APA RESEARCH PAPER

APA Research Paper

Abstract

This research paper identifies the main global business issues in the chosen area of cross-cultural Human Resource Management, using some specific business as examples;. It utilizes the core concepts of international business in this regard and comprehensively addresses the issues providing recommendations for future course of action. It also provides personal application for improving the future prospects and performance of a global business manager.

Contents

Global Business Issues in Cross Cultural Human Resource Management4

Recruitment and Selection4

Communication6

Need for Cross Cultural Management6

Globalization versus Cultural Identity7

Western Influences on Eastern Culture7

Globalization Proliferates Culture8

Prospects of a Global Business Manager9

Reference11

Global Business Issues in Cross Cultural Human Resource Management

Human capital is any company's most valuable and expensive asset that can either make a company's future or break it. This human resource has to be effectively managed, executed and controlled in order to create sustainable businesses. The management of human resource focuses on the recruitment and selection of employees that are not only high profiled but also prove to be quality human resource in the future. Also the focus lies in training the employees to reasonable extents so that the company can prosper and attain substantial return on the investment made through coaching and training these employees.

Recruitment and Selection

This is a challenging task especially in the context of global business organizations. One of the major concerns of the company is to find employees, retain them and establish a qualified global workforce. Successful companies thus endeavor to seek ways of hiring those candidates that can outperform in the market place with little support from the management. The global world now demands more specific and well structured job descriptions and models of competency that can aid the employees without formal training of the management and prepare them for competitive working environments. The selection of the right person for the right job is also crucial to the success of a global company which also has to keep the cultural difference in mind. Assimilating employees with different backgrounds have been a latest issue for global businesses. While the companies have to create a positive impression in multiple markets at the same time, it also has the burden to create effective assimilation processes so that employees stay within the organizations for long time periods. This is especially important in relationship cultures because it helps the new employees feel welcomed into groups and they familiarize themselves with the company culture more easily.

Organizational culture is particularly related with human resource management as culture is defined through people and people form the organization and govern its activities. It is therefore meaningful and a correct practice to study human resource management from the cross cultural perspective. The global village is composed of many different cultures; each has its own requirements. While this cultural diversity pose different issues for a multinational company, it is essential that the company takes a unified strategic position. The company needs to organize its employees and form coherence between them, so that the company on the whole becomes sustainable ...