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IHRM trends and future challenges. A Presentation by Aditi Shah. Introduction. Strategic issues associated with: External Factors: Industry Characteristics Country-Regional characteristics Inter-organizational networks. Internal Factors: MNE Structure Mode of operation MNE Strategy
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IHRM trends and future challenges A Presentation by Aditi Shah
Introduction Strategic issues associated with: External Factors: • Industry Characteristics • Country-Regional characteristics • Inter-organizational networks
Internal Factors: • MNE Structure • Mode of operation • MNE Strategy • Experience in managing international operations • HQ international orientation
International Business Ethics • Three approaches to the values to be applied to the question of ethics: • The ethical relativist • The ethical absolutist • The ethical universalist
Criminalization of bribery • The Foreign Corrupt Practices Act (FCPA) • The OECD Convention-adopted the Convention on combating Bribery of Foreign Public Officials in International Business Transactions
Future challenges for HR The selection, training and performance appraisal should also be based on the ethical orientation of the expatriate.
Internal Factors Mode of operation and HRM: • Family-owned firms • NGO (Non-government organizations)
External Factors Challenges in an uncertain world: • In-facility emergency and disaster preparedness • In-facility security • Industrial espionage, theft and sabotage • Cyber terrorism • Out-of-facility fire and travel risks