logo

International Human Resource Report 2022

Conduct research and analysis on multinational corporations to explore the effectiveness of their international human resource management strategies in gaining competitive edge.

16 Pages2918 Words17 Views
   

Added on  2022-10-18

International Human Resource Report 2022

Conduct research and analysis on multinational corporations to explore the effectiveness of their international human resource management strategies in gaining competitive edge.

   Added on 2022-10-18

ShareRelated Documents
Running head: INTERNATIONAL HUMAN RESOURCE
INTERNATIONAL HUMAN RESOURCE
Name of the Student
Name of the University
Author Note
International Human Resource Report 2022_1
INTERNATIONAL HUMAN RESOURCE1
Executive Summary
In this report, the International human resource management discusses the strategies of Coca
Cola Company to expand its business abroad. It discusses various strategies such as merging,
partnership, acquiring a firm in global market. The organisational structure and its
effectiveness in managing the workforce is determined. It shows the responsibility of a
manager when a company expands its operations. It also discusses about reward and
compensation programmes and adopting different approaches to international compensation.
International Human Resource Report 2022_2
INTERNATIONAL HUMAN RESOURCE2
Table of Contents
Introduction................................................................................................................................3
Task 1.........................................................................................................................................3
Task 2.........................................................................................................................................6
International reward and compensation approaches..................................................................7
Expatriates at Coca Cola..........................................................................................................11
Recommendations....................................................................................................................11
Conclusion................................................................................................................................12
Reference..................................................................................................................................13
International Human Resource Report 2022_3
INTERNATIONAL HUMAN RESOURCE3
Introduction
The international human resource management is the set of defined activities of
human resource management at international level. It aims to meet organisational objectives
and to achieve competitive advantage in national and international level. The IHRM includes
the functions such as selection, recruitment, procuring, training and development, allocating
and performance appraisal at international level (Collings, 2007). It also includes some other
activities such as expatriate management and global skills management. The purpose of
IHRM is to achieve competitive advantage by hiring and improving the skills, productivity
and efficiency of employees.
The report discusses about the international human resource management of Coca-
Cola Company. The strategies that Coca Cola Company delivers for competitive advantage.
The IRHM of Coca- cola plays an important role in achieving the organisation’s goal (Fan,
2013). Those companies whose business become globalise adopt the IRHM. As the
employees are the greatest asset for the organisation, it focuses on the staffing strategy for
recruiting and selecting efficient employees (Festing, 2013). It also manages the international
and culturally diverse workforce; manage their talent and reward and compensation system.
Task 1
a. The Coca Cola Company necessitates for competitive drive which results in
effectiveness of brands, products and services. The IHRM have three effectiveness of
international human resource management. In managing the workforce, the measures
of efficiency, effectiveness and the impact used in the organisation to have better
understanding of implementing the changes (Gannon, 2015). Efficiency is the amount
of resources used by HR programs such as cost of hiring an employee. Effectiveness
is the outcome of the HR activities such as learning and skilling through training.
International Human Resource Report 2022_4

End of preview

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

Related Documents
MGT307 Functions of International HRM
|7
|1905
|123

International Human Resource Management
|16
|4526
|387

Task – 01. Human resource Management in Coca-Cola Compa
|12
|4397
|121

Case Study Analysis on Coca Cola: Recruitment and Selection of Expatriates and International Managers
|15
|4875
|299

International HRM in Organization | Paper
|9
|2807
|84

International Human Resource Management (DOC)
|11
|1893
|108