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Development & Implementation of International HR Strategies
It is critical that the firms plan and implement challenging and suitable HR tactics to have success in international market. For effective development and implementation of HR strategies a properly configured approach along with a best fit and practiced approach is followed. The process of development and implementation of HR strategies involves following things:
- Assess Feasibility: Many scholars tell that in order to develop HR strategies, firstly, the firms need to conduct feasibility tests by establishing scanning of inside and outside environment to identify the HR issues influencing the firm and its output in the international market. The scanning also enables the firms analyze their business strategies of the past and to make effective changes to their HR strategies.
- Goal Identification: This step involves identification of goals of HR strategies, so as to incorporate development suitable strategies benefiting the organization. The goal identification helps in significantly reducing HR issues by utilizing different strategies. For instance, if the firm wants to maintain a less price of an article, it must reduce its labor cost. In HR management 11 the strategy mainly focuses on the two points of achieving high performance standards alongside reduction in labor.
- Goals Achievement: Once the environment scan and goal identification have been done, the most apt strategies are executed to achieve the desired objectives and goals. To achieve appropriate results, the firms consider the HR strategies that sync good enough with the design of organization and which can help to develop capabilities and manage performance. In addition to these, HR strategies involving organizational change are also considered for implementation.
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