3000 words. Choose a company to evaluate their HRM strategies.
This assignment is designed to assess learning outcomes:
L01: Critically examine the economic drivers in the international business environment that influence HRM strategies and evaluate the main HRM theories and models in relation to economic drivers.
L02: Evaluate the effectiveness of HRM strategies in achieving the goals of employee commitment, flexibility, quality and strategic integration
L03: Critically Analyse the differences in approach to HRM Globally and outline possible reasons for such differences
L04: Critically evaluate the theory and evidence about the relationship between HRM and organisational performance
L05: Analyse the organisational, national and cultural specific issues that influence the development and implementation of HRM strategy
L06: Demonstrate the management skills required in international business to successfully engage and win support from key stakeholders
your international organisation’s human resource management strategy. As a result will be expected to submit a report with your recommendations to the HR Director.
Please select an appropriate (Multinational Corporation) MNC of your choice. Your audit is from an ‘HR’ perspective as it is likely that the business will establish a joint venture in the new market which will require some staff to be recruited locally and also the relocation of some expatriate staff from within your organisation to manage the new venture alongside those of your joint venture partner.
Your report should highlight the HR functions as listed below. Your report will analyse a minimum of 1 and a maximum of 2 of the following HR Practices:
1.Recruitment and Selection
2.Training and Development
After 1 – 3 above you have to include the following approaches to the HR practices :
In each of your chosen areas of HR practice, please identify how your recommended strategies will impact upon:
I. Workforce Quality
In addition the report should include:
The purpose of the report â€“ a brief overview of the selected sector for the last five years and its developments and challenges and future needs. This assignment will assess all of the learning outcomes for this module.
Your data response should include an analysis, using both qualitative and quantitative data, of the following:
â€¢Key economic drivers in the Host country
â€¢A comparative analysis of HR systems globally
â€¢Organisational issues that influence the development and implementation of HRM strategy (Cross-cultural training for expatriates, T&D section) and the social aspect of the host country in the (PESTLE analysis). Please use the following structure below as a guide to the content your tutor(s) will expect to see in your assignment based upon the learning outcomes being assessed.