Global HRM Strategies (PSBM016CL)

Assessment Learning Outcomes to be addressed:

1. 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

2. Evaluate the effectiveness of HRM strategies in achieving the goals of employee commitment, flexibility, quality and strategic integration

1. Analyse the differences in approach to Global HRM and outline possible reasons for such differences

2. Critically evaluate the theory and evidence about the relationship

between HRM and organisational performance

1. Analyse the organisational, national and cultural specific issues that influence the development and implementation of HRM strategy

2. Demonstrate the management skills required in international business to successfully engage and win support from key stakeholders.

Evaluating an International HRM Strategy

In Human resource management, sustainability is used to refer to human resources that foster a conducive working environment and positive human and social outcomes without focusing on financial strategies and results.

For this assessment, you will take the role of a HR manager, taking part in an internal evaluation of your international organisation's sustainable human resource strategy and as a result produce a recommendations report for the HR Director.

Please select an appropriate MNC of your choice and the business will venture into a new market/country of your choice. This new venture would will require you to recommend HR practices, approach, strategies etc. in order to manage the new venture in the host country you have selected.

Your report should highlight the HR Practices as listed below. Your report will analyse any 3(three) of the following HR Practices:

1. Recruitment and Selection

2. Training and Development

3. Reward Management

4. Employee participation and engagement

5. HR Technology

You have to include the following approaches in each of your chosen areas of HR practice:

Please identify how your recommended strategies will impact upon:

a. Organisational Performance

b. Workforce Flexibility

c. Workforce Quality

In addition, the report should include:

Industry Overview– a brief overview of the selected sector for the last five years and its developments and challenges and future sustainability needs.

Your data response should include an analysis, using both qualitative and quantitative data, of the following:

1) Key economic drivers in the Host country

2) A comparative analysis of HR systems globally

3)Organisational issues that influence the development and implementation of HRM strategy (Cross-cultural training, T&D section etc) and the social aspect of the host country in the (PESTLE analysis).

This assignment will assess all of the learning outcomes for this module. Please use the following structure below as a guide to the content in your assignment based upon the learning outcomes being assessed.

The report should cover the following areas:

1. Executive summary

2. Introduction

3. Company profile

4. Overview of the host country

a. Host country profile

b. Industry overview

c. PESTEL analysis

d. Why to go there?

5. HR theories

a. Universalistic, Configurational and Contingency approaches

6. HRM practices (Choose any three of them)

Explain the entire topic characteristics, then apply to these strategies practices

7. How your recommended HRM practices (the selected three) will impact upon:

i. Organisational Performance

ii. Workforce Flexibility

iii. Workforce Quality

8. Conclusion

9. Recommendations

10.References