Case Study on International Joint Business Ventures Essay

Words: 2392
Pages: 10

Executive Summary

Attaining global competence when entering into international joint ventures, in order to be successful, is dependent on developing a strategic approach to Human Resource Management (HRM) that ties to Business Strategies and to the overall Organization’s mission, vision, goals and objectives. Through problem analysis of this case, this paper will show evidence that international initiatives must be tailored to implement HR policies and practices that will complement the workforce taking in consideration sensitivity issues internal and external to the home-country, cultural awareness and differences in standards such as education and diversity. It will be stated that remedies that would bring about organizational
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The Director’s commitment to the joint venture was dwindling. Results of his actions led to resignations and an employee driven unionization campaign. The shift to implementation of this latest of strategies is a clear indication of movement toward a more Multinational Strategy. This Exploitive HR Approach tries to standardize human resource practices to ensure consistency to home office policies. It is an attempt to gain control over the host organization. This tried therefore true concept of HR practices would result in organizational stability (pg 301 Strategic HR Resource Planning Book). The danger of such an approach is the lack of fit to the host organizational culture and environment.
In conclusion of this strategy analysis, the parent-country national failed in its strategic approach by not having competent leadership critical to the attainment of the organizational goals and objectives, it failed in planning to fit internal strategies to external factors, and they failed in the adaptation of local HR practices essential to global efficiency. To gain more understanding of the shortcomings that have an impact on the overall adopted HR strategies, we will look more to the practices pertaining to training, compensation, performance and culture that directly affect successful outcomes.
Employee effectiveness is embedded in HR systems and allow for a more productive work environment (pg 33