International Human Resource Selection

International Human Resource Selection

INTRODUCTION

Gamescorp is a public limited company, which has grown rapidly in the last 12 years. Gamescorp is a United Kingdom based chain of computer software stores that deals in variety of discounted games and products related to software technology. Company currently annual growth is 3.4%, and annual revenue of 994 Euros. Gamescorp is progressing very fast in UK region and is now planning to open new stores globally. Company board has identified various markets, in which they can enter, however Japan market is found exceptionally attractive because of high revenues and market growth. Company board has taken its decision in July 2012 to enter in Japan software market, for which company is now planning to take various steps to make this possible. Starting from recruitment and selection of human resource manager for Asian pacific region, organizing and delivering training to new store managers and availability of merchandise 24/7.

LITERATURE REVIEW

Software Market

According to research conducted by Market line, the world software market exceeds $ 265 billion in 2011 and this market growth is expected to increase up to 6% yearly between 2001 and 2016 (Pasi.T 2012). This growth will make global software market exceeds up to almost $ 357 billion. The software market is very much globalized and more expansion is going in developing countries. Revenue recognition is a major challenge that is face by every company present globally. When we look United Kingdom's software industry, there are many important findings that we need to look upon, According to various researches conducted in United Kingdom, regarding software industry; it has found that from last two years, the United Kingdom software market decreased to an unpredictable downturn. However at the starting of 2012, software industry has started to gain back its position and growth. UK software industry is a market of about 8 billion Euros, and now in 2012 it has exceeds its benchmark of 8.5 billion Euros and now up to November current market status is about 8.76 billion Euros (Bray, 2012).

Recent studies show how the software market has grown in last 5 years and also how market is expected to grow in near has been describe through the following chart.

As we see, that during 2008 and 2009 there is a vast decline in software industry due to problems in economy and overall down fall of some major companies working in this industry (Arora, 2012).

International Human Resource Recruitment/ Expatriate Selection

At present, there are numerous researches that have deepened the field of business management and the academic community has not been a particularly good source of solutions to the problems of international human resource management. Globalization has led to international trade grow at a faster rate than a normal production due to increased circulation of foreign direct investment and increased international agreements between companies (Melville, 2006). This has led to greater competitiveness in organizations so that they need to strengthen their presence, participation and relative position in the markets by leveraging their global workforce, so as ...