International HRM practices Assignment Sample
Added on 2021-02-18
14 Pages3435 Words48 Views
Leadership Management
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TRENDS/CHALLENGES OFIHRM FOR MNC'S
EXECUTIVE SUMMARY The present report is based on International HRM practices and their working that canimpact over working of enterprise. It derives as set of activities that aimed at managing humanresource at international level. Furthermore, in this report brief discussion about the Impact ofHRM challenges at international level and its effects on HR practices are needed to beconsidered.
TABLE OF CONTENTSEXECUTIVE SUMMARY ............................................................................................................2INTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Identification of three challenges for international HRM and its impact on future HRpractices. ................................................................................................................................1RECOMMENDATIONS.................................................................................................................7CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONIHRM can be defined as set of activities aimed at managing organisational humanresource at international level to achieve objectives and competitive advantage over competitorsat national and international level. It is an umbrella term for being inclusive of various HRrelated aspects that involves Payroll and talent management process, when operating at a globalscale (Nezhad, Hull & Bentallah, 2018). It is set of distinct activities, processes, functions thatall are directed towards attracting, maintaining and developing in MNC both at domestic andoverseas level. The present report is based on business activities of Woolworth which is an Australianfirm working in retail sector. Thus, present assignment will look upon various challenges that areaffecting HRM internationally. These trends will be as Technology, Health and safety act andmobility. Furthermore, Impact of above challenges has to be shown on future HRM practice inthe enterprise. In addition to it, the difference between IHRM and HRM is quite unpredictableand influenced by external factors, requiring additional functions, continue changes inperspectives, more intervention in employees’ personal lives etc (Potgieter & Doubell, 2018).Thus, international human resource management plays a crucial role with regard to providesolution to global business issues. MAIN BODYIdentification of three challenges for international HRM and its impact on future HR practices. International Human resource management is one of the process that work to procure andallocate an effective utilisation of human resources of an organisation at an internal level. Thereexists following challenges in the field of Technology, health and safety and Mobility that areaffecting international HRM practices Potgieter & Doubell, 2018). It is the responsibility of HRmanager in an enterprise to integrate effective HR related policies and practices that allows asignificant amount of flexibility, when operating at different nations and at a global level. Thus,it is concerned with identifying and understanding how MNC’s manages their geographicaldispersed work force in terms to leverage their HR resource to obtain local as well globalcompetitive advantage. It can be defined in following manner as are- 1
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