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
GRAB THE BEST PAPER98.3% 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
Strategic management of human resources management
... GIC HUMAN RESOURCE MANAGEMENT Human resource management- It is the process of attracting, developing and maintaining a talented and energetic workforce to support organisational missions, objectives and strategies. Human resource management involves three key activities, (a). Attracting a quality work force. (b). Developing a quality work force. (c). Maintaining a quality work force. (Schermerhorn, J. (1999) Management.) Strategic human resource management (SHRM) involves linking the human resource functions with the strategic goals of the organisation. Human resource managers need to maintain good relationships within the organisation so as to improve performance and maintain talented employees. Strategic management takes... of...
6 Pages(1500 words)Essay
Strategic Human Resources Management Essay
...focuses on techniques used by managers to implement their strategies. In particular, it refers to activities that deal with leadership styles, structure of organization, information and control systems and the management of human resources. Leadership is the most important and difficult part of strategic implementation process. Strategy evaluation determines what extent the actual change and performance match desired change and performance. Basing on Bench Hill and Sons Bench hill and sons is pursuing a cost leadership strategy. It will reduce its cost because it enjoys economics of scale. That is it buys its inputs in bulk and such inputs are...
20 Pages(5000 words)Essay
Strategic Human Resources Management
...) is one which is an emerging model of strategic human resources development. The case study of South African Breweries (SAB) is an ideal model of organizational development through focus on human resources development to achieve the company's vision. (Johnson, 2000). The alignment of the company's vision with performance enhancement and innovation led to overall development of the organization. Planning and structuring of programme of human resources development formed the focal point to achieve growth globally in an environment which was in a state of flux in South...
8 Pages(2000 words)Essay
Strategic Management of Human Resources
... encourage operating units to define their own strategy- based on local market conditions, operating technologies, and resources- to deliver on high level strategic themes. In the above case partnership was seen as a way to ensure survival of organization and actually sustain it. Defining strategic objectives and outcomes is in line with the SHRM approach to organization effectiveness. Identifying common values for both management and employees was indicative of a more conducive culture to work environment. The SHRM philiosophy of how the company treats its employees impacts achievement of organizational goals is seen in practice here. like HR, IT, Finance and purchasing to strategic partners with the line operating units... 1 Strengths...
21 Pages(5250 words)Essay
Strategic Management of Human Resources
...to be holistic in order to notice and correct problems. For developmental activity to be deemed strategic organizations need to shift the focus from training to a learning approach. Discuss this proposition in the context of development activity supporting individual and organizational change It is true that strategic organizations need to shift the focus from training to a learning approach. Learning and development effect performance that is frequently asserted to be the area of human resource management which can make the greatest impact on organizational performance (Philpott and Sheppard 1992). The role of HR...
24 Pages(6000 words)Essay
Strategic Management of Human Resources
...STRATEGIC MANAGEMENT OF HUMAN RESOURCES Creating A Performance Culture In Organizations For Success (Degree for which this dissertation is being submitted) Submitted in part fulfillment of the Date of Submission Creating A Performance Culture In Organizations For Success Introduction Organization culture depends basically on its history, technology, industry, custom and practice, leadership style organization structure etc. All organizations are unique and therefore have unique cultures. However, if one examines the attributes of the majority of industrial organizations, there are a number of traits that are seen as desirable for effective organization (Ahuja, 2005, p.825) The new key to business success is a culture... from...
8 Pages(2000 words)Essay
Strategic Human Resources Management
...of Sunderland, n.d.: p. 249) Increase Flexibility, Competent Skills, and Quality Performance of Each Employee In relation to globalization and tigher competition in the market, employees that are capable of performing multi-tasking has become very important today. When it comes to challenges related to the need to make the organization more flexible, increase employees’ competence in terms of their acquired skills, and improve the quality performance of each employee; human resource managers who works in a company should adopt the competence / skill-related pay in order to reward employees who has the knowledge and a special technical expertise needed...
12 Pages(3000 words)Essay
Strategic Human Resources Management
... highlights McDonald’s combination of these approaches to suit the dynamic global needs of the organization. (2007, p. 142) Recruitment and cost advantage Boxall, Purcell & Wright (2007, p. 276) lay down the five conditions that the recruitment function should satisfy in order to make a positive contribution on organizational performance. 1. labor cost efficiency with a spill-over effect of enhanced customer perception 2. identify and tap rare talent 3. adopted set of unique recruitment tactics to manage the demand supply differential 4. the unique tactics are difficult to substitute by competition and provide an edge 5. recruitment aligned with other HR practices to provide an integrated human resource management solution... way gave rise...
10 Pages(2500 words)Assignment
Strategic Management of Human Resources
...HUMAN RESOURCE MANAGEMENT BY COLLEGE PRESENTED TO (799 words) Human Resource Management Small and medium scale enterprises are today faced with insurmountable tasks of competing with developed organisations possessing sophisticated skills and expertise. This has led many small scale organisations to fail or slow down their growth due to lack of the right approaches and skills to maneuver the cut throat competition in the market (Stone, 2010). As a result, knowledge management has become the single most strategic intent, and learning the strategic tool such as management...
3 Pages(750 words)Essay
Strategic Management of Human Resources
...STRATEGIC HUMAN RESOURCES MANAGEMENT BY COLLEGE PRESENTED TO Employee Engagement Introduction Employee engagement refers to the commitment that employees portray to the organisation and its objectives (Krose, 2012). Research indicates that engaged employees may result in a 6% increase in the net profit margins, and engaged companies may have over five times more shareholder returns over a five year period compared to non-engaged companies (Krose, 2012). Therefore, for Grant Pharmaceuticals to realise the best potential of its employees, there is a need to adhere to employee engagement strategies, which would motivate the employees to go the extra mile towards meeting the organisational goals. Discussion An important milestone... in...
6 Pages(1500 words)Essay
sponsored ads
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.
Let us find you another Dissertation on topic THE IMPACT OF GLOBALIZATION ON STRATEGIC HUMAN RESOURCES MANAGEMENT OF A MULTINATIONAL COMPANY: for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us