BUS 432 Chapter Notes - Chapter 11: Global Commons, Human Capital Flight, Management System
11 May 2016
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A: changing environment of global hrm (page 234) Mnes create many of the jobs on which the domestic economies of developing countries are based and can therefore influence work lives in these countries. Brain drain from less developed countries preference given to highly skilled workers for migration, thus draining talent from less developed countries. Although organizations in transition economies are heavily affected by the external influences of the market, the new institutions that are acceptable in their own society will inevitably contain some vestiges of state socialism. Employees under state socialism were encouraged to perceive their relationship with the organization in long term socio-emotional terms that included commitment and loyalty, consistent with the collective interest. The socialist legacy includes a high valuation of social security, general suspicion of organizations, a preference for direct management styles, and a more central (although declining) role of unions. Two issues with regard to organization members in these countries should be noted:
