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The role of International Human Resource Management - Essay Example
One of the few certinties in this uncertin world is the growing influence of interntionliztion on orgniztions, both lrge nd smll. There re incresing numbers of interntionlly operting orgniztions nd interntionlly operting employees. The subject of interntionl humn resource mngement (IHRM) is becoming ever more criticl for more nd more orgniztions.
But for most enterprises including hotel nd hospitlity industry interntionliztion equtes with n incresingly importnt role for IHRM nd necessity to dpt HR prctices to locl needs.
Current pper is n nlysis of Seychelles' HRM in comprison with UK. The study is bsed on the cse of Molten Hotel tht is opening on n islnd Seychelles nd requires recommendtion on HR prctices in order to effectively mnge the locl stff nd rech the profitbility on new mrket.
Molten Hotels is leding UK bsed hospitlity compny, which owns nd mnges hotels round the world, with one of the UK's best know brnd nmes. The compny hs hotels in thirty eight countries nd dependent territories round the world, with its hed office bsed on the Strnd in London, UK. It employs round 50,000 people worldwide, nd is regulrly recognised s n employer of choice. The compny hd totl revenues of just over three billion dollrs worldwide during the 2007 finncil yer, with operting profit of round five hundred million. This put the hotel just below such globl brnd nmes s Hilton nd Mrriott in terms of globl rech, brnd recognition nd finncil performnce.
The first Molten Hotel ws founded in 1758 by John Molten in Mnchester, where it ws known s Mol ...