Int. HR Management Flashcards
What are the Goals of GRIP (global reward infrastructure program)
- Facilitate internal transfers
- career development
- market comparisons
- restructurings
- M&A transactions
What is the core idea of GRIP?
Description of the content of each (sub-)job family
-mapping the corresponding internal job structure.
Headquarters and Subsidiaries Contribution
Centralization* ———- Decentralization
- Headquarters is the primary contributor to these activities:
Capital planning
Transfer pricing
Global profitability
Headquarters and Subsidiaries Contribution
Centralization —–**—– Decentralization
- Shared responsibility of headquarters and subsidiary activities:
Headquarters lead: Broad corporate strategy Global product development Basic R&D Global product sourcing Development of global managers
Subsidiary lead: Geographic strategy Local product and service Technical support and customer service Local procurement
Headquarters and Subsidiaries Contribution
Centralization ———- Decentralization**
- Subsidiary is the primary contributor to theses activities:
- Sales
- Marketing
- Local Market Research
- Human Resource Management
- Compliance with local laws and regulations
What are Arguments for centralization?
- facilitates coordination
- ensures decisions are consistent with organizational objectives
- managers have the means to bring major changes
- avoid duplication of activities.
What are Arguments for decentralization?
- relief of top-management
- motivational aspects
- greater flexibility
- close to costumers so better decision
- increase control
What are Disadvantages of decentralized public service?
- higher costs
- duplication of efforts
- fragmentation
What are Advantages of decentralized public service?
- units in control of decisions
- recognition of local priorities
- responsive to specific needs.
What are disadvantages of centralized public service?
- unresponsive
- overhead costs
- inflexible to units needs
What are advantages of centralized public service?
- consistent standards
- common system, support, control
- expertise.
What are the 2 goals of management expatriation?
- international coordination
- human resource management
What does international coordination entail in management expatriation?
Control of foreign subsidiaries
Verification of efficient information and communication structures
Transfer of management, product and process know-how
Establishment of a cross-national corporate culture
What does human resource management entail in management expatriation?
Compensation for unavailable specialists and managers in host country
Training of junior managers
What are 4 factors to consider in the selection process?
- Professional
- Behavioral
- Intercultural/environmental
- Personal Characteristics