Word count: 3000 words
This assignment is designed to assess learning outcomes:
L01: Critically examine the economic drivers in the international business environment that influence HRM strategies and evaluate the main HRM theories and models in relation to economic drivers.
L02: Evaluate the effectiveness of HRM strategies in achieving the goals of employee commitment, flexibility, quality and strategic integration
L03: Critically Analyse the differences in approach to HRM Globally and outline possible reasons for such differences
L04: Critically evaluate the theory and evidence about the relationship between HRM and organisational performance
L05: Analyse the organisational, national and cultural specific issues that influence the development and implementation of HRM strategy
L06: Demonstrate the management skills required in international business to successfully engage and win support from key stakeholders
For this assignment, you will need to take the role of a HR manager, taking part in an internal evaluation of your international organisation's human resource management strategy. As a result will be expected to submit a report with your recommendations to the HR Director.
Please select an appropriate (Multinational Corporation) MNC of your choice. Your audit is from an 'HR' perspective as it is likely that the business will establish a joint venture in the new market which will require some staff to be recruited locally and also the relocation of some expatriate staff from within your organization to manage the new venture alongside those of your joint venture partner.
Your report should highlight the HR functions as listed below. Your report will analyze 2 only of the following HR Practices:
1. Recruitment and Selection
2. Training and Development
3. Reward Management
After selecting 2 HR practices above you have to include the following approaches to the HR practices:
In each of your chosen areas of HR practice, please identify how your recommended strategies will impact upon:
1. I. Organizational Performance
2. II. Employee Commitment
3. III. Workforce Flexibility
4. I. Workforce Quality
In addition, the report should include:
The purpose of the report – a brief overview of the selected sector for the last five years and its developments and challenges and future needs. This assignment will assess all of the learning outcomes for this module.
Your data response should include an analysis, using both qualitative and quantitative data, of the following:
• Key economic drivers in the Host country
• A comparative analysis of HR systems globally
• Organizational issues that influence the development and implementation of HRM strategy (Cross-cultural training for expatriates, T&D section) and the social aspect of the host country in the (PESTLE analysis). Please use the following structure below as a guide to the content your tutor(s) will expect to see in your assignment based upon the learning outcomes being assessed.
Structure
You have been asked to produce a report. It should contain the following:
• Appropriate coversheet
• Title Page, including the given title in full.
• Contents Page
• Introduction
• Main body, which should also be organized under appropriate headings.
• Conclusion
• Appendices, which should be numbered.
o Make sure you refer your reader to them as required.
Layout
Your work should be word processed in accordance with the following:
• Font style, Arial, font size 12
• 1.5-line spacing.
• The page orientation should be ‘portrait’
• Margins on both sides of the page should be no less than 2.5 cm
• Pages should be numbered
• Your name [should/should not - delete as required] appear on the script.
• Your student number should be included on every page.