Professional Documents
Culture Documents
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
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
Market Forces
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
2. 3. 4. 5. 6. 7.