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Human Capital Management Assignment

   

Added on  2020-05-04

15 Pages3451 Words37 Views
Running head: GLOBAL HUMAN CAPITALGlobal Human CapitalName of the Student:Name of the University:Author’s Note:

1GLOBAL HUMAN CAPITALExecutive SummaryGlobal human capital management is becoming quite important and essential for any companythat is growing internationally. One such company is Telequip which failed to manage its humanresource requirement and ultimately it lost a very important project. This report presented theissues that led to the project failure by focusing more on business issues rather than humanresource issues. It has been found that compensation package, cultural barrier, poor training,wrong expatriate selection, poor planning, undermined communication and fulfillment of basicneeds were the main issues for the poor performance of expatriates that led to project failure.However, if Telequip would have ensured right candidate selection along with accurate trainingprocedure, then surely project would have been delivered within proposed deadline.

2GLOBAL HUMAN CAPITALTable of Contents1.0 Introduction................................................................................................................................32.0 Overview of Issues....................................................................................................................33.0 Analysis of Issues with Theories...............................................................................................43.1 Basic Needs with Maslow Hierarchy.....................................................................................43.2 Performance Appraisal with Theory X and Theory Y...........................................................43.3 Work Condition Issues with Herzberg Two Factor Theory...................................................53.4 Cultural Barriers with Hofstede Model..................................................................................54.0 Identification of Problem and Relevant Solutions.....................................................................64.1 Compensation Package..........................................................................................................64.2 Accommodation and Food Arrangement...............................................................................64.3 Language and Cultural Barrier...............................................................................................74.4 Expatriate Selection...............................................................................................................74.5 Company Communication and Decision...............................................................................75.0 Prioritized Recommendation.....................................................................................................85.1 Expatriate Selection (Priority 1)............................................................................................85.2 Language and Cultural Barrier (Priority 2)............................................................................85.3 Accommodation and Food Arrangement (Priority 3)............................................................95.4 Compensation Package (Priority 4).......................................................................................95.5 Periodic Communication (Priority 5).....................................................................................9

3GLOBAL HUMAN CAPITAL6.0 Summary..................................................................................................................................10Reference List................................................................................................................................11

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