MGT3IHR : Understand The Important Role of International Human Resource Management (HRM) - Management Assignment Help

Assignment Task:

Task:

SUBJECT INTENDED LEARNING OUTCOMES (SILOS)

Upon successful completion of this subject, you should be able to:

1 Understand the important role of international human resource management (HRM) in multinational organisations

2 Explain the increased recognition of international HRM and the objectives and purposes of international HRM

3 Critically analyse the dynamic nature of national context and emerging trends and disruptive forces in the marketplace and their impact on the management of people in organisations

4 Define a strategic approach to international HRM 5 Compare and contrast theoretical and applied approaches to international HRM

Description of Task According to Whitley (2018), “when it comes to success overseas, many of the country’s [Australia] biggest companies are falling short”. They have “burnt through at least A$6.1 billion in offshore losses and write-downs in less than two years” (Whitley, 2018). Westfarmers, an Australian giant retail conglomerate, recently made headlines when exiting the UK market by selling its Homebase chain for a single British pound (Hatch, 2018). To help Australian businesses do a better job expanding internationally, in groups of no fewer than four (4) and no more than five (5) people, students: 1. Select a large Australian company as defined by Australian Security and Investment Commission (i.e. a company with at least two out of these three characteristics: (1) an annual revenue of more than $25 million; (2) more than 50 employees at the end of the financial year, and (3) consolidated gross assets of more than $12.5 million at the end of the financial year) (ASIC, 2014); and 2. Choose a country as a destination of that business’ international expansion. Each student then identifies and discusses IHRM-related potential challenges/issues (including the impact of relevant emerging trends and disruptive forces in the marketplace) the company might face when expanding into and operating in the destination country, and make recommendations to overcome such challenges using theoretical support from the literature. Students are to limit their discussion to one of the following areas (members of each group MUST choose a different IHRM topic for this Assessment): 1. Culture 2. Recruiting and Selecting Staff for International Assignments 3. International Performance Management 4. International Training and Development 5. International Compensation 6. International Industrial Relations (IIR)

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