logo

(PDF) International Human Resource Management

   

Added on  2020-04-21

17 Pages3895 Words130 Views
Running head: INTERNATIONAL HUMAN RESOURCE MANAGEMENTInternational Human Resource ManagementName of the StudentName of the UniversityAuthor note

1INTERNATIONAL HUMAN RESOURCE MANAGEMENTExecutive summaryThe purpose of this report is to highlight several factors like recruiting, training and developmentprocess of the workforce of an organization who is trying to expand their business fromSingapore to the market of Indonesia. All the probable aspects of this expansion of the businessare discussed in this report along with that a balance sheet for the organization is also provided.

2INTERNATIONAL HUMAN RESOURCE MANAGEMENTTable of ContentsIntroduction......................................................................................................................................3Job design and structure...................................................................................................................4Hofstede’s dimensions.................................................................................................................4Recruiting and staffing ways...........................................................................................................7Training and development process..................................................................................................8Remuneration package.....................................................................................................................8Conclusion.....................................................................................................................................11References and bibliography.........................................................................................................12

3INTERNATIONAL HUMAN RESOURCE MANAGEMENTIntroductionInternational Human Resource Management can be considered a set of actions thattargets to manage effectively the human resources or the workforce to achieve the targets madeby the organization (Papargyropoulou et al., 2015). In this context IHRM might be defined as tobe able to manage the workforce to attain all the objectives of the organization along withgaining the competitive advantage over the market competitors for that particular organization.IHRM includes traditional activities like recruiting, selection of the candidates, the training anddevelopment process and appraisals (Patunru & Rahardja, 2015). This paper focuses on theIHRM of the reputed food chain Carona Fast food who have established their business in themarket of Singapore 3 years back and now are aiming to set their foot on the market of Indonesiato gain more reputation globally. The aim of the management is to establish the organization asone of the most reputed fast food chain in the market of Asia within 5 to 6 years. In this contextIndonesia has been chosen as the country where Carona Fast food is going to expand theirbusiness. Indonesia is a country that is rich with human resources of almost 261115456 peopleand out of them almost 60% are able to work. It is seen that the country’s economic stability isgood for setting up a new business regarding food sector. Currently in Indonesia there has beenaffluence of government aids and foreign investments that backs up the commerce and trading inthe land of Singapore. From the last five years the Singapore government is maintain goodrelationships with the neighboring nations and that is positively influencing the economy ofIndonesia. It is seen that the business sector is experiencing a boom because of various foreigninvestments and positive initiatives taken by the government. Thus the management of CaronaFast Food has decided to venture in the market of a foreign land like Indonesia. There is anotherfactor behind choosing Indonesia out of all nations because the culture of Indonesia is quite

End of preview

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

Related Documents
Charles & Keith Expanding into Indonesia: A Case Study
|19
|3205
|275

International Human Resource Management (IHRM) : Assignment
|11
|2952
|222

MGT307 Functions of International HRM
|7
|1905
|123

Assignment - Business Environment Analysis
|8
|1746
|17

Cross Cultural and IHRM : Essay
|9
|2035
|120

International Human Resource Management !
|20
|5623
|326