This presentation highlights global pressures faced by companies and what are the variations in global HR practices.It also highlights the do's and don'ts of best global practices
2. Globalization – Many companies have extensive overseas operations. Success depends upon- Marketing & Managing overseas. The capability to become global – key determinant of success of Indian firms.
5. INTER-COUNTRY DIFFERENCES Cultural factors –influence HRM practices & policies. But globalization is blurring national differences in cultures , best depicted by Mc Donald’s. Economic systems- France though a capitalist society- imposed restrictions on- Employers rights to discharge workers. Limited no. of hours an employee can legally work.
6. Legal & Industrial relation factors- - Work councils have there own norms. CODETERMINATION- Employees have legal right to a voice in setting companies policies. - Followed in Germany.
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8. MAKING GLOBAL HR SYSTEM ACCEPTABLE Three best practices :- Global systems are more acceptable in truly global organizations. Investigate pressures to differentiate & determine their legitimacy. Try to work within the context of strong corporate culture.