Human Resource Management Challenges of International Business and Their Possible Solutions
Glazyrina, Mariia (2020)
Glazyrina, Mariia
2020
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2020113025097
https://urn.fi/URN:NBN:fi:amk-2020113025097
Tiivistelmä
The research investigates Human Resource challenges in international business and the approaches that could be applied to address the challenges. The specific objectives that the research sought to investigate included: to determine the major limitations that human resource managers faced in international contexts and to investigate the solutions that could be used to mitigate main limitations of International Human Resource Management (IHRM). A systematic review of the literature was used to obtain the results of the research. The results show that the major challenges that were being experienced in IHRM included: cultural differences, ineffective recruitment and selection of employees, legal risks, career growth and opportunities and business value and ethics. Cross-cultural training of workers, adoption of a global mindset and establishment of an organisational culture that embraced cultural change were identified as the solutions of addressing cultural differences. Designing worker recruitment activities that tested on major aspects of the job description, use of Human Resource Analytics and being non-discriminatory in the recruitment based on such aspects as gender was acknowledged to increase the efficiency of the recruitment and selection process. The challenge of career growth and development was addressed through training and development of employees and the conduction of performance appraisals to ensure that employees were promoted based on merits irrespective of their gender. Arrangement of firm policies with national policies was demonstrated as the main technique of addressing legal risks while training of employees helped human resource managers in Multinational companies to model the values that workers needed to portray. It was concluded that major challenges that were experienced in IHRM could be mitigated through the adoption of the solutions identified in the research.