. The globalization, environmental and moral challenges, and political and economic uncertainties are other issues which also tackled by today business firms. Organizations totally depend on the human resources to face the challenges of industrialization and globalization of business.
Human Resource Management (HRM) can be defined as “the set of programs, functions, and activities designed and performed in order to capitalize on both employee as well as organizational effectiveness. It is a management function that helps organization in recruiting, selecting, and training, developing and managing
Human Resource Management (HRM) is fundamentally another name for personnel management. It is the process of making sure the employees are as creative as they can be. HRM is a way of grouping the range of activities associated with managing people that are variously categorised under employee relations, industrial/labour relations, personnel management and organisational behaviour. Many academic departments where research and teaching in all these areas take place have adopted the title department of human resources management. HRM is a coordinated approach to managing people that seeks to integrate the various personnel activates so that they are compatible with each other. Therefore the key areas of employee resourcing, employee development, employee reward and employee involvement are considered to be interrelated. Policy-making and procedures in one of these areas will have an impact on other areas, therefore human resources management is an approach that takes a holistic view and considers how various areas can be integrated.
Society is changing. The need for competitive advantage has become paramount for organizations to stay profitable in today’s economy. Gone are the days when providing a quality product or service at a reasonable price, was enough to be profitable. Maintaining the status quo will not allow the survival of these businesses. Globalization is gaining strength and momentum; increasing the need and pressure for cost efficiencies. Many organizations are re-evaluating their labor processes to find new cost savings and efficiencies. Estimates are that 47% of all current jobs will be replaced with automation (Giang, 2015).