McGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-1McGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-2GlobalHumanResourceGlobalHumanResourceManagementManagementGlobalHumanResourceGlobalHumanResourceManagementManagementchapterchapter4McGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-3Integrationoftheworld’seconomiesandtheglobalizationofbusinesscontinueunabatedatthebeginningofthe21stcentury.McGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-4IndicatorsofGlobalizationIndicatorsofGlobalizationInternationaltradeisgrowingatamorerapidratethanworldoutputForeigndirectinvestment(FDI)flowshavesetrecordlevelsinrecentyearsCross-borderinter-firmagreementshaverisendramaticallyduringthelast20yearsSocial,economic,andpoliticaldevelopmentsthroughouttheworldhavechangedthewayglobalbusinessisconductedMcGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-5ThePeopleFactorThePeopleFactorFirmsneedtostrengthentheirpresence,involvement,andrelativepositionsinthedomesticandglobalmarketplaceThiscanbedonebyutilizingtheirglobalhumanresourcesinamannerthathelpsthemestablishandsustaincompetitiveadvantageMcGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-6GlobalHumanResourceManagementGlobalHumanResourceManagement(GHRM)(GHRM)ReferstothepoliciesandpracticesrelatedtomanagingpeopleinaninternationallyorientedorganizationIncludesthesamefunctionsasdomesticHRMTherearemanyuniqueaspectstohumanresourcemanagementintheinternationalorganizationMcGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-7MajorHRMProblemsfortheMajorHRMProblemsfortheInternationalCorporationInternationalCorporation(1of2)(1of2)1.Selectingandtraininglocalmanagers2.Companywideloyaltyandmotivation3.Speakinglocallanguageandunderstandinglocalculture4.Appraisingmanagers’overseasperformance5.Planningsystematicmanagementsuccession6.HiringlocalsalespersonnelMcGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-8MajorHRMProblemsfortheMajorHRMProblemsfortheInternationalCorporationInternationalCorporation(2of2)(2of2)7.Compensatinglocalforeignmanagers8.Hiringandtrainingforeigntechnicalemployees9.SelectingandtrainingAmericanmanagersforoverseas10.Dealingwithforeignunionsandlaborlaws11.Promotingortransferringforeignmanagers12.CompensatingAmericanmanagersforanoverseasassignmentMcGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-9ComparisonofHourlyCompensationComparisonofHourlyCompensationCostsofManufacturingCostsofManufacturing(inU.S.dollars)(inU.S.dollars)$2.46$5.98$12.50$19.86$22.00$0.00$5.00$10.00$15.00$20.00$25.00MexicoTaiwanIrelandUSAJapanMcGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-10TheCulturalNatureofGlobalHRMTheCulturalNatureofGlobalHRMTheculturaldifferencesbetweennationsinfluencetheeffectivenessofHRMpoliciesandpracticesOfcriticalimportance:understandingthesedifferencesensuringthatHRMandtheculturalorientationofworkersarecongruentwithoneanotherMcGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,Inc.Allrightsreserved.4-11Hofstede’sDimensionsofCultureHofstede’sDimensionsofCultureAvoidanceofUncertaintyMasculinityLong-termversusShort-termOrientationIndividualismversusCollectivismPowerDistanceMcGraw-Hill/Irwin©2004TheMcGraw-HillCompanies,In...