Assignment 7A: Global Plan: Human Resources and Summary for Success
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Global Plan: Global Human Resources System and Summary
Gather information on needed personnel for operating an international enterprise (Ch. 5, Ch. 17).
Conclusion/ Summary, as described.
Ideas for Your Consideration:
(TIP: if you need ideas for how to develop your paragraphs, please see below. Each capitalized topic is an idea for a sentence; each question below it is an idea for a detail: “For example,….” Use what you will. You do not have to use all ideas presented below. These are ideas for you to help you write.)
I. (Paragraph 1) Based on the country you are analyzing for your Global Plan, gather information on NEEDED PERSONNEL for operating an international enterprise. In every organization, people are the resource that makes things happen. Without employees and managers an enterprise is nothing more than raw materials, supplies, unfinished goods, and unsold inventory. Consider information related to the following:
1. STAFFING
Identify needed skills of employees and managers. Compare the use of ethnocentric, polycentric, and geocentric approaches to staffing. (Most organizations need employees skilled in clerical work, marketing and sales, and financial planning. Also identify needed technical skills for production, research, and maintenance.)
2. TRAINING AND DEVELOPMENT
List needed topics and instructional methods for ongoing training and management development related to technical skills, interpersonal skills, language, and cultural awareness.
3. PERFORMANCE APPRAISAL
Suggest performance guidelines that would balance organizational goals and individual needs, and which would reflect the cultural and legal situation.
4. COMPENSATION
Determine suggested wages and salary levels for various job positions based on company and country factors. Propose an employee benefits package based on economic and cultural factors.
II. (Paragraph 2) Based on the country you are analyzing for your Global Plan, can you provide a summary—for success? While every business enterprise is primarily concerned with financial success, economic and social influences on the host country should also be considered. Your goal is to determine potential dimensions for measuring YOUR global business success.
Consider information related to the following:
Conclusion/ Summary (one paragraph) – Summarize the answer to your question, the solution to your problem, or the resolution to your issue set forth in your purpose section. This may also contain a recommended course of action to address problems, if any. Suggest potential criteria (see the prompts below, or decide on your own) for your global business accomplishments based on financial results and social contributions – as you have projected or demonstrated.What do you predict for the future? What do you prefer for the future?
1. FINANCIAL GAINS
Identify potential profit levels and other measures of financial success for this global business operation. (Commonly considered measurements of financial success include profits, return on investment, market share, sales growth.)
2. ECONOMIC BENEFITS
Discuss positive economic contributions that this business operation might have for the host country. (Economic benefits may include improved infrastructure, creation of jobs, more efficient use of natural resources, or increased personal income.)
3. SOCIAL BENEFITS
Determine improvements to the country’s society that might result from the company’s global business activities. (Positive social results might include improved employee training, expanded health care and other benefits for workers, or additional housing facilities.)
4. SOCIAL COSTS
Describe the potential drawbacks for the host country that might result from this business venture. (Social costs of global business operations may include pollution, reduction in natural resources, or changes in traditions.)
Resources
Use the recommended links from your text:
Global Edge CyberSite: and also use its “Comparator” tool within “Tools and Data”
Business around the World Atlas
The International Business Library on Pinterest
The Hofstede Centre at to compare the cultural profile of your country of choice with another country.
Please also see The Human Development Index for countries
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