International Human Resources Management - Human Resources in a Comparative Prespective - Presentation Transcript
International Human Resources Management (Pune, August 08, 2009)
HUMAN RESOURCES IN A COMPARATIVE PERSPECTIVE
PURPOSE OF BUSINESS VALUE CREATION : Proactive Management Actions which generate enhances sustainable value for its stakeholders than what existed before – by adding either to its capabilities or gainig competitive market dvantage , enhances portfolio, advances technological know –how , introduction of new management processes and practices or by Adding to its corporate management and Governance processes.
HUMAN RESOURCES MIMMICKS COMMODITY BEHAVIOUR
TALENT ARBITRAGE
ONE UNIQUE CHARACTERISTIC ABOUT HUMAN RESOURCES AS A FACTOR.
Role of HR in Value Creation
Ensure that there exists a positive facilitative and encouraging climate for the value creation process.
Ensure through programs, systems & process that Talent Acquisition, People Alignment, People Engagement & People Measurement Systems creates and enhances Enterprise Value.
Talent Acquisition People Measurement Engagement People Alignment Climate
TALENT MARKETING
VALUE PROPOSITION – SEGMENTATION
CONSTANT FOCUS ON MARKET
DELIVERY OF VALUE PROPOSITIONS ….. PRODUCT ATTRITION
DIFFERENTIATORS FOR GLOBAL CORPORATE
Diversity
Culture
Value
Socio Economic Realities
Knowledge vs Learning Orientation
Leadership Styles
Competencies
Quality Of Work Life
Rewards
Opportunities For Growth
Company Practices
DIFFERENTIATED ENGAGEMENT DRIVERS:
CONCERNS FOR GLOBAL CORPORATES:
Local vs global practices
Culture and operating beliefs
Laws and Societal Values
Forms of Governments
Workforce characteristics
Business Strategy and Conditions
Management Philosophy
Labour Market Unions
Task Technology
WAY FORWARD SOLUTIONS :
Driving common Mission, Vision and Values
Common Practices
Management through Knowledge Transfer and Best Practices
Ongoing Interactions and Summits
Defining a common Manifesto and growth.
Business Strategy and Conditions
2 : INTERNATIONAL RECRUITMENT AND SELECTION
ECONOMIC SCANNING AND ORGANISATIONAL CAPABILITY
MANPOWER ARCHITECTURE:
Present and future … shifting nature
Tooth to tail ratio
Outsourcing Alternatives
Systems options
IDENTIFYING ORGANISATION’S UNIQUE VALUE PROPOSITION –
National And International
TALENT MARKET SEGMENTATION
INSIGHTS
EMPLOYER BRAND POSITIONING
Thinking - Seasoned Judgment
Strategic Management
Leadership
Interpersonal skills
Communication
Self Management
Depth and Breadth of Technical and Functional Skills
Resource Management
COMPETENCY CLARITY
Thinking - Seasoned Judgment
Strategic Management
Leadership
Interpersonal skills
Communication
Self Management
Depth and Breadth of Technical and Functional Skills
Resource Management
COMPETENCY CLARITY
SEGMENT -WISE SOURCING PLAN
IDENTIFYING INTERNATIONAL TALENT LOCATIONS AS SOURCES
TOTAL REWARD OFFERINGS
INTERNATIONAL COMPENSATION PLANNING
Need For Structured Model And Program
COLI
Housing As A Factor
Education As A Factor
Health / Medical Plan And Insurances.
Hardship Locations Social Security Systems
Conveyances
Returns Trips
Taxation
Repatriation
INTERNATIONAL ASSESSMENT IDENTIFYING METHODS
INTERVIEWS AND CULTURAL / LEGAL REQUIREMENTS
PSYCHO METRICS AND CULTURAL IMPLICATIONS
DESIGNING ASSESSMENT CENTRES
ONBOARDING AND ENCULTURIZING “ On Boarding”… ..building sustainable talent advantage through Alignment and creating organisation value Enculturisation Socialisation Orientation Induction Assimilation 30 days before Joining date 10 days before Joining date First week of Joining 1 month post Joining 2/3 months post Joining Enculturisation Orientation
PLACEMENT AND HAND HOLDING
Competition
Equal Opportunities
Laws and Ratios
Protections
Transfer Abilities
Visas and Work Permits
Religious Implications
LAWS OF LAND
Competition
Equal Opportunities
Laws and Ratios
Protections
Transfer Abilities
Visas and Work Permits
Religious Implications
LAWS OF LAND
3: DEVELOPING INTERNATIONAL STAFF AND MULTINATIONAL TEAMS
ORGANISATION CAPABILTY AND BUILDING A BODY OF BUSINESS KNOWLEDGE
COMPETENCIES , LEVELS AND COMMUNICATION FOR TRANSPERANCY
DEVELOPMENT AS A VALUE PROPOSITION AND BUILDING A LINK TO CAREER GROWTH
LINKING COMPETENCIES TO CAREER LADDERS
Internal / external assessment
Interview / performance anchored
Performance / potential bases
ASSEMENT FOR DEVELOPMENT:
Internal / external assessment
Interview / performance anchored
Performance / potential bases
ASSEMENT FOR DEVELOPMENT: ASSEMENT FOR DEVELOPMENT:
KEY TALENT ACCOUNT MANAGEMENT
4: MANAGING GLOBALLY DIVERSE WORKFORCE
WHY TEAMS HAVING COMMON OBJECTIVES, COMMON GOALS AND A COMMON VISION NEED DIVERSITY Diversity vs divergent
RANGE OF DIVERSITY AT NATIONAL LEVELS:
Gender diversity
Religion
Regional
Local
Ideological
Food habits
Rural vs Urban
Linguistic
Economic
Perspective
Tolerance vs Jingoism
Understanding society
Understanding styles
Food habits
Transactional Behaviors
Understanding cultures
Practices
Values, Beliefs and Rituals
INTERNATIONAL DIVERSITY AND ITS DIMENSIONS
Identifying domains of negotiations
Domains of non negotiation
Developing Transaction sensitivity to acknowledge and accept the divergence.
BELIEFS AND ETHICS HAVE AN INFLUENCING EFFECT
Influencing Performance Management in an organisation.
Influencing Rewards and Compensation
Influencing growth and careers
Influencing training and development
Influencing work life balance
Influencing level of commitment
Influencing Leadership Models and Styles
5 : HUMAN RESOURCES ISSUES IN CROSS BORDER MERGERS AND ACQUISITIONS
HR at the table! Ensuring M&A success
Respondents to the 2006 “Current State of M&A Integration” survey Source: MERGERS & ACQUISITIONS By Timothy J. Galpin During a recent acquisition, we thought that because they were in the same industry and had grown along the pathway we had grown that our cultures would be the same. When we started working on integration, the only two things we had in common were that we sold things to customers and expected to be paid
Defining..… Organization Culture is a collective set of patterns observed through individual and group behaviors indicating “how work gets done” in the value creation process … .the how of “engaging” people in the process of Value Creation HOW THINGS GET DONE AROUND HERE
Cultural Integration is about ….
Adopting a common set of beliefs and terms of “ENGAGEMENT” that explains the cultural environment in which the value creation process is incubated by the enterprise.
Cultural Integration is not about…..
Replicating the acquiring company’s systems and practices in the acquired Company
Forging a common way of doing things by COPYING policies and practices
Insensitive imposition of artifacts and external manifestations of culture
Imposing or merely replicating policies, slogans, brands
The typical Merger and Acquisition deal never realizes full benefits of its intended financial and strategic impact. While M&As can fail for a number of reasons, 70% failures are due to the ‘people’ side of the deal which occurs as a result of the change dynamics created by the merger Harvard Business Review
6: EMERGING TRENDS IN EMPLOYEE RELATIONS AND EMPLOYEE INVOLVEMENT
TRADE UNION AND ROLE
CHANGING BUSINESS ENVIRONMENT AND DIMINISHING REPRESENTATIVE ROLE
FOREIGN DIRECT INVESTMENTS INFLUENCING DE-LEGISLATION
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