A report based on an international HRM case study Essay - 1

A report based on an international HRM case study - Essay ExampleTherefore, the senior steering team has asked the human resourcefulness manager to undertake a thorough assessment of the prevailing scenario in the US as well as in the Norse nations in terms of ethnical values, recruitment and training along with payment and reward. Thus, the paper intends to make the required analysis along with providing the senior concern a recommendation regarding the most appropriate location for establishing the manufacturing building block among the US or a Scandinavian nation. delay of Contents Executive Summary 2 Managing human resource efficiently has become a chance upon element in the modern day business context. Organisations nowadays argon providing significant circumstance towards recognising the prevailing context of a foreign nation before commencing their business operations. In this context, understanding cultural aspects of a foreign country is imperative to ascertain tha t diversity management aspect can be maintained by the company efficiently in future. With due consideration to this notion, an electronics manufacturing company has endeavoured to establish its manufacturing unit in either the United States of the States or in a Scandinavian nation. ... 2 Table of Contents 3 Introduction 4 Cultural Values 5 Recruitment and Training 8 Payment and Reward 11 Recommendations and Conclusion 14 References 16 Introduction An electronics company that produces electronic goods for the agile phone industry intends to set up a manufacturing unit either in the United States of America or in any of the Scandinavian countries. Scandinavia comprises five nations namely, Norway, Sweden, Iceland, Denmark and Finland. The purpose of this report is to analyse the human resource policies and practices of these countries in order to make the due changes in the intended manufacturing unit. Recruitment and managing of local employees are among the key responsibilities b estowed upon the human resource manager of the organisation. Thus, a thorough assessment of the existing scenarios in these two societies is a pertinent initiative to proceed appropriately. The various aspects to be considered while making such analysis are the cultural values, the recruitment and training practices of the countries, the payment and rewards system followed by the countries. Values concerning the societies and its importance among the citizens are to be evaluated critically in order to align the work culture of the planned manufacturing unit. The recruitment and training world one of the most important human resource aspects to be followed by a company, the practices pertaining to them are to be adopted by the manufacturing unit in order to run successfully and in compliance with the surrounding. The recruitment and training practices or trends followed by the business units in a country are also of abundant importance in order to