Global Human Resource Management - Essay Example

Download file to see previous pages... The manner in which an organization will use its resources to achieve competitive advantage in the larger environment is defined by strategies. Formulation of strategies and process of management analyzes opportunities and threats in business and resource breaches. Existing values and philosophy of management will also be analyzed. The success of an organization depends on how strategies are formulated and pursued. These strategies should take advantage of the prospects outside, minimize the effect of threats from outside and capitalize on strengths from inside the organization. An organization that has intentions to expand its operations into the international markets should base on the accurate competence. Right competence is necessary so that the organization is relevant in the international markets. An organization should also understand the target markets priorities together with the challenges involved into the environments of the international markets. In response, the organization should develop strategies that would make it a decipherable player in the international stage. This paper sought to locate to locate the staffing strategies and supporting aspects in internalization of organizations in the automobile industry, using the BMW group as a case study. To sum up, the data analyzed identified various staffing strategies that organizations employ to ensure successful process of internalization. The strategies are market dominance position strategy, business models strategy, mode of entry strategy and opportunism on government policies.
Organizations are about people and not strategy, structures or systems. Organizations adapt their human resource management practices for successful strategies execution so as to survive and grow in the international markets. International human resource field has been a focus of all business organizations and its ...Download file to see next pagesRead More