RESPONSES TO THE ISSUES AND CHALLENGES OF HRM by: Divina V. Sabanal
KEY ISSUES:
Staffing policies
Selecting & retaining talented employees
Training & development
Culture barriers
Legal framework
Challenges of living & working overseas
Performance appraisals
Training & Mgt. development
Compensation packages
Labor relations & organized labor laws
RESPONSES/ STRATEGIES TO HRM:
Strategic HRM
Global Training Programs
Electronic HRM
International HRM
> Ethnocentric
> Polycentric
> Regiocentric
> Global
STRATEGIC HRM
Involves a set of internally consistent policies and practices designed and implemented to ensure that a firm’s human capital contribute to the achievement of its business objectives.
Integration and adaptation.
CONCERNS OF Strategic HRM
1. HR Mgt. is fully integrated with the strategy and the strategic needs of the firm.
2. HR policies cohere both across policy area and across hierarchies.
3. HR practices are adjusted, accepted, and used by the line managers and employees as part of their everyday work.
BASIC COMPETENCIES OF AN HR PROFESSIONAL:
Business competence
Professional and technical knowledge
Integration competence
Ability to manage change
TRAINING FOR GLOBAL BUSINESS:
Executive Etiquette for Global Transaction
Cross Cultural Technology Transfer
Int’l Protocol and Presentation
Language Training
ELECTRONIC HRM
Involves the automation of various aspects of the human res ...