Managing a Global Workforce Flashcards
Extent to which underlying operations such as IT, finance, or HR integrate across locations.
Process alignment
Practice of contracting a part of business processes or production to an external company in a country that is relatively close (for example, within the same own region).
Near-shoring
Extent to which diversity is embraced in management of people, products/services, and branding.
Identity alignment
Process by which an organization moves an employee out of an international assignment; can involve moving back to the home country, moving to a different global location, or moving to a new location or position in the current host country.
Redeployment
Method by which an organization relocates its processes or production to an international location through subsidiaries or third-party affiliates.
Offshoring
Process by which an organization contracts with third-party vendors to provide selected services/activities instead of hiring new employees.
Outsourcing
Organizations that own or control production or service facilities in one or more countries other than the home country.
Multinational enterprises (MNEs)
Relocation of business processes or production to a lower-cost location inside the same country as the business.
Onshoring
Process by which employees returning from international assignments reintegrate into their home country’s culture, conditions, and employment.
Repatriation
Globalization strategy that emphasizes consistency of approach, standardization of processes, and a common corporate culture across global operations.
Global integration (GI)
Globalization strategy that emphasizes adapting to the needs of local markets and allows subsidiaries to develop unique products, structures, and systems.
Local responsiveness (LR)
Status of growing interconnectedness and interdependency among countries, people, markets, and organizations worldwide.
Globalization
