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International hrm. Worldwide management of human resources. definition. Global or IHRM is process of sourcing, allocating & effectively utilizing human resources in a multinational organization.
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International hrm Worldwide management of human resources
definition • Global or IHRM is process of sourcing, allocating & effectively utilizing human resources in a multinational organization. • IHRM is interplay among 3 dimensions: human resource activities, types of employees & countries of operation.
reasons for emergence of Ihrm • Rapid growth of internationalization & global competition • Need for international managers • Strategic alliances, cross-border mergers & acquisitions are increasing • Learning, knowledge-acquisition & adaptation. • Knowledge management • Expatriation in international firms
Ihrm approaches • Ethnocentric approach • Polycentric approach • Regiocentric approach • Geocentric approach
Barriers to effective ihrm • Variations in social,political & economic circumstances • Perception of HR • Attitudes & actions of headquarters toward HR • Resistence to change • Cultural differences
Global hrmvs domestic hrm • More functions • More heterogeneous functions • International taxation • International relocation & orientation • Other administrative services for expatriates • Selecting,training,appraising local & international employees & managing host government in a number of countries around the world.
Involves constantly changing perspectives • Requires more involvement in employees personal lives • Involves grater level of risk than typical domestic HRM.