Introduction
HRM (Human Resource Management) relates to the practices that an entity performs to efficiently leverage its human capital, including proper decision-making company’s human resource policy, personnel, success assessment, organizational growth, benefits, and labor relations.
There seem to be three significant strategies defined inside global companies to conduct staffing work successfully: the polycentric approach, the ethnocentric approach, and the geocentric approach. The ethnocentric method will be extensively and systematically discussed in the paper, and afterward, the benefits and drawbacks of the ethnocentric approach will be described. Combined with evaluating the Hilton Community scenario, we can see that the explanation of why the ethnocentric method to Human resources management for a multinational corporation (MNC) is out is really how a foreign human resources play its role efficiently throughout the global sense.
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Author : Oddylabs |
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