21407 Lecture Notes - Lecture 11: Policy Of Deliberate Ambiguity, Balance Sheet
Document Summary
Polycentric: employing chinese for a company in china. Geocentric: employing german for a company in china. Expatriates: employees assigned to work in another country (ethno/geo) Competency: in employee(cid:495)s area of expertise (cid:523)most important(cid:524) Willingness to adapt: learn about the foreign country(cid:495)s. Ability to communicate: verbally and non-verbally in foreign country (difficult) Flexibility: tolerance of ambiguity and sensitivity to cultural differences. Motivation: to succeed and enjoyment of challenges culture/customs. Prep for departure assignment itself return home. Training/development: should be effective for employees regardless of origin. * decisions about benefits must take into account the laws of each country. 1 involved, as well as employee expectations and values in those countries. Managing: pre-assignment site visit, job orientation, language training. Compensating: balance sheet approach the home country plus extra pay for inconvenience of locating overseas. Involves effort by the global org. to ensure that its expatriates. Adjust manager(cid:495)s pay so that it gives the same std of living as in are (cid:494)made whole(cid:495)
