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Human Resource Management - Essay Example

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Summary
The business world has experienced a massive change as an effect of globalisation, modernisation, internationalisation and technological advancement. The emergence of the international trade and business is one of the most crucial outcomes of these changes and multinational corporations (MNCs) have become a vital phenomena for growth oriented economy and society…
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Human Resource Management
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Download file to see previous pages The expatriate managers has to play a very significant role in the sustainability in foreign market as they have better knowledge regarding the company so that it can able to identify the areas of changes to be incorporated in business unit present in the foreign land (Miles, 1995, p.24). This section will attempt to discuss and present issues faced by a MNC company and to offer a set of plausible recommendation.
Background and Issues Raised in the Case Study
Fidelity Plc is primarily a UK-based IT consultancy MNC, present in a number of countries like France, India, Germany, China etc. From the very beginning of its internationalisation, Fidelity went expanding its business units in foreign count in an unsystematic way causing loose management. It means that Fidelity has failed to assess the necessary factors in foreign markets like cultural differences and internal capabilities like competent managers. Moreover, it has not also offered proper training to its managers for managing the international business units. Noe et al, have identified three necessary assessments for global expansion i.e. organisational, task and person analysis (Noe et al, 2007, p261).
However, the prevailing management of Fidelity has identified three major issues for managing subsidiaries companies. Firstly, it needs to recruit competent managers who are able understand basis needs to organisation and can play a vital role in international business development. ...Download file to see next pagesRead More
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