Polycentric approach advantages and disadvantages
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Advantages and disadvantages of polycentric approach Advantages In this approach there is familiarity with socio-economic, political and legal environment with business activities that are carried out in the host-country. Also there is a lower cost incurred when recruiting staff as
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INTERNATIONAL HUMAN RESOURCE 4 compared to a firm that uses ethnocentric and geocentric approach. The approach also responds effectively to the demands that are made by the host countries. This approach also provides opportunities to advance and promote local nationals. Disadvantages Polycentric approach experiences a lot of difficulties in exercising effective control over the operations that are carried out in the subsidiaries. There are also difficulties in communicating with the personnel that are based in the home country. The approach also limits mobility of careers for the nationals from the home country and foreign countries. There is also lack of opportunities for the home country’s nationals to achieve international and cross-cultural experience.
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INTERNATIONAL HUMAN RESOURCE 4 compared to a firm that uses ethnocentric and geocentric approach. The approach also responds effectively to the demands that are made by the host countries. This approach also provides opportunities to advance and promote local nationals. Disadvantages Polycentric approach experiences a lot of difficulties in exercising effective control over the operations that are carried out in the subsidiaries. There are also difficulties in communicating with the personnel that are based in the home country. The approach also limits mobility of careers for the nationals from the home country and foreign countries. There is also lack of opportunities for the home country’s nationals to achieve international and cross-cultural experience.
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