Book contents
- Frontmatter
- Contents
- List of figures
- List of tables
- List of boxes
- Preface
- 1 Introduction
- 2 Look before you leap
- 3 Manage guanxi strategically
- 4 Select an entry mode
- 5 Form an alliance
- 6 Negotiating with Chinese partners
- 7 Production operations management
- 8 Marketing management
- 9 Human resource management
- 10 The protection of intellectual property rights
- 11 Corporate finance considerations
- References
- Index
- References
9 - Human resource management
Published online by Cambridge University Press: 05 June 2012
- Frontmatter
- Contents
- List of figures
- List of tables
- List of boxes
- Preface
- 1 Introduction
- 2 Look before you leap
- 3 Manage guanxi strategically
- 4 Select an entry mode
- 5 Form an alliance
- 6 Negotiating with Chinese partners
- 7 Production operations management
- 8 Marketing management
- 9 Human resource management
- 10 The protection of intellectual property rights
- 11 Corporate finance considerations
- References
- Index
- References
Summary
The strategic role of human resource management is complex in a domestic firm, but it is more complex in an international business, where staffing, management development, performance evaluation, and compensation activities are complicated by profound differences in labour, markets, culture, legal systems, economic systems, and the like (Charles W. L. Hill (2003, p. 458)).
All business activities, no matter whether negotiation, production or marketing, have to be carried out by people in a business organization. People are, therefore, valuable assets or human resources, and should be properly managed. Human resource management is about how to use human resources effectively and efficiently in an organization. As people are different from machines or products, in the sense that they can think and feel, managing people is probably the most difficult task that a company undertakes. HRM has to deal with many complex issues, such as how to recruit employees, how to retain them and how to motivate them. The complexity of these issues is exacerbated in an international setting, where a company has to manage human resources in an environment different from that at home. A transnational corporation needs to learn how to manage its human resources efficiently and effectively in the different countries in which it operates. The aim of this chapter is to analyse the main challenges faced by TNCs in human resource management in China, and the various approaches to dealing with these challenges.
- Type
- Chapter
- Information
- Managing International Business in China , pp. 202 - 228Publisher: Cambridge University PressPrint publication year: 2007