Strategic Human Resource Management

(Barry) #1
Section Two

skills will be shifted to Mexico until its workforce develops
such skills.


From this discussion of international aspects of strategy,
it is evident that companies’ human resource strategies and
policies cannot be developed in isolation to those of global
competitors. Having human resource strategies or policies
superior to those of domestic competitors is no longer
sufficient. Companies must scan the regulatory environments of
countries in which they wish to manufacture and sell their
products in order to determine the human resource
implications. Further, before they decide to locate production
facilities in other countries, they also must understand the
impact of cultural differences on issues as basic as the
compensation mix.^56

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