human resources a global view march 13, 2008 buenos aires, argentina march 13, 2008 buenos aires,...
TRANSCRIPT
Human ResourcesA Global View
Human ResourcesA Global View
March 13, 2008Buenos Aires, Argentina
March 13, 2008Buenos Aires, Argentina
GLOBALIZATIONGLOBALIZATIONTom Friedman book “The World
is Flat”Technology has leveled the
playing fieldEvolution / Adaptation / Change
are necessitiesManagerial and Personal
Competencies necessary to being successful in a variable environment
Tom Friedman book “The World is Flat”
Technology has leveled the playing field
Evolution / Adaptation / Change are necessities
Managerial and Personal Competencies necessary to being successful in a variable environment
CULTURAL VARIABLESCULTURAL VARIABLES One size doesn’t fit all Not only basic cultural understanding, but
understanding of distinct sub cultures and local norms. Statistics show that 30-40% of American companies and ex-pats fail in a foreign country due to their inability to adapt to the local culture.
EXAMPLES:Wal-MartMcDonald’sSundays are regular work days in
the Middle EastMisassumptions and Mixed FeelingsPoor TechnologyPoor Work Ethic Inferior AcademicsAnti-American sentiments
One size doesn’t fit all Not only basic cultural understanding, but
understanding of distinct sub cultures and local norms. Statistics show that 30-40% of American companies and ex-pats fail in a foreign country due to their inability to adapt to the local culture.
EXAMPLES:Wal-MartMcDonald’sSundays are regular work days in
the Middle EastMisassumptions and Mixed FeelingsPoor TechnologyPoor Work Ethic Inferior AcademicsAnti-American sentiments
BUSINESS OPERATING PHILOSOPHY IN FOREIGN
COUNTRIES
BUSINESS OPERATING PHILOSOPHY IN FOREIGN
COUNTRIESNeed for experienced people
LocalEx-PatsTransferees
Need for Managers who speak English
Need for multi-cultural experience
Need for experienced peopleLocalEx-PatsTransferees
Need for Managers who speak English
Need for multi-cultural experience
HUMAN RESOURCE STRATEGIES / TRENDS
HUMAN RESOURCE STRATEGIES / TRENDS
Strategic role of HR in the Company
Business Partner vs. Administrator Increased emphasis on Safety in
the workplaceOutsourcing and Third Party
providersTeam building skills developmentTechnical skills training for skilled
labor (in-house vs tech centers)Managerial or “Executive”
coaching / Succession PlanningTeam Interviewing
Strategic role of HR in the Company
Business Partner vs. Administrator Increased emphasis on Safety in
the workplaceOutsourcing and Third Party
providersTeam building skills developmentTechnical skills training for skilled
labor (in-house vs tech centers)Managerial or “Executive”
coaching / Succession PlanningTeam Interviewing
CompensationSplit Pay Systems - good or
bad?Employee profit Plan (for all
employes)
Example: ENTRY BUDGET MAX
EBITDA 1% 2.5% 3.5%
Is based on Gross EarningsPayments made Quarterly
CompensationSplit Pay Systems - good or
bad?Employee profit Plan (for all
employes)
Example: ENTRY BUDGET MAX
EBITDA 1% 2.5% 3.5%
Is based on Gross EarningsPayments made Quarterly
HUMAN RESOURCE STRATEGIES / TRENDS
HUMAN RESOURCE STRATEGIES / TRENDS
Compensation TrendsSigning BonusesManagement Incentive PlansBonus Banks
Compensation TrendsSigning BonusesManagement Incentive PlansBonus Banks
HUMAN RESOURCE STRATEGIES / TRENDS
HUMAN RESOURCE STRATEGIES / TRENDS
RECRUITING AND SELECTIONRECRUITING AND SELECTIONThe Process and TimelinesEffective Sources / Resources
Posting SitesCompany Web-SitesProfessional AssociationsPrinted AdvertisingUniversities3rd Party RecruitersEmployee Referrals
Pitfalls associated with these resources
“Hot” industries and economic sectors“Most Wanted” professional
competencies
The Process and TimelinesEffective Sources / Resources
Posting SitesCompany Web-SitesProfessional AssociationsPrinted AdvertisingUniversities3rd Party RecruitersEmployee Referrals
Pitfalls associated with these resources
“Hot” industries and economic sectors“Most Wanted” professional
competencies