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International HRM - Essay Example

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According to the report human resource management involves in hiring employees and developing them for the benefit of the company. By this process the organizational members become more valuable to the firm. Human resource management accounts wide range of activities. …
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International HRM
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"International HRM"

Download file to see previous pages This paper discusses that earlier the definition of HRM was only limited to hiring and firing of employees. The HRM process of the company only focused on the increasing the productivity of the company by recruiting good employees. After the development of the trade unions the company started focusing more on improving its relationship with the organizational members. Then employee relationship was included in the definition of HRM. In the late 70s the companies started conducting training, implementing appraisal system, organizing welfare activities etc. All of these HRM processes helped the companies to increase their productivity and satisfaction level of their employees. In 1980 communication process was added to the definition of HRM.
In this essay various concepts of International HRM have been discussed. There are many factors which influence IHRM process of a company. For these factors various complexities arises in IHRM which are highlighted in this case. The traditional concept of IHRM has many limitations for which modern theories of IHRM are used in the companies. The role of Globalization in IHRM is also discussed in this essay. The focus of HRM definitions changed with the changing business environment. This is because earlier the companies were only concerned to increase their productivity but gradually they started realizing the value of employees. So they incorporated many new things in the definition of HRM for satisfying the employees and retaining them for long time. ...Download file to see next pagesRead More
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