Approaches To Hr By Multinational Corporations Management Essay

Approaches To Hr By Multinational Corporations Management Essay For better understanding this is important to discuss what a multinational company is in first place. In short words multinational company can be defined as a company or an organization that serves or produce in more than one country is known as multinational company. Other names use for such kind of organizations is Multinational Corporation (MNC), Transnational Corporation (TNC) or Multinational Enterprise (MNE). Multinational organization can be engaged in manufacturing, services or the exploitation of natural resources in the operating countries. Different writers described different definition of multinational companies. According to Moore & Lewis (1999, P. 21) stated that â€Å"an enterprise that engages in foreign direct investment (FDI) and own or controls value – adding activities in more than one country is known as multinational enterprise†. As Jones (1996, p.4) says â€Å"An MNE is usually defined as firm that controls operations or income generating asset s in more than one country.† There is a long list of multinational firms like Sony, Nestle, Wal-Mart Stores, General Motors, Ford Motor, ConocoPhillips Microsoft, Nokia, Toyota Motors, Intel, Coco-Cola, Sony, IBM, Nike and Citigroup etc. Now the main question is about the multinational companies of different origin adopt different approaches of HRM practices. To discuss this section this is really important to discuss the HRM practices in first place, to define what HRM is and then its practices will be discussed throughout this essay step by step, and then practices of HRM in broader context for the MNCs or MNEs. HRM is modern word use in the businesses, which can be defined as â€Å"a model of personnel management that focuses on the individual rather than taking collective approach†. (www.dictionary.bnet.com). As Pennington & Edwards (2000, P. 4) stated that â€Å"Human Resource Management (HRM) is a new way of thinking about how people should be managed as employee s in the workplace†. It can be classified into two schools of thoughts.i.e. Hard HRM & Soft HRM. Both types of HRM are under studies of different authors in detail. Now to concentrate on the question directly a survey is going to be under studies â€Å"Country of origin effects and HRM in multinational companies† which took place in 2007 by P. Edwards et al. In which he discussed 302 UK based multinational companies, which cover both UK – owned and overseas – owned companies. This study will play an important part in the essay to get the conclusion either multinational companies of different nationalities have different HRM approaches and practices or not. 2- Challenges in multinationals According to Brett, Jeanne & Kristin, 2006, international business’s nature is going under a sea change. The globalisation, multi-nationalisation, and the geographical diversification is pushing companies towards change in their management structure and style. Multi nationals now need to consider regional market conditions and develop strategies to cater to each of the regional markets. 2.1- Culture shock Culture shock is the big challenge for multinationals, the difference brings the different thinking ways and working ways, and it needs time to adjust it. In most cases the expatriate manager prefer to emphasize and require the home office or home country values on the host country’s employees instead of accepting and learning within the new culture. (Adler, 2002)

Description of the Market and Market Metrics Essay

Description of the Market and Market Metrics - Essay Example The SMEs chosen for the product are located in good numbers and they may require this product to have better communication with their partners and clients. The government organizations have been chosen, to convince the authorities who will recommend or approve the products usage. This will help in promoting the product among government and the related organizations. Large corporate organizations in the Rift Valley Region need to reduce their running costs and one of the ways they can do so is by having a reliable and cost effective means of doing their regular essential forms of business communication. Capturing this market will increase the product value and make it more sellable. The fourth market chosen is the education sector. It has been chosen as a target market as one of the ways to help the government achieve its goals on education for all (EFA) by taking e-learning to their homes. SMEs have been chosen as one of the targeted markets because the Rift Valley Region of Kenya is the largest and one of the most economically vibrant provinces. It has a good number of Small and Medium Enterprises running businesses in this area. The government of Kenya has good intentions in advancing it’s style of working. It intends to adapt to more technological methods that will enhance the speed, quality and reliability of work between its various offices. Thus the Kenyan government could extend a warm welcome to this new Telecon software which is capable of revolutionizing the working system of the government authorities. The large corporate organizations present in the Rift valley region are situated sparsely and they need new technologies to improve their performance. The are corporate with good financial background, they intend to increase their profit with the aid of new communication methods like Telecon. In the

Hitler Research Paper Example | Topics and Well Written Essays - 750 words

Hitler - Research Paper Example During his time in jail for the failed coup, he wrote a memoir, titled â€Å"my struggle† and after release in 1924 gained a lot of popular support for his attacks on The treaty of Versailles and the promotion of anti-Semitism, Pan-Germany agenda and anti communism (Giblin, p 12). It is this initial support that was a beginning to his consolidation of power and elevation as the supreme leader of Nazi Germany. His career as a decorated war veteran and an intelligence officer gave him an opportunity to acquire crucial information on soldiers and the German worker Party (DAP) and served as a platform to prepare him for the huge task of uniting Germans around a cause, however evil. While at the DAP, Hitler got the chance to meet several influential people who later had a significant input on his ideologies and opinion among them Dietrich Eckart, a member of Thule Society, an occult organization that shared Nazi ideologies that were later implemented by Hitler in his quest for world dominance (Gonen, p 88). Hitler’s ideologies The ideologies of Adolf Hitler were threefold, social, political and social. On the social front, he believed in Germany for Germans and no other. To this effect, only bona fide members of the country were to be the states’ citizens and ‘foreigners’, which included Jews, Gypsies and others, were to be eradicated. Jews were to be eradicated by turning people against them (anti-Semitism). All Germans were to be mentally and physically healthy and therefore people with mental and physical disabilities were to be completely eradicated. Those who destroyed the Nazi’s common interests were also to be fought (Haynes, p53).