About This Chapter
Human Resource Management Around the World - Chapter Summary and Learning Objectives
Human resource management is a fluid and ever-changing field. Flexibility is especially necessary in the globalized economy. In this chapter, instructors will teach you about managing human resources around the world. These video lessons touch on issues of diversity and culture. After each lesson, you can test your knowledge with a quiz. The topics in this chapter will lead to your being able to:
- Explain what challenges arise when managing international companies
- Relate how understanding cultural dimensions is important to international business
- Discuss how culture impacts social status and diversity
- Identify the strategies that can be used to improve working relations in an international setting
|Managing in International Companies||Compare how managing in international companies differs from managing a company with little cultural diversity.|
|Hofstede's Cultural Dimensions Theory||Connect the ways understanding cultural dimensions can aid managers in their job.|
|Global Staffing Approaches: Ethnocentric, Regiocentric, Polycentric, and Geocentric||Survey the terminology associated with staffing in international organizations.|
|Group Status, Social Loafing & Diversity in Global Groups||Illustrate how concepts like group status, social loafing, and diversity are related to culture.|
|Benefits of Diversity Training in Globalized Business||Appraise training in international businesses and why this is important to organizations.|
|Human Resource Issues in International Business||Categorize the challenges and opportunities that globalized business creates for HR managers.|
|HRM Case Study: General Electric in Hungary||Evaluate this case study to understand the strategies international companies can use to solve issues quickly.|
1. Managing in International Companies
Managing in international companies takes a special type of person. The reason for that is that not only do managers have to have an understanding of how to conduct business, but they also must deal with several other factors that are present in the international arena.
2. Hofstede's Cultural Dimensions Theory
Dimensions of culture are an important aspect of international business. Knowing how cultures view different aspects of business can help a manager navigate through the international business market.
3. Global Staffing Approaches: Ethnocentric, Regiocentric, Polycentric, and Geocentric
Human resource management professionals working for global organizations often have unique staffing choices. In this lesson, you'll learn about ethnocentric staffing, regiocentric staffing and geocentric staffing. A short quiz follows.
4. Group Status, Social Loafing & Diversity in Global Groups
Group status changes depending on culture, and as groups become more diverse, different perspectives and opinions will arise. In this lesson, we will address the issues of culture as it relates to group status, social loafing, and diversity.
5. Benefits of Diversity Training in Globalized Business
Organizations are currently more focused on training their staff to understand diversity. In this lesson, we will look at diversity training in global organizations.
6. Human Resource Issues in International Business
From a business perspective, national boarders are disappearing, giving way to free trade agreements and open economies. In this lesson, we'll talk about how that presents new opportunities and challenges for human resource managers.
7. HRM Case Study: General Electric in Hungary
General Electric (GE) is an American corporation with many different business units and global locations. This lesson discusses GE's experience purchasing control of a company in a former communist-led country.
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Other chapters within the Business 306: Strategic Human Resources Management course
- Strategic Human Resource Management
- Human Resource Management Theory
- Employment Law & Rights of Employees
- Equal Employment Opportunity
- Workplace Diversity & Multiculturalism
- Recruiting & Selecting Employees
- Employee Benefits & Compensation
- Collective Bargaining & Unions
- Organizational Training Programs
- Employee Motivation Theory
- Performance Management
- Employee Value & Competitive Advantage
- Human Resource Metrics & Measurement
- Required Assignments for Business 306
- Studying for Business 306