Multinational Companies and Global Human Resource Strategies Coursework

Multinational Companies and spheric Human Resource Strategies - Coursework ExampleThe expansion into new backup environments across borders presents massive human vision challenges as a business must ensure cultural and managerial opportunity but similarly consider the needs of the new market place. Various international human resource management and staffing policies have been actual to ensure that the internationalization and expansion programs are not affected. Coke Mexico has embraced a number of international staffing policies intimately of which were adopted from the pioneer years of their entry into the Mexi open fire market. At coke Mexico, a mixture of incompatible international staffing policies has been adopted to ensure smooth operation of the company and continuity of its culture and business practices. much(prenominal) staffing policies include ethnocentric, polycentric, geocentric and regiocentric staffing approach all of which are governed by different princi ples. This paper will valuate some of the staffing strategies that coke Mexico has adopted over the years and also review some of the available policies that it can be adapted to ensure continuity and smooth operations. The paper will also provide recommendations on the order of strategic preferences that the company can adapt based on the Mexican situation and business environment. The world has witnessed rapid internationalization and globoseization over the last decade and this has been attributed to the search for new markets and global influence. The expansion of a business entity beyond the domestic boundary while maintaining the commitment to the local market calls for the adoption of complex business structures and strategies (Cooke, 2003). The effective management of human resources is one common determinant of internationalization success and the integration of foreign cultures into the operations of thebusiness.