strategy. There are four choices in policy: the ethnocentric approach‚ the poly-centric approach‚ the geocentric approach and the regiocentric approach. What follows is a shorthand description based on Dowling and Welch (2004) of the four using the same criteria for each approach. You should use these descriptions as the ’skeleton’ of your understanding of the four approaches and use the reading from Hill (2005) to provide the ’flesh’. |Ethnocentric approach |
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Essay «International business strategies and HRM strategies» Made by: Saint-Petersburg 2012 Table of Contents Introduction 3 International Business Strategies 5 Human Resource Management Strategies 8 Conclusion 10 References 11 Introduction Internationalization today is one of the crucial strategies of many companies throughout the world. During the process of going global companies are trying to extend their business on the overseas markets by searching new customers‚ acquiring
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setting up an international operation. Firstly ethnocentric; this policy is adopted by headquarters who sends expatriates to parent country nationals (PCNs) to fill manger positions in host country nationals (HCNs). This approach is based on that subsidiaries can be managed more effectively by expatriates as they are more informed of company’s goals‚ objectives‚ policies and strategies compared to local managers. The Second approach is Polycentric‚ this is where locals which are known as Host country
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served b. size of the firm c. strategy of the firm (moderate‚ page 390) d. management philosophy of the firm 2. Firms using the ____________ approach to staffing fill key managerial positions with persons from headquarters. a. polycentric b. regiocentric c. global d. ethnocentric (moderate‚ page 391) 3. What does PCN stand for? a. personnel coordinating networks b. personnel certifying networks c. parent-country nationals (moderate‚ page 391) d. projected certified needs 4. When a company suffers
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to give its “customers the industry’s most efficient flash storage platform.” In order to better identify which staffing is best fit for Numble’s Storage company we must better understand the four cultural concepts of ethnocentric‚ polycentric‚ regiocentric‚ or geocentric. Ethnocentric “involves staffing the most important positions in the foreign subsidiaries with expatriates from company’s home country”. Expatriates are selected from the current companies country and then transferred to the companies
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cultures. One major problem facing MNCs is that they sometimes attempt to manage across cultures in ways similar to those of their home country. MNC dispositions toward managing across cultures can be characterized as (1) ethnocentric‚ (2) polycentric‚ (3) regiocentric‚ and (4) geocentric. These different approaches shape how companies adapt and adjust to cultural pressures around the world. 2. DISCUSS cross-cultural differences and similarities. One major challenge when dealing with cross-cultural
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that‚ when successfully done‚ it drives the company’s strategy. When poorly done‚ it ruins careers and decreases profitability. Heenan and Perlmutter (1979) have provided four approaches to international staffing: polycentric‚ ethnocentric‚ geocentric and regiocentric. In ethnocentric approach managerial positions are filled by staff from the parent company. Ethnocentrism is based on a belief that the home culture is superior. This means that the organisational culture will mirror that of the home
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The Pros and Cons of International Staffing 1. Introduction There has been a rapid pace of internationalization and globalization over the last decade. Expanding business operations beyond national boundaries while continuing commitment to local markets requires more complex business structures. One of the most critical determinants of an organization ’s success in global ventures is the effective management of its human resources. The purpose of this paper is to summarize the advantages
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useful thanks to their knowledge of foreign market‚ language and needs and they know human resources policies for local employees‚ whereas PCNs have the ability to maintain control (for example with a newly established subsidiary)‚ to adapt an ethnocentric attitude and to process an expatriation management (staffing‚ training‚ compensation). An IHRM system is a product of distinct activities‚ functions and processes that are directed at attracting‚ developing and maintaining the human resources
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international companies/local companies * ethnocentric (home-country oriented) An ethnocentric firm views the business from the perspective and values of the home country. Policies and practices are likely to be designed by home-country nationals with little or no variation for international operations. Ethnocentric oriented international companies believe that anything worked at home must also work abroad. For example: Nissan using ethnocentric orientation during its first few years of exporting
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