Human Resource Management in Asia Pacific

Paper Summary:

This paper explains that Asia-Pacific has become a region of hothouse growth, outpacing for the past decade both North America and the Euro Zone in the production of goods and services. It points out that with the march of some Asia-Pacific countries into the ranks of advanced economies and abundant signs that the others lagging behind are soon expected to follow, consumer spending is on the upswing. This paper further explains that due to multi-national level investments, the human resource departments have great challenges when dealing with cross-continent cultural barriers. This paper uses the case study of an Australian-based multinational corporation to understand these issues further.

From the Paper:

"Actually, the vast investment and business opportunities offered by Asia-Pacific to foreign entities have always been there. But many were initially discouraged by the generally enigmatic character of this combined market. MNCs, for example, used to find the Japanese market inhospitable, even impenetrable. As for China, the previous attitude of Saudi Arabia towards that country tells the whole story. Until the 1980s, observed the Brooking Institution in Washington, Saudi Arabia was loathe to sell oil to China because of perceptions that it was a godless, revolutionary threat. Now, foreign investors and MNCs tread into the markets of all the Asia-Pacific countries on a welcome mat, such that the region has outflanked even EU as host to the most number of MNCs . But it would seem that MNCs have to sweat it out first to make their standard management and employment practices work in this region of widely divergent cultures."

More papers on Human Resource Management in Asia Pacific:

• Essay # 27775 : "Human Resource Management in a Call Center"
• Research Paper # 106259 : "Human Resource Management in the Airline Industry"
• Research Paper # 3972 : "Human Resource Management in the 21st Century"

APA Citation:

MLA Citation: