#3. Approach Towards International Human Resource Management (EPRG Model) in hindi /Models of IHRM скачать в хорошем качестве

#3. Approach Towards International Human Resource Management (EPRG Model) in hindi /Models of IHRM

#3. Approach Towards International Human Resource Management (EPRG Model) in hindi /Models of IHRM #International Human Resource Management #models of international Human Resource Management and their advantage and disadvantage #approaches towards International Human Resource Management and their advantages and disadvantages #ethnocentric approach #polycentric approach #geocentric approach #regiocentric approach #What are the approaches to Ihrm? There are mainly four IHRM approaches. These include ethnocentric approach, polycentric approach, geocentric approach, and regiocentric approach. The suitability of the type of staffing policy adopted by MNEs depends on the strategy used by the company. ##While recruiting people for international operations, the international HR managers must identify the global competitiveness of the potential applicants at the time of the recruiting process. It is essential that the workforce of an international organization is aware of the nuances of international business. International recruitment methods 1. Ethnocentric approach Countries with branches in foreign countries have to decide how to select management level employees. Ethnocentric staffing means to hire management that is of same nationality of parent company. When a company follows the strategy of choosing only from the citizens of the parent country to work in host nations, it is called anethnocentric approach. 2. Polycentric approach When a company adopts the strategy of limiting recruitment to the nationals of the host country (local people), it is called a polycentric approach. The purpose of adopting this approach is to reduce the cost of foreign operations gradually. Even those organizations which initially adopt the ethnocentric approach may eventually switch over lo the polycentric approach. The primary purpose of handing over the management to the local people is to ensure that the company understands the local market conditions, political scenario, cultural and legal requirements better. 3. Geocentric approach When a company adopts the strategy of recruiting the most suitable persons for the positions available in it, irrespective of their nationalities, it is called a geocentric approach. Companies that are truly global in nature adopt this approach since it utilizes a globally integrated business strategy. Since the HR operations are constrained by several factors like political and ethnical factors and government laws, it is difficult to adopt this approach. However, large international companies generally adopt the geocentric strategy with considerable success. 4. Regiocentric Approach The Geocentric Approach is one of the methods of international recruitment where the Multi National Companies recruit the most suitable employee for the job irrespective of their Nationality. The regiocentric approach uses managers from various countries within the geographic regions of business. Although the managers operate relatively independently in the region, they are not normally moved to the company headquarters. The regiocentric approach is adaptable to the company and product strategies. When regional expertise is needed, natives of the region are hired. Thankuu for watching #ugcnet #M.com #commerce #M.com #b.com #+1 #+2 #kurukshetra University, kurukshetra #distance education #email I'd - rinkudhull55@gmail.com #ugcnet #commerce #education #study Please subscribe my channel and support me and share with your friends.,... #Thankuuu soo much for watching 🙏..... #Have a wonderful day 😊 keep supporting me.........