CASE STUDY
Spanning the Globe
1 Summarize your thoughts on the problems at hand, alternative solutions and your strategy on how to proceed at the forthcoming meeting
In this case, we are facing different problems. The biggest problem here is the expatriate’s expectation. In our case, Fred illustrates this problem. Fred is a reliable and old employee of Texmark, he is a brilliant engineer. He is always ready and agrees to travel for his job (Scotland, Mexico, and India). But “today Fred was angry and disappointed that an eighteen-month assignment in India had turned into a three-year assignment, and that a research position in Durham “promised” to him by a previous VP was filled by a younger Durham resident employee”. How far the
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Furthermore here the company uses the ethnocentric approach which suits for an international strategy, it creates global culture, and the transfer of core competencies are advantages of this strategy but this kind of strategy still expensive. As the company would like to reduce the costs of training and shorter the assignment, we think that polycentric staffing philosophy would suit better to the organization. Polycentric management “is an approach found in international firms where host-country nationals manage the subsidiaries. Decision-making is devolved to the subsidiaries, although head office in the parent country controls the overall business strategy. From this perspective, host-country nationals are considered important because they can bring local knowledge and understanding to the day-to-day operations of the subsidiary businesses.”(Heery, Edmund, and Mike Noon. "polycentric management." OxfordReference. 17 Nov.2014.). This strategy means that the key positions re staffed by local managers, then the company could reduce its costs, and it also avoids the adjustment problems of expatriate managers and their families. Employing host country nationals eliminates language barrier and this strategy avoids the turnover of key managers that results from the ethnocentric approach.
The solution that can be suggested to the issue of Chinese Operation is to develop a regional center in Asia Pacific region as the main issue as can be understood is the cultural
Competing in global markets entail many factors and centralization of its human resource practices is certainly vital to improve global competitiveness and empower employees for global assignments. To achieve success in global marketplace, the challenge of all businesses regardless of their size is to understand global corporate cultural differences and invest in human resources which includes selecting and retaining talented employee, training and development whilst encouraging employees to be innovative and creative. Employees selected to work in foreign locations should be prepared beforehand with adequate cross-cultural training. For an organization to be successful in the international marketplace, it must be concerned with this fit from both an internal and
During the meeting, any contributions should be relevant, clear and concise. They could help to
should define the topics of discussion and articulate the problem that will be discussed in
IV. Identify problems and solutions with your plan (develop it) and also your aims and objectives:
3. What do you believe to be the most pressing problems facing MPESD? What is your plan to address these problems?
Economic Factors: Economic factors play a vital role when MNEs are recruiting. A research by the Intl. J of human resource management noted that some MNEs adopted the polycentric staffing approach based on the fact that it costs less to employ HCN (Home country
The following proposal (A) explains the current working status and resulting problems, (B) proposes a solution, and (C) details a specific plan for implementation.
Discuss any reforms that have been proposed or introduced and evaluate these reforms pros and cons
PREVIEW: I will begin by stating what the problem is and why it is concerning. Next, I will explain what is going on currently to address the problem and why what is currently being done it isn’t working. Then, I will
The ethnocentric staffing policy approach chooses United States as top ranking employees international operations. We will give executive positions to US citizens located in the manufacturing state of Tamaulipas, Mexico. The main advantage of this staffing approach is that it allows the EcoPlay! to make sure that the people in the top positions are experienced in the business of the manufacturing industry. This is because the people in the host country, Mexico, does not have enough skilled workers for staffing top positions in the industry. The ethnocentric staffing policy approach is also employed to make certain the culture of the entire industry is unified rather than diversified. The problem we might encounter with this approach is that
(tk) There are many guideposts for an effective meeting; these include but are not limited to: (list). By its nature, this working paper is not meant to be exhaustive; we will therefore focus on one CSF of a successful meeting the agenda.
Whinch-it can pursue one of several approaches to international staffing, with each having its advantages and disadvantages. These staffing methods include ethnocentric staffing method which the strategic decisions are made at the headquarters and the foreign subsidiaries have limited autonomy. If Whinch-it feels there are no qualified personals in the host country then ethnocentric approach will prove to be the best one. Having a parent company national will also maintain the communication, coordination and control links to corporate headquarters. Disadvantages of this staffing model include reduced productivity and high turnover as a result of limited promotional opportunities to the host country nationals. Another staffing method that can be used is polycentric, this models allows each subsidiary to be managed by a host country national with some decision making autonomy, this will eliminate some of the problems that ethnocentric have while also eliminating adjustment periods, language barriers and it gives continuity of management of foreign subsidiaries Dowling et.al 2008. Polycentric however has its disadvantages such as language barriers with parent company national and the loyalty to the PCN might be lower that the loyalty to the HCN’s nationality. Geocentric method of staffing takes no account of the
Expats need to maintain proper distance and develop satisfied relationship with their local employees. (Patrick Rau et al., 2013)
2. Describe the change you hope to implement. What is the current situation? What is the desired situation? How are you going to achieve it?
1. Briefly outline the matters which you will discuss with your client at this time. (15marks)