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Challenges Faced by Multinational Companies in Transferring HR Practices

Critically analyze the challenges faced by emerging market multinational corporations (EMNCs) when transferring HRM practices across borders.

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Added on  2023-01-12

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This article discusses the challenges faced by multinational companies when transferring human resource practices across borders and how emerging multinational corporations address these challenges. It covers topics such as globalization, technological advancements, workforce diversity, and economic conditions. The article also provides solutions such as cross-cultural training, motivation, adherence to laws and legislation, use of innovative technology, and agility in HR strategies.

Challenges Faced by Multinational Companies in Transferring HR Practices

Critically analyze the challenges faced by emerging market multinational corporations (EMNCs) when transferring HRM practices across borders.

   Added on 2023-01-12

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Human Resource
Management
1
Challenges Faced by Multinational Companies in Transferring HR Practices_1
EXECUTIVE SUMMARY
Human resource management plays an important role in an organisation as it help in
recruiting and selecting best candidate who can perform activities of the company in an effective
manner. In addition to this, they maintain a good relationship between the employees that has
positive effect on the productivity and profitability of the company. There are various challenges
face by multinational companies when transferring HR practices from host country to another
such as organisational change, environmental change, technology and many more. There are
different ways to overcome with these challenges in a proper manner and effective manner like
training to employees, motivate staff members and so on.
2
Challenges Faced by Multinational Companies in Transferring HR Practices_2
Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
LITERATURE REVIEW................................................................................................................4
Challenges MNCs from emerging market face when transfer human resource management
practices across borders...............................................................................................................4
How emerging multinational corporations address these challenges..........................................7
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10
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Challenges Faced by Multinational Companies in Transferring HR Practices_3

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