June 2011
Intermediate to advanced
378 pages
14h 11m
English
Content preview from Performance Management Systems and StrategiesBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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STRUCTURE AND STRATEGY OF INTERNATIONAL PERFORMANCE MANAGEMENT
International performance management practices are influenced by the parent organization's HR strategy and structure (Ghoshal and Bartlett 1998). Parent organizations pursue the process of internationalization following certain stages. At the initial stage the subsidiaries are considered as extensions, specialized centres, or hubs for cost-effective manufacturing. Therefore, at this first stage, the same human resource management (HRM) policies and strategies continue to be followed (Ghoshal and Bartlett 1993). They tend to be centralized and inflexible. In the second stage, subsidiaries being considered as centres with specialized capabilities (like Germany's pharmaceutical companies’ ...
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