Human capital

ESSAY: Human capital is a company asset, but it’s not listed on the balance sheet. Human capital is all of the creative skills, knowledge, talents, and abilities that embody employees.

Explain the unique characteristic of human capital for the right fit for International Human Resources Management operations of hiring expatriates.

Define ALL four ERPG Model of ( 1) ethnocentric, (2) geocentric, (3) polycentric, and (4) regio-centric/region-centric staffing approaches with the ability to adapt to different cultures in foreign environments. What are the strategies and challenges?

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Write 4-5 FULL pages of text with 4-5 references in APA Format using the most recent data.

No Wikipedia, BLOGS with ads from yahoo.com or google.com, UKEssay.com; www.buzzle.com; study.com or site that challenge as they present a biased opinion. REFERENCES WILL BE PROVIDED

Requirements: 4-5 pages

Books Chapter 19 mainly. and chapter 9.

References;

Here are references and videos to assist you in understanding the content matter for your research. However, you may still conduct your own research!

Videos and References

Who are BRICS Countries?

Watch Video

YouTube URL: http://www.youtube.com/watch?v=F59fF-xu-bY

USA vs BRICS

Watch Video

YouTube URL: http://www.youtube.com/watch?v=n4LB1ZhLQ80

Influence of BRICS Nations

Watch Video

YouTube URL: http://www.youtube.com/watch?v=R3XxJseMS10

BREXIT Explained

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YouTube URL: http://www.youtube.com/watch?v=NgVhRVrANhA

Trade After Brexit

Watch Video

YouTube URL: http://www.youtube.com/watch?v=CRJev8bWRU8

What Could Brexit Mean?

Watch Video

YouTube URL: http://www.youtube.com/watch?v=EpYrclfgX2I

Managing in a Global HRM

Watch Video

YouTube URL: http://www.youtube.com/watch?v=iFE1s3xJl5o

Managing Global HRM

Watch Video

YouTube URL: http://www.youtube.com/watch?v=COQgJyCpU4A

HR in 21st Century

Watch Video

YouTube URL: http://www.youtube.com/watch?v=ukmC6F0JvQw

Global HRM

Watch Video

YouTube URL: http://www.youtube.com/watch?v=j2As-9nxV4c


References

Harzing. A,. Pudelko. M,. & Reiche. S. (2016). The bridging role of expatriates and inpatriates in knowledge transfer in multinational corporations. Human Resource Management. 55, 679-695.

Hill. C., & Huit. T. (2017). International Business: Competing in the Global Marketplace. McGraw->Hill Education. New York, New York.

Cole. N. & Nesbeth. K. (2014). Why do international assignments fail? International Studies of Management & Organization. 66-79.

Hunt, E. (2014). An HR conundrum: Talent attraction and retention abroad. Baylor Business Review, 32(2), 38-43.

International Recruitment -Ethnocentric approach- Polycentric approach- Regiocentric approach- Geocentric approach. (n.d.). Retrieved from http://www.whatishumanresource.com/international-recruitment

Isidor, R., Schwens, C., & Kabst, R. (2011). Human resource management and early internationalization: is there a leap-frogging in international staffing?. International Journal of Human Resource Management, 22(10), 2167-2184. doi:10.1080/09585192.2011.580186

Popovski, V., Popovska, M. B., & Jovcheska, S. (2014). Factors ranked by expatriate managers for successful implementation of international tasks. Economic Development / Ekonomiski Razvoj, 16(3), 1-12.

Ahmed, F., & Akram, S. (2016). International human resource management: Policies and practices for multinational enterprises. South Asian Journal of Management, 23(2), 154-158. Retrieved from https://search-proquest-com.prx-keiser.lirn.net/do…

Popa, C., Reczey, I., & Quansah, D. (2015). The international human capital and the global competitiveness. Scientific Bulletin “Mircea Cel Batran” Naval Academy, 18(2), 60-63. Retrieved from https://search-proquest-com.prx-keiser.lirn.net/do…

Sekiguchi, T., Jintae Froese, F., & Iguchi, C. (2016). International human resource management of Japanese multinational corporations: challenges and future directions. Asian Business & Management, 15(2), 83-109. doi:http://dx.doi.org.prx-keiser.lirn.net/10.1057/abm….

Zhong, Y., Zhu, C. J., & Zhang, M. M. (2015). The management of Chinese MNEs’expatriates. Journal of Global Mobility, 3(3), 289-302. Retrieved from https://search-proquest-com.prx-keiser.lirn.net/do…

Answer preview

First, they view managers from parent countries to have superior technical, business, and management expertise than locals of their abroad subsidiaries (Isidor, Schwens, & Kabst, 2011). They view training systems abroad as inferior compared to their parent countries. They also see it more comfortable to trust a parent country national than a local national in subsidiaries abroad. Secondly, multilateral organizations adopt an ethnocentric staffing policy approach due to its effectiveness in transferring their headquarters’ culture to foreign subsidiaries’ culture. Besides, the organization views the policy as a means of improving communication between the organization’s headquarters and its subsidiaries abroad.

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Human capital