Nobody downloaded yet

Globalization and HRM Strategies - Assignment Example

Comments (0) Cite this document
Summary
The paper tells that a multinational enterprise or multinational corporation is a corporation that is registered or that has operations in more than one country. It says about Sony. Globalization impacts heavily on such multinational enterprises and Sony has been no exception…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
Globalization and HRM Strategies
Read TextPreview

Extract of sample
"Globalization and HRM Strategies"

Download file to see previous pages Technology is a critical tool in competition as it is essential in ensuring quality of goods and services. Though it means increase in production costs of the company, technology as a tool ensures increase in sales and product quality to meet the ever increasing/ growing consumer expectations and taste. Additionally, globalization has seen that a company like Sony improves greatly on its information and knowledge transfer which, much like technology is important in helping the company stay connected and informed of emerging customer preferences. Information therefore enables adaptation to trends and its quick and effective transmission has become vital in customer retention and growth hence. Different cultures of the world have very little effect and impact on Sony and unlike most other multinational corporations, Sony has managed to break the barriers of culture across the globe by producing a wide range of high quality, sophisticated and culturally acceptable goods and services. In addition, Sony’s policy of recruiting from any culture, age, gender and other such barriers puts it in a favorable position for worldwide appeal and acceptance. However, the financial and credit services offered by Sony, for example, may receive negative and little acceptance in other parts of the world. Islam, for instance, strictly forbids the use of usury. In such areas, the company may be viewed in bad light and rejected altogether. This is highly unlikely however as Sony offers a wide range of services and products and if one of them is found to be unpalatable in a certain culture, other products eventually override this ‘dislike’ altogether and firmly establishes Sony in the area. Just like cultures, labor markets are of very...
This paper approves that different cultures of the world have very little effect and impact on Sony and unlike most other multinational corporations, Sony has managed to break the barriers of culture across the globe by producing a wide range of high quality, sophisticated and culturally acceptable goods and services. In addition, Sony’s policy of recruiting from any culture, age, gender and other such barriers puts it in a favorable position for worldwide appeal and acceptance.
According to the paper the human resource department spends much time with the new recruits in bid to get them fully on board with the objectives and strategies of the company and is focused on universal standard employment offering superior working conditions and paying employees their locally relevant wages. Sony also offers management training to promising recruits.
IHRM plays an important role in ensuring productivity of Sony. There are a series of undertakings that the IHRM could pursue to ensure improved productivity and competitiveness of Sony globally. Seminars that serve to enlighten employees further on consumer needs and improve service delivery could be brought on board.
The paper comes to the conclusion that Problem solving groups are essential and swift solution of arising issues or any quarrels act to minimize employee infighting and the distractive and destructive office gossip thus creating the much needed and indispensable harmonious, smooth working environment. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Globalization and HRM Strategies Assignment Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/human-resources/1483115-globalization-and-hrm-strategies
(Globalization and HRM Strategies Assignment Example | Topics and Well Written Essays - 1250 Words)
https://studentshare.org/human-resources/1483115-globalization-and-hrm-strategies.
“Globalization and HRM Strategies Assignment Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/human-resources/1483115-globalization-and-hrm-strategies.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
IKEA's Globalization Strategies
...? IKEA's Globalization Strategies and its Foray in Asia IKEA is one of the largest furniture retailers in the global market known for its best quality designer furniture products rendered at affordable prices. The company Swedish by original now endeavors to take the global market place starting from the European markets and gradually marching to the Asian markets. However in such endeavor the company counters large number of challenges pertaining to cultural differences with the Asian nations like China and Japan. The paper in that regard endeavors to understand and reflect the various challenges faced by the company in such markets and also the strategic actions taken by the company to counter such problems. The paper further... to help in...
19 Pages(4750 words)Essay
Entry Strategies and Globalization
...?The industrial revolution that started in the 19th century changed forever the way business organizations operated in America and abroad. Businesseswere able to increase their production a lot which changed the way companies they distributed their products and services. Companies suddenly had more production available than what the local marketplaces could process. The globalization movement of the 20th century found a solution to the problem by providing businesses with different alternatives to achieve market entry. The four major market entry strategies available to business are indirect and direct export, licensing, joint ventures, and direct investment. The globalization movement...
2 Pages(500 words)Essay
Globalization Strategies
...?During the past sixty years the business world has changed a lot. The globalization movement is one of the primary reasons for the changes. Organizations began to realize that in order to achieve growth firms had to expand beyond their domestic markets. If a country only has a population of one million this implies that the amount of potential customers is limited to the population of the country. A globalization strategy on the other hand allows a firm access to a global customer base of 6.9 billion people (Census, 2011). Firms utilize various market entry strategies to achieve globalization. The four primary market entry...
2 Pages(500 words)Essay
Globalization and HRM Strategies
...? Globalization and HRM Strategies 0 Brief Industry Wal-Mart operates in retail industry and is considered as one of the biggest international retail chains. The global retail industry has gone through a steady transformation, from small foundation to an industry. In the year 2003, the international retail sales were alone accounted for almost 7 trillion USD. The topmost 200 retailing organizations including Wal-Mart catered to 30% of global demand in the year 2003. The retail sales are usually determined by customer’s capacity and enthusiasm to purchase (Anand & Nambiar, n.d.). Size A typical Wal-Mart store covers almost 108,000 square feet of space. The size of Wal-Mart supercentre can be almost 185,000 square feet, and a usual... ). Impact...
4 Pages(1000 words)Research Paper
Globalization and HRM Strategies
...?Running Head: GLOBALIZATION AND HRM STRATEGIES Globalization and HRM Strategies of the of Introduction Wal-Mart Stores, Inc. identified as Wal-Mart, is a U.S. multinational retailer that operates chains of huge cut rate warehouses and department stores. In 2012, it has been enlisted as the world’s third leading public corporation by the Fortune magazine’s Global 500 list. It is one of the world’s biggest private employers, providing employment to over two million people. It is the biggest retail organization in the world. It is a family-owned business, and the Walton family controls the corporation, having a stake of 48% in it. In 1972, Wal-Mart was incepted by Sam Walton; however, the incorporation was done on October 31, 1969... and as...
4 Pages(1000 words)Assignment
Globalization and HRM Strategies
...? Globalization and HRM Strategies Coca-Cola Company is one of the largest beverage companies in the world. It specializes on refreshing consumers with over 500 sparkling and still brands. The company is estimated to value around 15 billion dollar brand including diet coke, sprite, fanta, minute maid, vitamin water, and many more brands (Aswathappa, & Dash,2007). The company is number one in the word in supply of sparkling beverages, ready to drink coffees, and juice drinks. The company has established its branches in over 200 countries across the globe, and it is estimated that the company serves at least 1.7 billion servings per day. About 40% of the company’s revenue is generated from...
4 Pages(1000 words)Essay
Alignment of HRM with Business Strategies
...?Running Head: Alignment of HRM with Business Strategies Alignment of HRM with Business Strategies of HRM is considered as one of the most important functional unit of an organization. Now a days HR is a business partner. It has a key role to play in the long term planning. Therefore the traditional role of HR has kept on evolving as a result of which most of the organizations inducted HR professionals in their strategic planning sections. There are many organizations in USA who have developed competitive advantage based on the quality of human resource. This quality can only be developed when human resource manager is given an active role in the growth...
3 Pages(750 words)Term Paper
Globalization Strategies
...Globalization Strategies Since the rise of the factory, operations managers have always had a great deal of factors to balance to ensure the success of the firm. These factors have only increased with the passage of time, the addition of more competitors, dwindling resources, varying levels of legislation and the rising concerns of a more aware public. Organizations are required to deliver in terms of cost, quality, reliability and flexibility while keeping employees happy, machines operational and delivering products and services when and where the customer wants them at low prices and in a variable range of quantities. As difficult as it can be to balance all of these factors, the rise of the...
14 Pages(3500 words)Essay
HRM STRATEGIES AND PRACTICE
...HRM STRATEGIES AND PRACTICE Organizations are physical ‘structures’, where varied employees with different educational qualifications, skills and experience will accomplish their allocated work under the supervision of a leader, for the organization’s benefit as well as for their personal benefit. These employees will be selected into an organization after following various selection methods. To run an organization successfully without any break, the selection process along with the recruitment function and the staffing process should be effectively followed. For that, the leader or the Human Resource Manager should perform the selection processes whenever there is a need. It is necessary that the leader...
9 Pages(2250 words)Essay
Alignment of HRM and Business Strategies
...Alignment of HRM and Business Strategies Alignment of HRM and Business Strategies Propose how you would ensure the HR strategy is in alignment with the business strategy For the majority of big hotels like the Marriott, the challenge of aligning human resources functions with corporate objectives is very real. One way hotel managers can accomplish this is by basing training programs on the hotel’s business objectives while generating clear-cut stipulations on what is expected of the trainers and trainees in the program. The learning initiatives of all training programs should be in support of the hotel’s objectives and be focused on...
3 Pages(750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Assignment on topic Globalization and HRM Strategies for FREE!
Contact Us