1 / 5

Global Human Resource Strategies: Costs, Skills, Supply

Global Human Resource Strategies: Costs, Skills, Supply. Advice for GAWS Bandages Pty. Ltd. Prepared by ManDenMorg Global Consulting Pty. Ltd. Inc. Co. Why Global Strategies?. Australia has a high cost of labour Reduce costs through outsourcing Increase efficiency

naomi
Download Presentation

Global Human Resource Strategies: Costs, Skills, Supply

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Human Resource Strategies: Costs, Skills, Supply Advice for GAWS Bandages Pty. Ltd. Prepared by ManDenMorg Global Consulting Pty. Ltd. Inc. Co.

  2. Why Global Strategies? Australia has a high cost of labour Reduce costs through outsourcing Increase efficiency Increased supply of highly skilled employees

  3. What Considerations Must Be Made? Dependent upon: Business risk Service quality Infrastructure Business regulations Political stability Language skills

  4. Staffing Approaches A business planning on expanding overseas needs to assess which staffing approach to use. These include polycentric, geocentric, and ethnocentric. Polycentric: Using host-country staffing with parent-country staff in corporate management at its headquarters. This helps the company access good market knowledge, is often cost efficient, and satisfies local pressure for employment opportunities. It may limit management for experience for host-country staff however.

  5. Geocentric: A staffing approach that uses the staff with the most appropriate skillset for a particular role and location, and builds a pool of managers with global experience. This can be a complex and expensive policy, however, due to local employment regulations, relocation, and retraining costs. Ethnocentric: An approach that uses parent-country staff in its business. This may limit its ability to interact with customers and learn from overseas markets.

More Related