Internationalizaton Strategies for Human Resource Management

Abstract

Nowadays globalization forces companies to go international and enter new markets. All the corporate values and strategies change after internationalization. Human resource management (HRM), as a part of key business functional dimensions, faces a high level of development as well. The aim of the thesis is to build an overview of internationalization strategies and operations for human resource management. The thesis analyses both theoretical and empirical approaches of the topic. The theoretical overview focuses on the concepts of internationalization, strategic and global HRM. The empirical part of the thesis applies qualitative research method in form of semi- structured in-depth interviews with human resource managers of trustworthy global companies. After all the data analyses the paper grounds the new theory about human resource processes and challenges during the internationalization period and gives suggestions on how companies can build global HRM strategies. The results of the research show that there are certain processes and challenges of internal and external environment influence on HRM in internationalization. A company can build effective global HRM if they take into account all the points that must to be considered during internationalization.