International Human Resource Management

International Human Resource Management

Executive Summary

The objective of this topic was to provide a detailed analysis of the concept known as International Human Resource Management and the impact of globalization on the workers having job in different organizations. There were some cases studies that required a detailed assessment regarding the application of the concept known as International Human Resource Management in different countries. The other major requirement of the topic was to higlight the role of women working in different organizations. The task was to assess the performance of women working in the organizations. The third objective was to highlight the importance of cross-cultural elements which are crucial in the International Human Resource Management. There were several issues which required the identification of several dimensions that matters a lot in the concepts related to International Human Resource Management. Therefore, these were all the aspects related to International Human Resource Management which were discussed in detail in the topic.

Table of Contents

Introduction1

Discussion2

Definition of International Human Resource Management2

The application of the concept International Human Resource Management2

Importance of IHRM in a global perspective10

Women in organizations12

Cross-culture Context18

Conclusion23

References25

International Human Resource Management

Introduction

Staffing global organizations in the 21st Century necessitates a comprehensive understanding of the allocation of human resources in the strategic decision-making process in management teams. Organizations, however, appear to be struggling relative to identifying and hiring qualified global managers who have the ability to address the expanding competitive needs and to develop cooperative working relationships with personnel from a multitude of culturally distant environments. As the inevitable progression of globalization continues to dictate the speed within the global marketplace, the resulting levels of confidence relative to the utilization of overseas staffing approaches that result in strategic decision-making capabilities suffer due to an apparent lack of insight created from a diverse set of perspectives. Capitalizing on the benefits derived from a global perspective or mindset would require the emergence of an extension of the existing International Human Resource Management (IHRM) paradigm. Therefore, all the issues related to International Human Resource Management will be discussed in detail.

Discussion

Definition of International Human Resource Management

Managing international human resources is much more complex than in the home area. Managers have to analyze various aspects such as the remuneration, recruitment, selection and hiring local labor or whether to use expatriates. The labor Code of the place where a person establishes the new subsidiary of the company. International Human resource management (HRM) refers to activities that an organization uses its workforce effectively. These activities are the determination of human resources strategy of the company, hiring, performance evaluation, management development, compensation and labor relations. The strategic role of human resource management is complex in itself a national company, but even more in an international company, where the activities of recruitment, management development, performance evaluation and compensation are complicated by the deep differences in labor markets, culture, legal systems and economic systems, among others. For example, compensation practices vary from country to country according to their customs administration, labor laws ...