Description:
International Human Resource
Management and Organisation
Strategy
Strategy
is the companyâs long-term plan for how it will balance its internal
strengths and weaknesses with its external opportunities and threats
to maintain a competitive advantage.
Definition
Strategy and HRM
Definitions
Vision
Mission
Strategy
HRM-
Strategy
Strategy is the companyâs
long-term
plan for how it will balance its internal strengths and weaknesses with
its external opportunities and threats (SWOT) to maintain a competitive
advantage.
Vision: âA best case scenario
of where the company
will be in the futureâ, the kind of company, top management
is trying to create
A mission defines a companyâs
business and a
clear view of what the company is trying to accomplish
for its customers
HRM strategies are the courses
of action HR uses to help the company achieve its strategic aims.
Strategic HRM
Clarify the business
strategy
Realign the HR
functions and key
people practices
Create needed competencies
and behaviors
Realization of business
strategies and results
Evaluate and refine
Corporate strategy
HR programs
International Strategies
and HRM (1)
There are many
reasons why companies are pushed to internationalise their business
and reactâ¦
Domestic, multi-national,
global or transnational business strategy?
Perlmutter: Ethnocentric,
polycentric and geocentric
International Strategies
and HRM (2)
âThink global,
act localâ-paradox?
Implications for
HRM-Strategy
HR-Structure fits
to company structure?
Centralized or decentralized?
Suitable HR-instruments
and practises?
Global, regional,
local concepts?
Organizational culture
fits business strategy?
Check the â7-Sâ
7-S-Model (Pascale/Athos)
Structure
(H)
Superordinate
Goals
(S)
Staff
(S)
Systems
(H)
Style
(S)
Strategy
(H)
Skills
(S)
New âoperationalâ
HR-Challenges
in an international Environment
More HR activities
The need for broader perspective,
higher complexity
More involvement in employees
personal lives
Changes in emphasis as the
workforce mix of expats and locals varies
Risk exposure
More external influences
The different practices
of employment in different countries
Strategic HR â Siemens
Basic HR Strategy
A living company is a learning
company
Global teamwork is
the key to realizing potential and using human resources
Redefine management to meet
globalization challenges
Stakeholder value:
achieving a
balance of interests
A climate of mutual respect
Growth
Profit