IB 3101 Lecture Notes - Lecture 14: Management Development, Ethnocentrism, Procter & Gamble
17 May 2017
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Week 14 chapter 17 global human resource management. Expatriates: foreign person working in a different country. Activities include: determining human resource strategy, staffing, performance evaluation, management development, compensation, labor relations. Use of expatriate managers: foreign assignments, compensation, training (social / cultural + job, re-orientation. Transnational strategy fits with geocentric staffing. International strategy - fits with ethnocentric staffing. Global standardization fits with ethnocentric staffing. Localization fits with polycentric staffing: must all be the same (cid:523)(rm policies must fit with firm"s strategy(cid:524, hr is responsible for culture, people, incentives and controls. Expatriate failure: the premature return of an expatriate manager to the home country, firms using an ethnocentric or geocentric strategy, u. s. firms have higher expatriate failure rates than either european or. Japanese firms: cost between ,000 - m, american expatriates, main reasons for failure: culturally, 16%-40% fail (developed, 70% fail (developing)
