...Chapter 2 Strategic International Human Resource Management CHAPTER OVERVIEW This chapter is about Strategic International Human Resource Management (SIHRM). While the first chapter described the new global business realities and introduced IHRM, this chapter describes international business strategy and how IHRM supports and enhances the international business strategies of the firm. The chapter starts with a general description of the process of international strategic management and then follows with an explanation of the evolution of international business strategy and describes how IHRM fits into the overall strategic management of the MNE. This includes describing the links of global business strategy to the performance of HR responsibilities in international business and discussing the outcomes that a strategically managed international business might expect from effectively tying together an international business strategy and SIHRM. The chapter then summarizes the findings of research studies on the nature and role of strategic IHRM. LEARNING OBJECTIVES * Describe the development of SIHRM and the process of international strategic management. * Describe the evolution of the MNE in terms of various stages of internationalization and the methods firms use to enter international markets. * Describe the process for developing MNE strategy and IHRM strategy and the relationship between the two. * The extent and nature of research into...
Words: 2870 - Pages: 12
...Agrium has transitioned from a local Calgary based Corporation to a large corporation with an apparent “Global Organization” model. We are interested in understanding how they have grown into a world leader in their industry. We will identify where they started, where they are today in mining and technology, and how they reach consumers all over the world while maintaining their vertical control from their headquarters in Calgary; by analysing Agrium’s history, corporate structure, and three key business units. At the end of this case study we hope other Canadian organizations will adopt the Agrium model when they consider expanding operations globally. Keywords: Agrium, Agro-food, , clusters, global, mining, and vertical integration Table of Contents Introduction.................................................................................................................................................. 1 History .......................................................................................................................................................... 1 Corporate Division ...................................................................................................................................... 2 Governance ............................................................................................................................................. 2 Board of Directors ...................................................................................
Words: 5988 - Pages: 24
...Autodiscover in Exchange 2007 » How to place FSMO and Global Catalog roles in Active Directory During installation of Active Directory on a Windows Server 2000/2003/2008 all FSMO roles will automatically be installed on the first server. But Best Practice dictates to move some of theese Flexible Single Master of Operation (FSMO) roles to seperate servers. If you only have one domain controller (not recommended), there is nothing to do since all roles must be on this server, but if you have multiple servers you should move some of theese roles on to more servers. It is also important to be aware of what servers are Global Catalog servers, especially if you have more than one domain and even if only one domain, they will be prefered by applications like Exchange server. It is recommended to place the forest roles on one Domain Controller (DC) and the domain roles on another server. If not all Domain Controllers are Global Catalog servers, it is also important to place the infrastructure master on a server that is NOT a Global Catalog server. Recommended Best Practice setup of FSMO roles. Domain Controller #1 Place the two forest roles on this server. * Schema Master * Domain Master Domain Controller #2 Place the domain roles on this server. * RID Master * Infrastructure Master * PDC Emulator If more domains exist in the forest, place the domain roles on a server in theese domains like Domain Controller #2 Global Catalog configuration. In Windows 2008 Active Directory...
Words: 10360 - Pages: 42
...Strategic Management | 2. | HMPRBA 302 | Entrepreneurship Development | 3. | HMPRBA 303 | Corporate Governance | 4. | HMPRBA 304 | Management of Public & Private Participation | 5. | HMPRBA 305 | Marketing Research | 6. | HMPRBA 306 | Financial Management | 7. | HMPRBA 307 | Operations & Supply Chain Management | 8. | HMPRBA 308 | Innovation Management | 9. | HMPRBA 309 | Current Business Affairs & Soft Skills | 10. | HMPRBA 310 | Minor Project (8 weeks) & Viva - Voce | HMPRBA-301: Strategic Management The objective of this course is to acquaint students with the concepts, methods and tools of strategic management and their application in industry. UNIT I: Strategic Management-Basic process of strategic management; Benefits and limitations of strategic management; Goals and objectives, Business Vision, Mission and Objectives. UNIT II: Environment and Resources Analysis: Environmental Analysis, Industry and Competitive Analysis, the External Factor Evaluation (EFE) Matrix, Competitive Profile Matrix (CPM), Internal Analysis; Internal Factor Evaluation (IFE) Matrix, Porter’s Five Forces Model, SWOT Analysis and VRIO framework. UNIT III: Strategy Formulation: Porters Value chain - Generic competitive strategies - Portfolio Analysis and its limitation - BCG matrix and GE matrix - Building competitive - advantage for a firm - Strategy versus tactics and making a Strategic Choice - ‘Blue Ocean Strategy’. UNIT IV: Strategy Implementation...
Words: 2945 - Pages: 12
...Corporation General Information 1. Name or corporation: General Motors Corporation 2. Corporate headquarters located in: Detroit, Michigan 3. Fiscal years ends: December 31, 2007 4. Primary products or services of the corporation: Worldwide development, production, and marketing of cars, trucks, and parts. 5. Transfer Agent: GMAC LLC Location of Transfer Agent: Detroit, Michigan 6. See Seasonality Chart 7. Trend of common stock over the last 2 years: Fairly constant. During 4th quarter high price stock increased and low stock price decreased. 8. Stock traded within a narrow range. Internet Information 1. Internet address for General Motors Corporation: www.gm.com 2. Purpose of web site: • Describe the corporation • Publicize recent corporate events • Advertise corporate products • Identify the location of retail sales sites • Publicize corporate citizenship • Provide customer service information • Provide product financing information • Provide employment information 3. Information related to investors: • Operating highlights • Information relating to corporate governance • Stock price information • Press releases • Annual reports • SEC filings • Proxy statements • Investor relations contacts Securities and Exchange Commission’s EDGAR Database 1. Latest Form 10-K: Filed February 29, 2008 2. SIC Code: 3711 3. CIK Number: 0000040730 Primary Financial Statements Income Statement/...
Words: 1440 - Pages: 6
...Operations Management: Processes and Supply Chains Chapter 1 Using Operations to Compete 1) Operations management refers to the direction and control of inputs that transform processes into products and services. Answer: TRUE Reference: Operations and Supply Chain Management Across the Organization Difficulty: Easy Keywords: operations management, inputs, process, transformation 2) As a functional area of a business, Operations translates materials and services into outputs. Answer: TRUE Reference: Operations and Supply Chain Management Across the Organization Difficulty: Easy Keywords: operations management, inputs, process, transformation 3) The three main line functions of any business include Operations, Finance and Marketing. Answer: TRUE Reference: Operations and Supply Chain Management Across the Organization Difficulty: Easy Keywords: operations management, inputs, process, transformation 4) Support functions in an organization include Accounting, Human Resources and Engineering. Answer: TRUE Reference: Operations and Supply Chain Management Across the Organization Difficulty: Easy Keywords: operations management, inputs, process, transformation 5) A process involves transforming inputs into outputs. Answer: TRUE Reference: A Process View Difficulty: Easy Keywords: process, inputs, outputs 6) Inputs to a process can include human resources. Answer: TRUE Reference: A Process View Difficulty: Easy Keywords:...
Words: 6900 - Pages: 28
...for large multinational enterprises. In your answer you should discuss the relationship between strategies and structures and the conditions under which particular strategies and structures are more or less appropriate. You must also use models of strategies and structures as discussed during the course and presented in the textbook. One example of a case could be IBM’s transformation towards a more global model, but you can choose any similar case as long as some information on the case is publicly available. “This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within the contents. I am aware of the University of Warwick regulation concerning plagiarism and collusion. No substantial part(s) of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been done an appropriate reduction in the mark I might otherwise have received will be made.” Table of Contents 1. Introduction 3 1.1 Essay Structure 3 2. The Firm – Huawei – The “Glocalized” MNE 4 2.1 Early Beginnings 4 2.2 The first steps to Internationalization 5 2.3 Entry into Advanced Markets 5 2.4 The Push into the Triad 5 3. Literature Review and Analysis 7 3.1 Strategy and...
Words: 3267 - Pages: 14
...SAMPLE CASE STUDIES – OPERATIONS Case Study 1 Make Versus Buy Case ABC Ltd. is a manufacturing company engaged in the manufacturing of valves. They have been in the business for last 3 years and have been manufacturing only one type of valves. They started their business initially with sales of 10,000 valves per month and now they have grown the volume to about 50,000 valves per month. They have been buying all the raw material for the valve and were doing all the manufacturing in house. Now they have established themselves in the market and are planning to expand and produce different varieties of valves. They have their plant in the main city and the total area of the plant is 50,000 sq. ft. Now if they want to expand and continue doing all the activities of manufacturing of all the varieties in house, they would need another 50,000 sq.ft. of the area. In the recent times, the land prices in the area have more than doubled in the last 3 years and still land is available with great difficulty. Mr. Mohan is the production head of ABC Ltd. and has been successful with the production and the level is continuously increasing. But in recent times, he is facing the problem of quality complaints which have gone up from average 0.2 % in previous 2 years to 0.5 % this year. Also, he is finding that there is a high level of dissatisfaction among the workers regarding workload as well as salary levels. The workers are regularly complaining about the over work. Although...
Words: 2772 - Pages: 12
...Table of Contents Section A. 2 Executive Summary 2 1. What are the capabilities of the XO laptop (especially the latest version, XO-4)? How well-suited is this machine for developing countries? 2 2. How the XO laptop narrows the global digital divide and the potential impact of this machine compared to that of cell phones in developing countries? 4 Section B 5 1. Major factors driving internationalization of businesses. 5 2. Alternative strategies for developing global business 6 3. Using information systems to support different global business strategies. 7 4. Challenges posed by global information systems and management solutions. 8 5. What are the issues and technical alternatives to be considered when developing international information systems? 10 References. 13 Section A. Executive Summary This document aims to explain the system design and hardware blueprint of the XO-4 laptop. While the capabilities of the XO-4 are similar to a regular laptop, it was designed for elementary school children. The primary goal of the hardware design is low-power operation, and for extensive use in developing countries or rural areas where access to classrooms are not always available. 1. What are the capabilities of the XO laptop (especially the latest version, XO-4)? How well-suited is this machine for developing countries? According to wiki.laptop, (2013) the XO-4 are different to other laptops as all components except the keyboard and touchpad...
Words: 4474 - Pages: 18
...UNIT 1 i Introduction to operations management Unit 1 BLC 301/05 Operations Management Introduction to Operations Management ii WAWASAN OPEN UNIVERSITY BLC 301/05 Operations Management COURSE TEAM Course Team Coordinator: Ms. Loo Saw Khuan Content Writer: Dr. Quah Hock Soon Instructional Designer: Ms. Koh Kah Ling Academic Members: Dr. Chuah Poh Lean and Mr. Chong Fook Suan COURSE COORDINATOR Ms. Loo Saw Khuan EXTERNAL COURSE ASSESSOR Associate Professor Dr. Lim Kong Teong, Universiti Utara Malaysia PRODUCTION Editor: Penerbitan Pelangi Sdn. Bhd. In-house Editor: Ms. Koh Kah Ling Graphic Designer: Ms. Audrey Yeong Wawasan Open University is Malaysia’s first private not-for-profit tertiary institution dedicated to adult learners. It is funded by the Wawasan Education Foundation, a tax-exempt entity established by the Malaysian People’s Movement Party (Gerakan) and supported by the Yeap Chor Ee Charitable and Endowment Trusts, other charities, corporations, members of the public and occasional grants from the Government of Malaysia. The course material development of the university is funded by Yeap Chor Ee Charitable and Endowment Trusts. © 2008 Wawasan Open University First revision 2013 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission from...
Words: 16361 - Pages: 66
...Samson H. Chowdhury along with three of his friends as a private firm. It went public in 1991 and is currently listed on the Dhaka Stock Exchange. Square Pharmaceuticals Ltd., the flagship company, is holding the strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and it has been continuously in the 1st position among all national and multinational companies since 1985. Square Pharmaceuticals Ltd. is now on its way to becoming a high performance global player. SQUARE today symbolizes a name – a state of mind. But its journey to the growth and prosperity has been no bed of roses. From the inception in 1958, it has today burgeoned into one of the top line conglomerates in Bangladesh. Square Pharmaceuticals Ltd., the flagship company, is holding the strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and is now on its way to becoming a high performance global player. Chronology since Inception 1. 1958: Debut of Square Pharma as a Partnership Firm. 2. 1964: Converted into a Private Limited Company. 3. 1974: Technical Collaboration with Janssen Pharmaceutica, Belgium, a subsidiary of Johnson and Johnson International, USA. 4. 1982: Licensing Agreement signed with F. Hoffmann-La Roche Ltd., Switzerland. 5. 1985: Achieved first position in the Pharmaceutical Market of Bangladesh among all national and multinational companies. 6. 1987: Pioneer in pharmaceutical export from Bangladesh. 7. 1991: Converted...
Words: 1318 - Pages: 6
...Global business drivers: Aligning information technology to global business strategy by B. Ives S. L. Jarvenpaa R. O. Mason The alignment of worldwide computer-based information systems and integrated business strategies is critical to the success of multinational firms in a highly competitive global market. In this paper, information technology (lIT) solutions are explored that drive firms toward making economic decisions based on worldwide distributed knowledge. These solutions focus on a number of entities (or global business drivers) that identify where a firm can benefit most from the management and application of the technology. A variety of approaches for overcoming the barriers and risks of applying this technology are also discussed. n the forefront of the transition of a firm to a globally coordinated and managed organization is information technology. Information technology can drive the change, be harnessed to it, or rise up as a severe impediment. The chief executive of a major corporation has suggested that "globalization is no longer an objective but an imperative, as markets and geographical barriers become increasingly blurred and even irrelevant." 1 This paper explores how the application of information technology to the transition process can result in successful firms in a global market. Information technology (1fT) can drive a firm toward globalization in a number of ways. Using computer and communications technologies, IBM SYSTEMS JOURNAL, VOL 32...
Words: 12016 - Pages: 49
...MODULE 2 FINAL PROJECT BUNGE LIMITED – COMPANY’S GOAL AND STRATEGY ADOPTED TO ACHIEVE IT. INTRODUCTION A strategic approach in establishing a competitive advantage and sustainable market dominance is always the target of most businesses. Chopra & Meindl (2007, pp.37) stated that: “A company’s competitive strategy defines, relative to its competitors, the set of customer needs that it seeks to satisfy through its products and services”. Bunge has been in existence for nearly two (2) centuries, remained competitive and has grown their businesses from a private enterprise found by a German merchant, Johann Peter Bunge, to a world class firm that is quoted in New York Stock Exchange (NYSE). On its inception at Amsterdam, the firm was involved in grains merchandising and importation from the then Dutch colonies until 1859 when it relocated to Antwerp to become one of the global recognised company in commodity trading; with several operations and businesses in the North and South Americas with distribution capabilities that is spread across the world, Bunge identified facilities as a key driver of supply chain performance as it affects responsiveness and efficiency in market environment (Chopra & Meindl, pp. 64). As the company positioned to become the largest oilseed-processing firm in the globe through acquisition of Cereol in July, 2002; it was faced with the integration of Cereol into Bunge’s business and organizational model, and the dilemma of decentralization of its...
Words: 2365 - Pages: 10
...the internationalization of business? 2. What strategies are available for developing international business? 3. How can information systems support the various international business strategies? 4. What issues should managers address when developing international information systems? 5. What technical alternatives are available for developing global systems? Key Terms The following alphabetical list identifies the key terms discussed in this chapter. The page number for each key term is provided. |Business driver, 499 |International information systems architecture, 499 | |Cooptation, 508 |Legitimacy, 510 | |Core systems, 506 |Multinational, 504 | |Domestic exporter, 503 |Particularism, 502 | |Franchiser, 504 |Transborder data flow, 502 | |Global culture, 500 |Transnational, 504 | Teaching Suggestions The opening vignette, “Paul Hartmann AG Internationalizes with Global Systems,” shows the changes that are necessary...
Words: 4440 - Pages: 18
...| | | |Equivalent Modules Master List |Equivalent courses offered at Aalto University, School Of Economics. | | | | | |Courses offered are subject to changes. | | |Updated information on the courses will be sent to successful candidates by Aalto | | |University, School Of Economics. | | | | | |*The same course can be transferred only as 1 course. | |First Level Modules | | |ACC1006 Accounting Information Systems |International...
Words: 33073 - Pages: 133