8. Importance of IHRM
• Unprotected markets due to foreign
competitors
• Large workforce
• Quality workers are must
• Influences on
• Character
• Development
• Productivity
9. Models of IHRM
• Provides an analytical
framework for studying HRM
• Provides a characterization of
HRM that establishes variables
and relationships to be
researched
• Serves to help us in
understanding the world of HR
Practices
• Matching Model
• Harvard Model
• Contextual Model
• 5 P Model
• European Model