Globalization has had a profound impact on organizations and HRM practice. As you review the readings on global HRM issues, you’ll observe two areas of focus. First, you will note how talent can be managed effectively in an organization operating across the globe. Keep in mind that shifting from a domestic to a more balanced global position naturally presents some HR challenges along with the opportunities. Second, scholars have explored the variations in HR practices throughout the globe, attempting to identify those which have demonstrated the ability to create and sustain value given the unique settings of various regions or countries. You will see those throughout this week’s resources, as well as in your own research.
As this Project gets underway, consider whether the research on HR practices and their effectiveness in specific countries has implications for the practice of HR in your own home country and for an organization reaching out to global markets. Some scholars will argue the strategic HRM implications for a global organization are not significantly more complex than those facing an exclusively domestic organization. Others will argue the opposite. Either way, consider norms, customs, culture, regulations, and even competition across regions of the globe, then whether you believe global operations present a significant challenge or opportunity to strategic HRM.
Part I of the Final Group Project will be an annotated bibliography
Post an annotated bibliography of 5–7 references relevant to the particular region (Finland).
1. Highlight key strategic HRM challenges and solutions in the region;
2. Describe strategic HRM opportunities in the region;
3. Recommend HRM best practices any organization should consider to achieve a competitive advantage when operating in the region your group researched;
4. Identify future challenges and solutions anticipated in that region.