Managing a Global Workforce Flashcards
Assignees
Employees who work outside their home countries
Global integration (GI)
Globalization strategy that emphasizes consistency of approach, standardization of processes, and a common corporate culture across global operations.
Globalization
Status of growing interconnectedness and interdependency among countries, people, markets, and organizations worldwide.
Identity alignment
Extent to which diversity is embraced in management of people, products/services, and branding.
Local responsiveness (LR)
Globalization strategy that emphasizes adapting to the needs of local markets and allows subsidiaries to develop unique products, structures, and systems.
Multinational enterprises (MNEs)
Organizations that own or control production or service facilities in one or more countries other than the home country.
Near-shoring
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).
Onshoring
Relocation of business processes or production to a lower-cost location inside the same country as the business.
Outsourcing
Process by which an organization contracts with third-party vendors to provide selected services/activities instead of hiring new employees
Process alignment
Extent to which underlying operations such as IT, finance, or HR integrate across locations
Redeployment
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.
Repatriation
Process by which employees returning from international assignments reintegrate into their home country’s culture, conditions, and employment.