Management of International Staff

Management of International Staff Description

Over the last few decades, Western multinational corporations (MNCs) have shifted their focus beyond the industrialized world, attempting to capitalize on the growing business opportunities in developing and emerging markets. At the same time, many MNCs from emerging economies have expanded their activities beyond their domestic markets, with companies such as Haier, Embraer, Lenovo, Tata, Vale and Cemex successfully operating on an international scale. To keep up with the increasing global scope of their activities and develop the necessary expertise to compete in foreign markets, MNCs continue to heavily rely on a pool of international talent. In particular, international staffing serves as a crucial mechanism to allocate resources and skills, integrate an MNCA?s network of foreign units and share knowledge.This note deals with several aspects of international staffing in MNCs. First, it reviews different staffing policies and examines the determinants for the choice between host country and parent country nationals. In a second step, the underlying motives for deploying international staff between MNC units are discussed. Third, it reviews alternatives to the traditional expatriation of parent country nationals, including the use of inpatriate, short-term, self-initiated and virtual assignments. Subsequently, the note describes the international assignment process, discussing selection and preparation measures associated with international assignments, cultural adjustment during the assignment, compensation issues, and organizational support upon repatriation. The final section outlines a multidimensional perspective on how to assess the success of international assignments.

Case Description Management of International Staff

Strategic Managment Tools Used in Case Study Analysis of Management of International Staff

STEP 1. Problem Identification in Management of International Staff case study

STEP 2. External Environment Analysis - PESTEL / PEST / STEP Analysis of Management of International Staff case study

STEP 3. Industry Specific / Porter Five Forces Analysis of Management of International Staff case study

STEP 4. Evaluating Alternatives / SWOT Analysis of Management of International Staff case study

STEP 5. Porter Value Chain Analysis / VRIO / VRIN Analysis Management of International Staff case study

STEP 6. Recommendations Management of International Staff case study

STEP 7. Basis of Recommendations for Management of International Staff case study

Case Analysis of Management of International Staff

Management of International Staff is a Harvard Business (HBR) Case Study on Leadership & Managing People , Texas Business School provides HBR case study assignment help for just $9. Texas Business School(TBS) case study solution is based on HBR Case Study Method framework, TBS expertise & global insights. Management of International Staff is designed and drafted in a manner to allow the HBR case study reader to analyze a real-world problem by putting reader into the position of the decision maker. Management of International Staff case study will help professionals, MBA, EMBA, and leaders to develop a broad and clear understanding of casecategory challenges. Management of International Staff will also provide insight into areas such as – wordlist , strategy, leadership, sales and marketing, and negotiations.

Case Study Solutions Background Work

Management of International Staff case study solution is focused on solving the strategic and operational challenges the protagonist of the case is facing. The challenges involve – evaluation of strategic options, key role of Leadership & Managing People, leadership qualities of the protagonist, and dynamics of the external environment. The challenge in front of the protagonist, of Management of International Staff, is to not only build a competitive position of the organization but also to sustain it over a period of time.

Strategic Management Tools Used in Case Study Solution

The Management of International Staff case study solution requires the MBA, EMBA, executive, professional to have a deep understanding of various strategic management tools such as SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.

Texas Business School Approach to Leadership & Managing People Solutions

In the Texas Business School, Management of International Staff case study solution – following strategic tools are used - SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.

We have additionally used the concept of supply chain management and leadership framework to build a comprehensive case study solution for the case – Management of International Staff

Step 1 – Problem Identification of Management of International Staff - Harvard Business School Case Study

The first step to solve HBR Management of International Staff case study solution is to identify the problem present in the case. The problem statement of the case is provided in the beginning of the case where the protagonist is contemplating various options in the face of numerous challenges that Mncs International is facing right now. Even though the problem statement is essentially – “Leadership & Managing People” challenge but it has impacted by others factors such as communication in the organization, uncertainty in the external environment, leadership in Mncs International, style of leadership and organization structure, marketing and sales, organizational behavior, strategy, internal politics, stakeholders priorities and more.

Step 2 – External Environment Analysis

Texas Business School approach of case study analysis – Conclusion, Reasons, Evidences - provides a framework to analyze every HBR case study. It requires conducting robust external environmental analysis to decipher evidences for the reasons presented in the Management of International Staff.

The external environment analysis of Management of International Staff will ensure that we are keeping a tab on the macro-environment factors that are directly and indirectly impacting the business of the firm.

What is PESTEL Analysis? Briefly Explained

PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Management of International Staff case study. PESTEL analysis of " Management of International Staff" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.

How to do PESTEL / PEST / STEP Analysis? What are the components of PESTEL Analysis?

As mentioned above PESTEL Analysis has six elements – political, economic, social, technological, environmental, and legal. All the six elements are explained in context with Management of International Staff macro-environment and how it impacts the businesses of the firm.

How to do PESTEL Analysis for Management of International Staff

To do comprehensive PESTEL analysis of case study – Management of International Staff , we have researched numerous components under the six factors of PESTEL analysis.

Political Factors that Impact Management of International Staff

Political factors impact seven key decision making areas – economic environment, socio-cultural environment, rate of innovation & investment in research & development, environmental laws, legal requirements, and acceptance of new technologies.

Policy Making Impact on Management of International Staff

Government policies have significant impact on the business environment of any country. The firm in “ Management of International Staff ” needs to navigate these policy decisions to create either an edge for itself or reduce the negative impact of the policy as far as possible.

Data safety laws – The countries in which Mncs International is operating, firms are required to store customer data within the premises of the country. Mncs International needs to restructure its IT policies to accommodate these changes. In the EU countries, firms are required to make special provision for privacy issues and other laws.

Competition Regulations – Numerous countries have strong competition laws both regarding the monopoly conditions and day to day fair business practices. Management of International Staff has numerous instances where the competition regulations aspects can be scrutinized.

Import restrictions on products – Before entering the new market, Mncs International in case study Management of International Staff" should look into the import restrictions that may be present in the prospective market.

Export restrictions on products – Apart from direct product export restrictions in field of technology and agriculture, a number of countries also have capital controls. Mncs International in case study “ Management of International Staff ” should look into these export restrictions policies.

Foreign Direct Investment Policies – Government policies favors local companies over international policies, Mncs International in case study “ Management of International Staff ” should understand in minute details regarding the Foreign Direct Investment policies of the prospective market.

Taxation & Regulation Impact on Management of International Staff

Corporate Taxes – The rate of taxes is often used by governments to lure foreign direct investments or increase domestic investment in a certain sector. Corporate taxation can be divided into two categories – taxes on profits and taxes on operations. Taxes on profits number is important for companies that already have a sustainable business model, while taxes on operations is far more significant for companies that are looking to set up new plants or operations.

Tariffs – Chekout how much tariffs the firm needs to pay in the “ Management of International Staff ” case study. The level of tariffs will determine the viability of the business model that the firm is contemplating. If the tariffs are high then it will be extremely difficult to compete with the local competitors. But if the tariffs are between 5-10% then Mncs International can compete against other competitors.

Government Scheme & Subsidies Impact on Management of International Staff

Research and Development Subsidies and Policies – Governments often provide tax breaks and other incentives for companies to innovate in various sectors of priority. Managers at Management of International Staff case study have to assess whether their business can benefit from such government assistance and subsidies.

Consumer protection – Different countries have different consumer protection laws. Managers need to clarify not only the consumer protection laws in advance but also legal implications if the firm fails to meet any of them.

Political System & Stability, and its Impact on Management of International Staff

Political System and Its Implications – Different political systems have different approach to free market and entrepreneurship. Managers need to assess these factors even before entering the market.

Freedom of Press is critical for fair trade and transparency. Countries where freedom of press is not prevalent there are high chances of both political and commercial corruption.

Corruption level – Mncs International needs to assess the level of corruptions both at the official level and at the market level, even before entering a new market. To tackle the menace of corruption – a firm should have a clear SOP that provides managers at each level what to do when they encounter instances of either systematic corruption or bureaucrats looking to take bribes from the firm.

Independence of judiciary – It is critical for fair business practices. If a country doesn’t have independent judiciary then there is no point entry into such a country for business.

Government attitude towards trade unions – Different political systems and government have different attitude towards trade unions and collective bargaining. The firm needs to assess – its comfort dealing with the unions and regulations regarding unions in a given market or industry. If both are on the same page then it makes sense to enter, otherwise it doesn’t.

Economic Factors that Impact Management of International Staff

Social Factors that Impact Management of International Staff

Technological Factors that Impact Management of International Staff

Environmental Factors that Impact Management of International Staff

Legal Factors that Impact Management of International Staff

Step 3 – Industry Specific Analysis

What is Porter Five Forces Analysis

PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Management of International Staff case study. PESTEL analysis of " Management of International Staff" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.

Step 4 – SWOT Analysis / Internal Environment Analysis

Step 5 – Porter Value Chain / VRIO / VRIN Analysis

Step 6 – Evaluating Alternatives & Recommendations

Step 7 – Basis for Recommendations

References :: Management of International Staff case study solution