logo

Strategies and Practices of International Human Resource Management

   

Added on  2023-01-13

17 Pages5175 Words56 Views
INTERNATIONAL
HUMAN RESOURCE
MANAGEMENT

EXECUTIVE SUMMARY
In this report it has been covered about the strategies and practices of HRM and how
that strategies helps the company to attract local people. Apart from this they need to work on
hiring the right people and train them so that they can be prepared for the expansion and enter
into international markets. This will make it easy for the employees of the company to work
according to their culture and gain recognition for the company. The report highlights issues
such as HRM practices, theories of leadership and influence in behaviour of management

Table of Contents
INTRODUCTION.......................................................................................................................4
Application of theory into practice..............................................................................................4
A Review of existing HRM practices.................................................................................4
B) Review of leadership theories.......................................................................................6
C Behavioral Dimensions...................................................................................................8
2) Strategies to attract and recruit local talent....................................................................8
3) Integrating cultural differences that leads to internationalisation plans and the
organisational plans............................................................................................................9
4) Various influences on behaviour in organizations and the interface with management10
D best practices in IHRM.................................................................................................11
4 Conclusion and recommendations..........................................................................................11
B) How this change will impact on the international nature of your organisation. .........13
CONCLUSION..........................................................................................................................14
REFERENCES..........................................................................................................................15

INTRODUCTION
Human resource management is a strategic approach to the effective management of
people in a company or organization such that they help their business gain competitive
advantage. It is designed to maximize employee performance in service of an employer's
strategic objectives. In this report, the taken organization is Coles Supermarkets Australia Pvt.
Ltd, trading as Coles, is an Australian supermarket, retail and consumer services chain,
headquartered in Melbourne as part of the Coles Group. The company was founded in 1914
in Collingwood by George Coles, Coles operates more than 800 supermarkets throughout
Australia, including several now re-branded BI-LO Supermarkets. Coles has over 100,000
employees and, together with rival Woolworths, accounts for more than 80 per cent of the
Australian market. This report covers issues such as practices of HRM, importance of HRM
and its practices, theories of leadership and suitability of the leadership style in the company,
challenges in international environment. Strategies to attract and recruit local people. Apart
from this study also covers integrating differences of culture that helps the company to get the
plans for internationalization, influences on behavior in organizations and the interface with
management. International HRM practices of their competitor and recommendations for
change practices and how it will impact the international nature of the business.
Application of theory into practice
A Review of existing HRM practices
1) HRM Practices
Providing Security to Employees-
This aspect is considered as one of the most important practices of HRM. Coles
supermarket looks after the employees of the company because they believes no one can
predict what is going to happen next and security is considered as an essential factor by the
employees of the company. They feel that if their family is looked after by the company then
they can trust them and work up to their potential so that even they can be beneficial for the
company. If Coles Supermarkets does not provide their employees with these factors then they
won't be able to retain them for long time (Wintersberger, 2017). If the security of employees
is threatened then this will ripple the company.
Selective Hiring-

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Importance of HRM Practices in International Human Resource Management
|21
|7286
|237

International Human Resource Management: A Case Study of Carrefour in UAE
|21
|5918
|329

Importance of HRM and its Practices in Unilever
|21
|7463
|90

International Human Resource Management
|19
|5130
|310

International Human Resource Management
|26
|6314
|36

International human Resource Management
|21
|8079
|35