Managing Expatriate Assignments
Managing a firm’s human resources represents a key strategic activity in a global business organization. People represent a firm’s most valuable resource. How they are selected, hired, trained, compensated, and retained plays a decisive role in determining how well a business can achieve its dual strategic imperatives of reducing costs while creating added value for customers.
One big part of managing a global workforce is the management of expatriate employees. Chapter 19 of the course text contains information about expatriate failure rates. Expatriate assignments are expensive to maintain, and failed assignments have high costs regarding both financial loss and employee knowledge (Hill, 2022). To avoid failure, corporate HR departments must consider how to prepare the expatriate employee and their family. Review both Chapter 19 of the text and the articles in the resources section below to learn more about this topic.
After reviewing this information, discuss the following:
Discuss three reasons that expatriate assignments often fail.
For each of these three reasons, describe one tool or initiative that a company’s global HRM department could employ to combat the issue.
Explain why it is strategically critical for global HRM departments to consider the needs of the entire expatriate family unit when designing a successful expatriate assignment.
To support your assertions, utilize at least one academically credible research source in your response, both citing it in-text and listing it as a reference at the end of your post.
This assignment will be submitted to Turnitin.
Please refrain from using AI. Thank you.
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