Managing Human Resources: International Staffing Approaches, Cultural Understanding, and Talent Development

Managing
Human
Resources

Table of Contents
• Introduction
• Difference between Multinational Enterprise and Transnational Enterprise
• Key difference between International human resource management and human resource management
• Four different staffing approaches for international human resource management
• Advantages of Regiocentrism
• Disadvantages of Polycentrism
• Formal and informal rules at both home and overseas
• Importance of understanding national culture
• Key factors when recruiting and selecting an international assignee
• Identify and develop talent of host country nationals
• Recommendations
• Outline any policies and procedures that should be considered by the Board
• Briefly outline two key differences and/or similarities between France and UK
• Conclusion

INTRODUCTION
• Human resource plays a vital role in organisation, they generally run the
business activities in effective and efficient manner.
• The human resource management of organisation manages the life cycle
of employees in order to improve their performance and efficiency.

DIFFERENCE BETWEEN MULTINATIONAL
ENTERPRISE AND TRANSNATIONAL
ENTERPRISE
Multinational enterprise Transnational enterprise
Multinational enterprise is also known as
multinational corporation in which enterprise
produce goods and services and deliver in more than
one country by having centralized global
management system.
Transnational enterprise is a company that is
involved with international production of goods and
services, asset management and foreign investment
in more than one country. But the enterprise don't
have centralized management system.