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Morgan s IHRM

Human Resource Activities

Procure

Allocate

Utilize

Other

Host Country Nationals (HCNs) ParentParent-Country Nationals (PCNs) Third Country Nationals ( TCNs)
Type of Employees

Home

Host

3 Dimensions
1.

HR Activities

2.

3.

Procurment Allocation Utilization Country Classifications: Home Host Other Employees in Global Company: HCNs PCNs TCNs

Approaches to IHRM
Ethnocentric Approach Standardization  Polycentric Approach Customization  Geocentric Approach - Optimization


Features of IHRM
 Increased

complexity of HR activities  Cultural Awareness and tolerence  Stronger relationship with employees and their families  Different expectations and requirements of employees across cultures  Diluted risk on the business front and increased risk on people front

Features of a Global Manager


Flwexibility Language Skills

Emotional Stability A Successful Global Manager Social Intelligence

Listening & Coaching Skills

Conflict Management Skills

Cross Cultural Awareness

Sensitivity

Importance of IHRM
500 requires Global leaders  Indian Companies competing with MNCs  India in cutting edge in competition  Increase in FDI in India  Increased business means increasing manpower especially in overseas base  Qualified persons in short fall  Expatriate executives facing problems
 Fortune

Forces affecting IHRM


National Culture Political Forces Economic Forces HR Policies Recruitment/Selection Compensation Technology Appraisal /T&D Changes Motivation/Retentioan Labor Forces

Market Forces

Legal Forces Corporate Culture

Different IHRM Activities


 Job

Analysis & HR Planning  Recruitment & Selection  Training & Development  Performance Appraisal Management  Compensation Management  Career Management & Development  Unionism & IR  Managing Cross Cultural Issues

7 Cs of IHRM
1.

Cosmopolitans
  

Truly cosmopolitans Expatriates Occasional parachutists

2. 3. 4. 5. 6. 7.

Cultural Compensation Communication Consultancy Competency Coordination

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