Case Analysis of Nokia
CHEN Lu
Hong Kong Baptist University
E-mail: chenlu0719@126.com
Performance Appraisal Research on Expatriates of Multinational Enterprises
Introduction
Nowadays, the competition of global business practices is becoming more and more intense, thus having an effective expatriate management system is urgent for every multinational enterprise. In this project I mainly studied the importance and value of good performance appraisal of expatriate. To have a comprehensive understanding of the importance of generating good performance appraisal of expatriates for those multinational enterprises, I use Nokia as an example. Having good performance appraisal system of expatriates is crucial because sending expatriates has become an important coordinate and control mechanism of expanding business worldwide for multinational enterprises. Meanwhile, assigning tasks abroad is also a method to cultivate future leaders for the corporation (Morrison et al., 1992). To gain more profit from the investment of international human resource, the corporation should develop a better expatriate performance appraisal system to guarantee the strategic objectives can be achieved around the world.
Research Findings
The Meaning of Expatriate Performance Appraisal For multinational corporations, performance appraisal of expatriates helps achieve worldwide strategic goals and gain competition advantages. Meanwhile, the result of the appraisal not only supports every decision of expatriate management, i.e., promotion, payroll, dismissal, but also helps the recognition and cultivation of future leaders of the corporation (Mendenhall, 1985).
For expatriates, performance appraisal helps them have a better understanding of the goals and expectations of the company. Through the result, it’s easy to identify the shortfalls in performance and the expatriates will improve and perfect
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