INTERNATIONAL DIMENSIONS OF HUMAN RESOURCE MANAGEMENT

Cristian Marinaş and Aurel Manolescu
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Cristian Marinaş: Academy of Economic Studies, Bucharest
Aurel Manolescu: Academy of Economic Studies, Bucharest

Theoretical and Applied Economics, 2007, vol. 11(516)(supplement)(vol2), issue 11(516)(supplement)(vol2), 361-366

Abstract: In a global context it is necessary to redefine the role of human resources department that has to offer to high level managers the necessary instruments to react on an international market, which is highly competitive. Speaking about human resources management from an international perspective, it is also important to discuss about the development process of the multinational companies, which are the main way to transfer the managerial know-how between countries and regions. The globalization process is seen as a factor of success that allows the know-how transfer between different management systems. Human resources management becomes the main instrument that assures the competitive advantage for the companies. The strategic decisions of the managers must reflect in a high rate the engagement for people. The strategic role of human resources management is highlighted by the high level of integrating the human resources strategy in the global strategy. The human resources activities must be related with all other processes developed in the companies. Although, globalization is one of the factors that determine the success of multinational companies on a market in a continuous change, the multidimensional character of success generate some problems that organizations must face.

Keywords: multinational companies; globalization process; human resources. (search for similar items in EconPapers)
Date: 2007
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