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Week 1: Introduction to HRM & Global Workforce (The integration…
Week 1: Introduction to HRM & Global Workforce
MNC
Multi-National Corporation
Enterprise that carries out transactions in or between two or more countries.
Comparative HRM
Universalistic approach
Comparative Approach
Convergence (Best Practice)
Divergence (Best Fit)
The integration
Global
Ethnocentric
International
Regiocentric
Transnational
Geocentric
Multidomestic
Polycentric
MNC's & Management of labour
Ethnocentric
Parent Country Nationals in key positions
Highly Centralised
Global
Standardise and Control Subsidiaries
Polycentric
Host Country Nationals in key roles
Host Countries only
Decentralised
Mulidoestic
Regiocentric
Choice
Ethnocentric
Polycentric within region
Geocentric
Based on merit
Integrated
Transnational
Mobility Pyramid
Glopats
Frequently on the move tackling short- or medium- term assignments
Globals
Move around the world on medium-term assignment
Regionals
Accept short-, medium-, and long-term assignments within a geographic region and/or at a regional headquarters.
Mobile local nationals
Functioal experts and general managers prepared for cross-border task-force memberships, short0-term projects and training assignments abroad.