Performance Management - Essay Example

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Performance Management

Therefore, apart from overcoming the barriers such as language, cultural differences and influence of the trade unions, the management needs to concentrate on the matters relating to recruitment of staff, training to the employees, system for appraisal of performance, compensation to employees and maintaining cordial relationship with the employees, because these are the areas where the scope of the management significantly differs with the domestic HRM based on the corporate policies of the company. The paper seeks to study and analyse the international operations and expansion strategies of Mega Widgets, with the ambition of planning to list its company in Australian Stock Exchange in 2014 or 2015, for suggesting improvements in performance management. Organisation Structure The corporate culture at Mega-Widgets has been influenced by the founding family members. The structure of the organization plays an important role in the implementation of its strategies and controls. The decision making process is influenced by the structure of the organization which remains very centralized presently. All expatriate assignments have been individually negotiated by the Newcastle Plant Manager. ...Show more

Summary

Performance Management Introduction The performance management in the context of international human resources management depends upon the structure of the organization, management policies, strategies adopted for expansion and the control mechanisms in place…
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