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International HR Strategies

International HR Strategies

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Published by mandar

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Published by: mandar on Sep 15, 2009
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12/07/2014

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INTERNATIONAL HR
STRATEGIES

CONTENTS

CONTENTS

SR.
NO

TOPICS

PAGE NO.

1.

INTERNATIONAL HRM

1

2.

FACTORS AFFECTING GLOBAL HRM

9

3.

HR MANAGEMENT CHALLENGES

20

4.

ETHICAL ISSUES

28

5.

INTERNATIONAL HR STRATEGIES USED

34

1.INTERNATIONAL HRM

Global Human Resource Management is a process concerned broadly with recruiting of persons,
training them and putting them to the most productive usage. It is also concerned with
maintaining of congenial international industrial relations. It is the essential prerequisite for the
success of the international firm owning to its complexities.

Broadly defined, international human resource management (IHRM) is the process of procuring,
allocating, and effectively utilizing human resources in a multinational corporation. If the MNC
is simply exporting its products, with only a few small offices in foreign locations, then the task
of the international HR manager is relatively simple. However, in global firms human resource
managers must achieve two somewhat conflicting strategic objectives. First, they must integrate
human resource policies and practices across a number of subsidiaries in different countries so
that overall corporate objectives can be achieved. At the same time, the approach to HRM must
be sufficiently flexible to allow for significant differences in the type of HR policies and
practices that are most effective in different business and cultural settings.

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