August 2011
Hochiminh city, Vietnam Table of Content STRATEGY HUMAN RESOURCE MANAGEMENT CONCEPT AND ITS VITAL ROLE IN AN WORLD-WIDE AND POWERFUL ORGANIZATION: MIRAE ASSET FINANCIAL GROUP 1 About the Organization 3 SHRM in a Changing and Shrinking world: Internationalization of Business and the Role of SHRM for Mirae Asset 5 What is International business? 5 The significance in the growth of multinational companies 5 What is international human resource management? 5 Key Features of Strategic Human Resource Management 6 Integrative Framework of SIHRM in MNCs 7 How “cross-culture” (inter-culture) perspective become important to a MNC and particularly to its SIHRM? 8 Why is SIHRM so important to develop an international organization like Mirae Asset? 8 Strategic Recruitment and Selection: Much ado about nothing? 11 What is Strategic Recruitment and Selection (SR&S)? 11 How Strategic Recruitment and Selection align to the Organization’s missions and plans? 12 Forbes research: What if employee recruitment, retention and training are not aligned with strategy, or that resources are not allocated properly to ensure that the workforce can achieve strategic goals? 12 And what is MIRAE ASSET’s strategic recruitment and selection to conquer its ambition of “being a giant in merging market in terms of asset management”? 14 CONCLUSION: 16
About the Organization
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“As emerging market experts, we contribute to our clients’ successful investment management and help people prepare for a secure retirement.”
Mirae Asset Financial Group is a large independent financial services firm based in Seoul and primarily engaged in asset management, investment banking, and life