Global human resource management lecture 1
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This document provides an overview of topics related to global human resource management. It discusses the purpose of the class, which is to understand managing global human capital and the global HR function. It also lists the top countries by population size. Additionally, it outlines trends in the international division of labor, including routine production services, in-person services, and symbolic-analytic services. Finally, it discusses differences between domestic and international HRM, noting responsibilities for more activities, expertise in employment laws, involvement with expatriate families, and exposure to more problems.
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Global human resource management lecture 1
- 1. GLOBAL HUMAN RESOURCE MANAGEMENT IMBA 552 International Business and HRM
- 4. RANK COUNTRY POPULATION % OF WORLD POPULATION - World 6.7 billion 100% 1 People’s Republic Of China 1.3 billion 19.9% 2 India 1.1 billion 17.04% 3 United States .3 billion 4.57% 4 Indonesia .2 billion 3.47% 5 Brazil .18 billion 3.81% 6 Pakistan .16 billion 2.46%
- 9. Porter’s Diamond (Adapted from Porter:1990) Firm Strategy, Structure and Rivalry Factor Endowments Demand Conditions Related and Supporting Industries COMPETITIVE ADVANTAGE OF NATIONS
- 11. Routine production services Routine production as an employee on an assembly line or supervisory jobs or clerical jobs involving repetitive checks on employees and enforcement of standard operating procedures
- 12. In person services Simple repetitive tasks with little training providing services directly to the consumer, e.g. salespersons, hairdressers, waiters, cleaning staff, receptionists, etc.
- 13. Symbolic-analytic services These jobs require skills in problem solving and problem identification, e.g. engineers, architects, managers, research scientists, etc.
- 14. Zero sum nationalism “ The assumption that there are only two outcomes possible in economic warfare: either we win or they win, so we had better make sure that we win. Countries therefore close their eyes to globalization and try to protect and improve their own position. Government subsidies for deteriorating industries and a renewed interest in protectionism are the hallmarks of this scenario.
- 15. Cosmopolitanism The ideal of free trade is championed. This is not a zero sum game: the world as a whole can improve Through free trade. By making products where they can be made most cheaply, we all benefit in the end. Reich maintains this is the attitude that will most likely determine the future.
- 16. Positive economic nationalism Each nations citizens take primary responsibility for enhancing the capabilities of their countrymen for full and productive lives, but also work with other nationals to ensure that these improvements do not come at others’ expense. This argument provides for free trade with some form of government intervention
- 19. What is Human Resource Management As a field it is about: the understanding, researching, applying and revising all human resource activities in their internal and external contexts as they impact the process of managing human resources in enterprises throughout the global environment to enhance the experience of multiple stakeholders, including investors, customers, employees, partners, suppliers, environment, and society.
Editor's Notes
- Introduction Talk about books, syllabus, web-sites, e.g. UNCtad, UNCD - demonstrate
- Growth in human resource needs
- Emerging new needs
- Discuss definitions Dunnings Eclective theory – transaction cost theory of international production Must meet 3 critieria It must have ownership advantage It should have location advantages It mus have internationalization advantages E.g. technology, managerial, marketing expertise, product differentiation, large size scale economiess, large capital needs
- Factor conditions – Tradtional factors of land, labor, and captial Demand Conditions – Demand in home country market, size and quality of demand Firm Strategy, et.al. goals and strategies can differed between nations Give example of Japanese – in consumer electronics industry
- ¾ of world jobs fall into these categories Routine Production Services often consider basis manufacturing but could include information processing jobs In person services – relativley little training sales people – hair stylists, waiters, etc. Symbolic-analytic jobs Require skills in problem solving and problem identification, e.g. scientisits, engineers, consultants, managers, architects, musicians, etc. Zero Sum Nationalism - Two outcomes to economic warfare either we win or we win, sp we try to protect our economic position Cosmopolitanism – ideal of free trade – the world as a whole can benefit Positive Economic Nationalism – each countries citizens take responsibility for enhancing capabilities of their country men for full and productive lives but also work with other nationalism to ensure these improvements do not come at others expense.