Role Of HRM In MNCs

Question 1

What are some HRM competitive strategies?

Answer 1

International: used to learn, worldwide learning and innovation
Multidomestic: local responsiveness emphasized
Global strategy: control is centralized, contraction & centralization
Transnational: adhere to worldwide standards, global efficiency, multinational flexibility, worldwide learning

Question 2

When is it likely that a strong dependence of subsidiaries on HQ will exist?

Answer 2

Starting the internationalization process
High degree of similarity between HQ and subsidiaries
With large number of expatriates

Question 3

When is it likely that a strong independence of subsidiaries on HQ is likely to exist?

Answer 3

A large gap exists between parent and host country
Subsidiaries get older and larger
With stronger unions

Question 4

In what areas will the role of HRM in MNCs be most significant?

Answer 4

Knowledge transfer: transferring knowledge, expertise and critical capabilities
Global leadership training and development: communication, global mind-set
Strategic control needs: keep all operation units around the world - formal control mechanisms, less formal