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EXPLORATION OF HUMAN RESOURCE MANAGEMENT FUNCTIONS FROM AN INTERNATIONAL HRM PERSPECTIVE Vs. DOMESTIC HRM PERSPECTIVE
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| Submitted: Fri Mar 31 2006
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INTRODUCTION "The globalization of business is making it more important than ever to understand how multinational enterprises (MNEs) can operate more effectively. A major component of this understanding appears to be the field of human resource management, and in particular, the field of international human resource management". (Schuler et al. 2002) International Human Resource Management has increasingly been recognized as a central challenge. In today's dynamic hypercompetitive marketplace IHRM has become an evolving phenomenon, reflecting the growing recognition that the effective worldwide management of human resources is arguably a major determinant which makes the difference between survival and extinction in International Business. IHRM focuses on the operation of international firms in host countries. Its ultimate concern is being able to manage strategically in situations which involve crossing national boundaries. According to (Boxhall 1992) IHRM is being "concerned with the human resource problems of multinational firms in foreign subsidiaries (such as expatriate management) or...
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