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Importance of managers in an organization
Effective management of natural resources
HR in a global environment
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Introduction
As an organization that is intent on expansion, having a facility in the Scandinavian territory is an important step in our continued growth. Hiring a new manager for the facility provides opportunities to develop new and exciting strategies within the company. The continued globalization of the organization provides a deeper cultural connection to the new territory. "Globalization has contributed to the spread of mutual cultural understanding and tolerance." (Okpara, 2008. p 30.)
Global enterprises face the challenge of managing and developing human resources in the global setting. International or global resource management is about the world-wide management of individuals, not simply managing expatriates. (Moti, 2011) This paper will discuss key skills and qualifications that are deemed necessary for an overseas assignment for an individual in a management position. I will also identify some challenges that can arise with the appointment of a new manager in an international location. The Denmark Government has instituted policies to attract foreign investors and is intent on being “the gateway to Scandinavia” (Walden, 2001) For the purposes of this paper it should be assumed that the location of the facility is located in Denmark.
Key Skills and Qualifications
In the discussion of essential skills and qualifications of an overseas assignment the main topics that these encompass are cultural intelligence and expatriate adjustment. According to Bohlander and Snell (2012), When making a selection for an international assignment there are many factors to consider. This includes the amount of contact the individual will have with the local government and citizens as well as how much the foreign location dif...
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Trade unions / Denmark / countries / national industrial relations / home - WORKER PARTICIPATION.eu (2013). Retrieved January 3, 2014, from http://www.worker-participation.eu/National-Industrial-Relations/Countries/Denmark/Trade-Unions
Vance, C. M., & Paik, Y. (2006). Managing a global workforce : Challenges and opportunities in international human resources management. Armonk, NY, USA: M.E. Sharpe, Inc. Retrieved January 4, 2014, from http://site.ebrary.com/lib/ncent/docDetail.action?docID=10178050
Walden Publishing Ltd. (2001). Denmark business intelligence report (2001/July). (). Cambridge, GBR: World of Information. January 4, 2014, from http://site.ebrary.com/lib/ncent/docDetail.action?docID=5006626&p00=scandinavia%20government
WTO | what is the WTO? - what we do Retrieved January 6, 2014, from http://www.wto.org/english/thewto_e/whatis_e/what_we_do_e.htm
Noe, Raymond A., et al. Human Resource Management: Gaining a Competitive Advantage. 7th ed. New York: McGraw-Hill/Irwin, 2010. Print.
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:
For many global organizations, or organizations that produce or sell goods or services in more than one country, a difficult question is how to develop and place managers in foreign operations. Some people believe organizations should let foreign managers run foreign subsidiaries because of the large differences among national cultures while others believe that domestic managers should be trained to run foreign subsidiaries because of loyalty issues.
This paper is about leading people through a management system called Human Resource (HR), that does more than payroll, design training, and avoiding lawsuits. It provides essential components that will ensure that human talent is used effectively and efficiently to accomplish organizational goals. It is a case study of the Rio Tinto company 's Human Resources global approach after a significant downsizing in 2008.
What are the HR Strategies that management must undertake and support to create a successful global presence to insure the success of an organization in meeting its goals and mission?
International businesses are also finding new ways of increasing diversity abroad. Instead of using expatriate employees as management, they are starting to hire locals. Companies that operate abroad are realizing that using expatriate employees is not a permanent solution. They are often expensive, and are not capable of translating their skills into the new environment. In a company that operates globally, it is important that the company knows how to relate to the local markets, and a great way to do this is by hiring local talent. Hiring locally is cheaper, there is not a language barrier, and they are accustomed to the business environment in the area(5). They can also help the business by providing a new perspective into international markets, and offer ways that the company can improve their diversity abroa...
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.
In the past few decades, the world has experienced heightened globalisation. During this period, organisations have prioritised setting up leaders capable of dealing with the ever-increasing involvedness of running their global operations. Overseeing global talent along with career paths is consequently a decisive challenge in lots of multinational organisations. Individuals as well as organisations perceive International assignments as a constructive way of developing global occupational competencies (Brewster & Suutari, 2005).
An organizational human resources department utilizes the hiring and firing process to meet the organization’s personnel needs. Organizational human resource departments are charged with the oversight of an organizations administration department. The practice of hiring and firing people is a process employer’s conducts on a daily basis. This process has to be done in a proper manner and not in haste. The implication that can occur from the improper hiring and firing process could and can have a positive or negative impact on an organization. Therefore, employers must carefully evaluate their decision to hire/fire individuals and its impact on the organizations’ workplace environment and others employees. Human Resource Management is important for an effective organization. In today’s organization, HRM is valuable to the organization because of increase legal complexities and its known for improvement in productivity. However, management should realize that poor human resource management could result in an outburst of hiring process followed by firing or layoffs. According to (Satterlee 2013, p. 194), “Hiring the best candidate who is also a good fit for the organization is crucial for the success of an organization, because a poor hiring decision will have repercussions across the entire organization”. Satterlee made a valid point because poor hiring could have an impact on the bottom line performance of the firm. In other words, HRM is the contributing factor to the success of the organization including motivating and maintain the staffs. The purpose to the motivation is to ensure that all employees grow to a full potential. According to (Sims 2006, p. 5), “HRM efforts are planned, systematic approaches to increasing organizati...
With the proliferation of the internet international Business transactions are more common today than ever. Globalization is now a key factor when creating a business strategy for most companies whether they are small family own businesses or huge corporations. Globalization however does not just involve selling a product in other countries. There are legal and cultural concerns that must be addressed. The legal aspects are fairly simple because in most places the laws are spelled out. It's the local customs, and regional way of doing things that can be tricky. Research on globalization has shown that it is not an omnipotent, unidirectional force leveling everything in its path. Because a global culture does not exist, any search for it would be futile. It is more fruitful to instead focus on particular aspects of life that are indeed affected by the globalizing process. (1). In this new economy, as it has been in the past, it will be the people not the machines who will determine a company's success. Having an effective Human Resource Management team that effectively analyze your company's current and future personnel needs is key in any business organization.
“It has become a truism to state that we now live in a global economy and participate in a global marketplace. As transportation and telecommunication systems improve, our world becomes ever more connected in economic, political, organizational, and personal terms”. (Miller, 2015) Due to the globalization of our economy the need for employees who know how a business operates to move resources such as management talent to an emerging market has increased. When an employee accepts an assignment outside of their country of origin they are referred to as an “Expatriate”. Expatriate assignments can be challenging to the employee, family, co-workers and management.
Human resource is the most valuable and unique asset of an organization. The successful management of an organization’s human resource is an exciting, dynamic and challenging task , especially at a time when the world has become a global village and economies are in a state of flux. The lack of talented resource and the growing expectation of the modern day employee has further increased the difficulty of the human resource function.
Lewis, Clive (2007) Human resource management international digest. Bradford: 2007. Vol 15, Iss.4: pg. 3.
The progression of globalizing resources, both human and otherwise, can be a task for any company. Organizations need to realize that their global HRM function can help them develop their present skills thru numerous geographic and cultural limitations. Global organizations need to contribute and integrate their HRM affairs to contend with the trials they encounter if they want to build a truly global workforce.