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Evaluating an International HRM Strategy - Essay Example

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The different HR functions such as recruitment and selection, training and development, reward management, performance management and…
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Evaluating an International HRM Strategy
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Evaluating an International HRM Strategy

Download file to see previous pages... Furthermore, the training program should also be designed keeping in view the diverse needs of the new employees. The employees coming from UK to china should be provided training about the Chinese values, culture and language. Furthermore, the Chinese workers should also be encouraged to learn English in order to increase cooperation among the workers. The reward system should also be designed in an effective way in the joint venture keeping in view the individual differences of the employees. Moreover, the performance appraisal system should also be developed in order to evaluate and improve the performance of the employees.
The retail sector has witnessed a tremendous growth and over the years and the number of retailers has increased significantly all around the world. There are not only large retailers operating in the major countries but there has also been a growth of many local retailers which are posing great competition for the large multinationals. Due to globalization, the retail industry has witnessed many changes as most of the retailers have outsourced some or most of their services to the third world countries. Similarly, the retailers have also tried to provide ease to its customers with the use of the advanced technologies. The customers can now place their orders online and get the desired products at their doorstep. Due to the economic downturn of 2008, the behaviour of most of the retailers changed and instead of focusing on quality they preferred those retailers which offered lower prices. This was particularly evident in the UK. In this report, the Human resource management strategies for the joint venture of Tesco and Suning Commerce group will be discussed. Tesco is the leading retailer of UK and third largest retailer of the world (Tesco, 2012). On the contrary, Suning commerce group is the largest retailer of China and also has strong presence in Japan and Hong Kong.There will be ...Download file to see next pagesRead More
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