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Similarities and differences of Domestic Human Resources and Multinational Human Resource policies and practices - Essay Example

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The purpose of this paper is to touch upon concepts of human resource management processes, its kinds, the differences between the two kinds, the salient features associated with each of them, accompanied by the challenges, scenarios and circumstances under which each may be applicable…
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Similarities and differences of Domestic Human Resources and Multinational Human Resource policies and practices
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Download file to see previous pages y The third step would entail the differences between the two The fourth step would comprise of the evaluating assessment The final will provide a conclusion and sum up of overall report and the learning outcome from the entire work. Defining the two concepts: Prior to defining the two major types, it is important understanding and defining the generic manner and purpose for which human resource operations are undertaken. Human resource practices have been in voyage ever since there crept in a realization for the rights of workers and improving the overall working environment that would facilitate more benefits to the organization in terms of profits, customers’ relationship and employees well being (Ehnert, et al., 2013, 119). While each associates to handling and manoeuvring of the manpower and the resources at hand, the two differ with regard to their scope, applicability, resources, practices and outputs desired. These differences may come up in a tangible or intangible manner. Differences between the two modes of Human Resource Management practices: Tangible Differentiating factors: Apart from the scope of each, there are certain specific and tangible differences between the two kinds of human resource practices (Regis, 2008, 163). Multinational practices entail involvement of more than two partners. These partners are most across different set of region and geographical locality. Extent of cluster: The level of subsidiaries between the two icons differ in number with multinational resources involving more complex outlook and more extended subsidized pattern. Geographical consideration: The geographical consideration and factor is of value and distinction between the two forms, for multinational human resource practices, it is vital to understand and implement...
Trainings are an essential component of the global Human resource management processes. Without it any mission is bound to fail based on the lack of experience and firsthand knowledge. Training allows equipping one’s self and mind towards the upcoming challenges, new scenarios, and new circumstance and this in turn, enables successful operations. Investing more in the training domain and providing training on all fronts ranging from technical to non and physical to psychological will help to save a lot of time and money that is otherwise spent on processes that may not yield any substantial output. It is the key and secret to the success of productive global HRM strategies and outcomes. All the major organizations that are operating at mass level across multiple countries and continents have training techniques and procedures in practice that allow the accomplishment of goals in the most desired manner. ...Download file to see next pagesRead More
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