Hr Strategies From Bric Countries : Hr Policies And Strategies Are The Backbone Of The Hr Department Essay

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3.0. IMPELEMENTATION OF HR STRATEGIES INTO BRIC COUNTRIES: HR Policies and Strategies are the backbone of the HR Department. When the company is looking for internationalisation and starting up a strategic alliance, Joint venture, or Merger it is mandatory to carefully look into the HR practices of the host countries and diligently map the home country practices into the host country practice and find the gaps between two and rectify the flaws and making the Good practice and Good fit is the main task in international HR management. 3.1. UNDERSTANDING THE EXISTIC HR PRACTICES IN THE BRIC COUNTRIES: The HRD practices of BRIC countries are complex and mainly focussed on the intellectual capital. The BRICS countries already having the HRD agenda for their consortium and mainly focussing on building the human resources. They also focus on the “High HRD 2020” plan. They mainly focus on the 11 point agenda and all the policies and strategies are planned accordingly. The BRIC countries are mainly focused to achieve this agenda by concentrating on Real time HRD practices, especially training, OD, and career management. This approach helps to develop intellectual capital and gears up a continuous development that produces talent. They mainly focussed on giving equal chance to everyone to develop their talents and potential which is not seen in developed countries (Forester et. al. 2010). The BRIC countries main focus on HR build up mainly India and China focussing mainly

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