Thursday, September 12, 2019

International Paper Research Example | Topics and Well Written Essays - 750 words

International - Research Paper Example Besides, it will help the company to build its name and have a good reputation in the eyes of the public. The staffing alternatives to be adopted by the company in a foreign country include the hiring of locals and expatriates both on permanent and contract basis. The employment of the locals is a necessary requirement for all multinationals operating in any country. Since one of our goals will be to create employment opportunities, we will have to engage the locals either as senior managers, junior managers or subordinate staff. On the other hand, expatriates are employees assigned to a foreign country to offer specialized services which may be lacking in the foreign country in which the company has established its subsidiary (Ulrich, 2011). In my opinion, high-quality mentoring system should be a necessity for international assignees. It helps in providing and equipping the expatriates with all the important information that they need to know about their new assignment. It is only through mentoring that assignees can know much about their roles, responsibilities and the challenges that they might experience in the new country in which they are attached. At the same time, mentoring can help in enlightening them on the socio-cultural and political conditions of the new country in which they are to serve (Inkson, K. et al., 2009). Such adequate preparation can help in preparing the assignees to succeed. An example of a high-quality mentoring program should be based on a solid research, be integrated and realistic. This is the only way through which it can cover all the necessary issues to be tackled. As a HRM, I would like to suggest the use of cash flow method to help in measuring my company’s ROI. It is a very simple activity that does not necessarily require a lot of training. If procedurally used as outlined, it can be useful in helping the company to quantify the value of return on its investments on services like advertising which of course, can

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