MGT 357 Lecture Notes - Lecture 16: Fasttrack, Organizational Culture, Skype
Document Summary
Chapter 9: staffing, training, and compensation for global operations. Company that is breaking into new markets, with new models and strategy. Company that provides a fast-track training and career path. Used at internationalization stage of strategic expansion, with centralized structure. Inpatriates - managers with global experience who are transferred to the organization"s headquarters country. Can produce a mix of pcn,s hcns, and tcns. Most mncs start form their own pool of managers polycentric or regiocentric policy: Increasing pressure from local governments to hire locals (immigration laws and policies) Intellectual capital, knowledge, skills, understanding and cognitive complexity. Psychological capital, ability to function successfully in host country; acceptance of different culture and desire to learn from new experiences. Social capital, ability to build trusting relationships with local stakeholders. Little support from ihr, 22% had a formal career management in process. 19% had an international assignment candidate pool in place.
