We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF A MULTINATIONAL COMPANY: - Dissertation Example

Comments (0) Cite this document
Summary
THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCE MANAGEMENT OF A MULTINATIONAL COMPANY: A CASE STUDY OF THE BP OIL CORPORATION Student Number Name of Professor Name of Institution Month, Year TABLE OF CONTENTS TABLE OF CONTENTS 1 EXECUTIVE SUMMARY 2 CHAPTER 1: INTRODUCTION 3 Case Study: BP Oil Corporation 3 Background and Justification 4 Research Objectives 5 Research Questions 6 Hypothesis 6 CHAPTER 2: LITERATURE REVIEW 7 Globalization 7 Strategic Human Resource Management 7 GLOBALIZATION AND SHRM 10 Staffing 10 Training and Development 12 Human Relations and Communication 14 Compensation 15 Skill Management 18 CHAPTER 3: METHODOLOGY 20 Research articles 20 Justification …
Download full paperFile format: .doc, available for editing
Polish This Essay91.4% of users find it useful
THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF A MULTINATIONAL COMPANY:
Read TextPreview

Extract of sample
"THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF A MULTINATIONAL COMPANY:"

Download file to see previous pages The changes in ideology and technology which are associated with the global economy have changed companies especially in their approach to management. BP Oil Exploration Company has also been affected by globalization especially in its strategic management of the human capital. The company has ranked among the top oil companies worldwide due to its strategic management which values its employees and the ability to compete favorably in the global economy. The number of employees in companies has drastically increased due to their response to globalization and hence worldwide expansion. This has necessitated the need for proper strategic management of human resources by multinational companies. There are many economic, political and social cultural effects of globalization on companies. As a result many studies have been conducted to determine how the rise in globalization affects the strategic management of human capital. The analysis of the study findings illustrate that companies are determined to meet the challenges of globalization through effective strategic management of their staff through proper recruitment, compensation, communication, skill and relations management. Six research papers have been analyzed in this Model-B dissertation because of their relevance to the research topic, scope, structure, content and the fact that they are authoritative articles which are based on primary research. The case study is used as a basis for illustrating all aspects and concepts of strategic human resource management and the effect of globalization on this process that companies employ to enable them meet their goals and objectives. CHAPTER 1: INTRODUCTION Case Study: BP Oil Corporation BP is an international oil company whose headquarters are based in London. Among the energy companies, BP is the third largest in the world. This company has a vertical integration and is involved in both oil and gas exploration. In addition, the multinational company deals in energy areas of production, petrochemicals, oil refining, marketing and distribution. The operations of BP are spread all over the world in more than eighty countries. This demonstrates that the company is one of the biggest employers in the world. As a result strategic human management within BP has been impacted by the globalization of world economies which characterize modern day business operations. The approaches applied in staffing of the company and the compensation mechanisms have been influenced by the global economies and therefore vary within its various subsidiaries in different regions of the world. The exploration and production sector of BP Company has been internationalized into more than thirty countries across the world with a human resource of more than 20 000 employees. Globalization is therefore likely to affect the company more than companies which have not been internationalized. The complexity of strategic management of BP’s human resource is due to this international reach which ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF Dissertation”, n.d.)
THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF Dissertation. Retrieved from https://studentshare.org/management/1439667-the-impact-of-globalization-on-strategic-human
(THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF Dissertation)
THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF Dissertation. https://studentshare.org/management/1439667-the-impact-of-globalization-on-strategic-human.
“THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF Dissertation”, n.d. https://studentshare.org/management/1439667-the-impact-of-globalization-on-strategic-human.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The impact of firm resources and host country specific factors on international entry mode strategy
The study operates mainly based on research question which can be stated as follows: what are the effects of the following firm-specific factors (firm size; international business experience and organizational culture) and host country factors (cultural distance; country risk and market attractiveness) on the choice of entry mode of a UK firm into a foreign market?
55 Pages(13750 words)Dissertation
Strategic Management in a Corporate Environment
The objectives of the study are to understand what strategic management is about; under what circumstances knowledge transfer occurs within a strategically managed organization; how strategic management can foster knowledge transfer in an organization and how important strategic management is for knowledge transfer within an organization.
35 Pages(8750 words)Dissertation
The study on Human resources in a digital age
The literature review focuses on the previous studies conducted on the subject and puts forth the views and suggestions of researchers and practitioners. It identifies the way in which information and technology had dominated HR activities in today’s organizations and how they have strengthened competitive position of firms.
40 Pages(10000 words)Dissertation
The Impact of Globalization on the Human Resource Management of Transnational Corporations (TNCs)
This process is mainly facilitated through different transportation and telecommunication infrastructures like the internet which eventually end up creating interdependencies among trading transnational corporations. In regards to this process, the human resource departments found in many transnational corporations typically address issues that relate to the diversity, skills along with qualifications and the demographics of their workers.
7 Pages(1750 words)Dissertation
The culture difference in influencing human resource management on multinational firm: comparison between China and Japan
International managers find that it is not possible to develop theories and models in one part of the world and implement it in another. Cultural differences require a change in approach to implementation of HRM policies and practices. This has become a strategic imperative because people are now considered the greatest assets of an organization.
44 Pages(11000 words)Dissertation
The effect of human resource management on an organisational performance
This study will begin with a brief background study on the topic of human resource management and then a brief overview of Accenture Plc. Thirdly, this chapter will spell out the research problem and thereafter the objectives of the study as well as the research questions. Lastly, this first chapter will state the significance of the study and the scope that it will cover.
10 Pages(2500 words)Dissertation
Strategic Management in Steel Industry
This dissertation reveals technological changes in the production process in the steel industry. In order to run the steel making and the steel selling business profitably-which often is set up at the massive deployment of capital and manpower requiring setting up of large-scale steel plants.
66 Pages(16500 words)Dissertation
Strategic Human Resources Management
The understanding of organization wide impact of human resource development is resulting in this concept exploiting personnel resources to advantage. Strategic human resources management comprises of a number of paradigms. High performance working (HPW) is one which is an emerging model of strategic human resources development.
8 Pages(2000 words)Essay
Globalization and the effects on developing countries and MNCs
Globalization leads to the formation of a big commercial enterprise where the industrialized nations are favored at the expense of other nations, says MacPherson (2001).Today globalization means differently to different people
44 Pages(11000 words)Dissertation
Strategic Financial Management for Global Markets
Strategic analysis in the global structure of finance and management incorporates competition in several industries across national boundaries. Strategic issues in the business domain of financial management are regarded as highly significant in respect to development and growth of firms across the globe.
26 Pages(6500 words)Dissertation
Let us find you another Dissertation on topic THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF A MULTINATIONAL COMPANY: for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us