Human Resource Policy

Paper Summary:

This paper examines the MNC company's joint venture with a local company in the People's Republic of China. The paper explores how a new human resources department could deal with the challenges of a different cultural environment and a bigger company. The paper discusses the advantages, costs and functions of a new human resource department.

From the Paper:

"The evolution of the market trends, together with the development of technology and the globalization tendency have left an important mark upon the ways in which businesses must be conducted in order to become, and more importantly, to remain successful. Under the circumstances in which companies use a maximum specialization of their resources, it is crucial for any type of organization to embrace a corporate philosophy based on long term strategic planning and pro-active management techniques."

Sample of Sources Used:

• Armstrong, M. 2003, Human resource management practice, (9th ed.), Kogan Page Limited, London
• Becker B, Huselied M. and Ulrich, D, 2001, The HR Scorecard: Linking People, Str ategy, and Performance, Harvard Business School
• Beer, M. & Nohria, N. 2000, Cracking the Code of Change, Harvard Business Review, Havard Business School Press, Boston, Massachusetts
• Gilley, Jerry W, Eggland, Steven, 2002, Principles of Human Resources Development, Perseus Books Group
• Griffin, R.W. 2002, Management, (7th ed.) Houghton Mifflin Company, Boston

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