Question

What are specific hrm challenges in a networked firm?

Answer 1

Answer:

Introduction

The transition in economies is posing a challenge in the human resource practices. HR managers are finding difficulties in imbibing cross-cultural differences in their practices. Big multinational organizations are using centralized networking system to manage and control its branches across the border. Globalization has led to worldwide cross cultural exchange of technology, goods, and services. It has created a competitive environment, which has posed major challenge on managing the human resource practices (Armstrong, 2016).

HRM Challenges

Controlling international operations and routines while implementing polices in different countries causes critical issues. The diverse culture has caused high level of complexity in managing the resources as per the local environment. Multinational organization is focusing on utilizing the local people by instilling the company culture through training process.  The aim of realizing the local receptiveness is to value the culture, law, education system.

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