International Human Resource Management (HRM) Strategy Assignment Report Answers

 

No. of Words: 4000

 

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Evaluating an International HRM Strategy

 

In Human resource management, sustainability is used to refer to human resources that foster a conducive working environment and positive human and social outcomes without focusing on financial strategies and results.

 

For this assessment, you will take the role of a HR manager, taking part in an internal evaluation of your international organisation’s sustainable human resource strategy and as a result produce a recommendations report for the HR Director.

 

The MNC to be used is IBM. Your audit is from an ‘HR’ perspective as it is likely that the business will establish a joint venture in the new market which will require some staff to be recruited locally and also the relocation of some expatriate staff from within your organisation to manage the new venture alongside those of your joint venture partner.

 

Your report should highlight the HR functions as listed below. Your report will analyse a minimum of 2(two) and a maximum of 3(three) of the following HR Practices:

 

1. Recruitment and Selection
2. Training and Development
3. Reward Management

 

You have to include the following approaches in each of your chosen areas of HR practice: Please identify how your recommended strategies will impact upon:

 

a. Organisational Performance

b. Employee Commitment

c. Workforce Flexibility

d. Workforce Quality

 

In addition, the report should include:

 

The purpose of the report – a brief overview of the selected sector for the last five years and its developments and challenges and future sustainability needs.

 

This assignment will assess all of the learning outcomes for this module.

 

Your data response should include an analysis, using both qualitative and quantitative data, of the following:

 

• Key economic drivers in the Host country
• A comparative analysis of HR systems globally
• Organisational issues that influence the development and implementation of HRM strategy (Cross-cultural training for expatriates, T&D section) and the social aspect of the host country in the (PESTLE analysis).

 

Please use the following structure below as a guide to the content in your assignment based upon the learning outcomes being assessed.

 

The report should cover the following areas:

1. Executive summary
2. Introduction
3. Company profile
4. Industry drivers
   • Host country profile
   • PESTEL analysis
   • Why to go there?
5. HR theories
   1. Universalistic, Configurational and Contingency approaches
6. HRM strategy (Choose any two of them)

a.  Recruitment and selection

(Explain the entire topic characteristics, then apply to these strategies)

b.  Training and development

(Explain the entire topic characteristics, then apply to these strategies)

c.  Reward management

(Explain the entire topic characteristics, then apply to these strategies)

7. How your recommended HRM strategies (the selected two) will impact upon:
   1. Organisational Performance
   2. Employee Commitment
   3. Workforce Flexibility
   4. Workforce Quality

8. Conclusion
9. Recommendations
10. References

 

 

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