Strategic HRM: International Assignment and Policy Comparison

This report provides a comprehensive overview of managing human resources in multinational and transnational enterprises. It differentiates between the two types of enterprises and contrasts international human resource management with standard human resource management practices. The report outlines four different staffing approaches for international assignments—ethnocentric and polycentric—highlighting the advantages of regiocentrism and disadvantages of polycentrism. It discusses formal and informal rules in the UK and Germany, emphasizing the importance of understanding national culture. Key factors in recruiting and selecting international assignees are identified, along with strategies for developing talent among host country nationals. The report recommends specific policies and procedures for the board, including remuneration and relocation allowances, and briefly outlines key differences and similarities between France and the UK. The conclusion underscores the significance of human resource management in enhancing organizational performance and growth.