Recommendations For International Expatriate Assignments

Recommendations for International Expatriate Assignments Ted Liu Many company organisations are globalized due to foreign direct investment and decrease in trade barrier between countries, the number of expatriate assignments start to increase. Many specialists from different specializations are starting to working overseas, cultural shock and adaption to other countries are often unavoidable and can be difficult to cope with. This essay will explore and recommend approaches that company can take to help expatriate assignments to be successful. It has been a myth that the rate of failure for expatriate assignment is very high. From previous researches, there are many way of measuring expatriate assignment, Harzing (2004) concluded that the failure is simply the early return from expatriate assignment. Other researches also showing that the definition of failure should not be just early return from expatriate assignment but also lack of ability to adapt and learn new things in order to meet required performance Survey have been done for international companies mainly in the United States and America based showing 7% of expatriate assignment failure (GMAC, NFTC and SHRM, 2004, p,50). Other data from 1970s indicated that the recall rates are between 10% to 20 %, in some companies, 20% to 40% were overserved (Hofstede, 2001). Cost of expatriate assignment can be expensive, the direct cost and indirect cost can cost a company between $125,000 to $250,000 (Cole,Show MoreRelatedDesigning A Sales Subsidiary Structure1710 Words   |  7 Pagesthe balance sheet approach in international compensation. Finally, in international performance management, I listed several issues need to be concerned and suggested adopt not ‘TCN role conception’ but ‘PCN role conception’. Introduction The main object of this portfolio is to provide the board with useful advice for Winch-It to develop an international business. Since they are uncertain of what type of organizational structure they would build for international operations and what country toRead MoreEssay about bus 325 assignment 21133 Words   |  5 Pagesï » ¿ Assignment 2: International Assignments BUS 325 Summer 2014 1. Determine four to six (4-6) components that the pre-departure training will need to cover. Provide a rationale for the use of using the training components in question. The four components that pre-departure training will need to cover are cultural awareness training, preliminary visits, language instruction, and assistance with practical, day to day matters . A well-designed cultural awareness trainingRead MoreWhy Do Many Mncs Continue to Recruit Internally from the Home Country Instead of the Local Labour Market When Seeking to Hire Managerial Staff for Overseas Subsidiaries? What Are the Limitations of This Approach and How1533 Words   |  7 Pagesapproach in various aspects of the process. These limitations are associated with the failure of the international assignments and are addressed in this paper in order to deduce comprehensive suggestions for management that will minimise or at least reduce the risk of failure, that the hiring of PCNs at overseas subsidiaries pose. The choice of hiring a PCN instead of a HCN for an assignment in a foreign country can be defined as the ethnocentric approach to recruitment. It uses PCNs, the majorityRead MoreSpanning the Globe1717 Words   |  7 Pagesinput and output manufacturing firm with its head office in San Antonio. After its establishment in the 1970s, they have over 5 production facilities, 3 research and new product development facilities over the world. Additionally, they have 7 international sales, distribution and customer service centers universally but mainly concentrated in Asia. Below is a brief company and employee history to aid with the case study analysis. The first step in identifying the various challenges faced by Tex-MarkRead MorePerformance Compensation Management Annotated Bibliography1213 Words   |  5 PagesO’Sullivan, A. O’Sullivan, S.L., 2008, ‘The performance challenges of expatriate supplier teams: a multi-firm case study’, The International Journal of Human Resource Management, Vol. 19, No. 6, pp. 999-1017. This article is about the performance management of team based international assignments and how they should be managed differently from individual expatriate assignments. The article covers some key areas that expatriate teams face including: technical (i.e. task related) performance requirements;Read MoreExpatriate Training3280 Words   |  14 PagesTHE 21ST CENTURY OFFERS MANY ALTERNATIVES TO THE TRADITIONAL CONCEPT OF ENGAGING IN THE EXPENSIVE AND FRAUGHT RIDDEN ACTIONS ASSOCIATED WITH EXPATRIATE STAFF. CRITICALLY EVALUATE THIS ISSUE GIVING YOUR RECOMMENDATIONS TO AN ORGANISATION CONSIDERING ABANDONING ITS EXPATRIATE PROGRAMME, CITING APPROPRIATE MODELS AND EXAMPLES TO SUPPORT YOUR KEY ARGUMENTS. INTRODUCTION The world economy is moving away from the traditional economic system where national markets were considered as distinct entitiesRead MoreManaging International Staff2990 Words   |  12 PagesTOPIC 1 INTERNATIONAL STAFFING IN A MALAYSIAN MULTINATIONAL ( PROTON ) MANAGING PEOPLE IN MULTINATIONAL ORGANISATIONS TBS 981 MASTER OF INTERNATIONAL BUSINESS SYDNEY BUSINESS SCHOOL – INTI CAMPUS PREPADED BY: Yeow Sin Kah (4785149) LECTURER: Dr. Peter McLean SUBMISSION DATE: October 19, 2014 Executive Summary This report examines and evaluates various topics concerning the difficulty of international staffing. We aim to provide a holistic guideline and report that can aid and assistRead MoreThe Challenges Associated With An International Assignment1995 Words   |  8 PagesGalbraith (1977) define expatriates as â€Å"Individuals who irrespective of their national origin are transferred outside their native country to another country specifically for employment purposes†. Cohen (1977) also defines expatriates as a voluntary and temporal migration of a person abroad for specific purposes with an ultimate return to his or her country. Multinational countries looking for uniformity across their subsidiaries send out expatriates in order to act as international managers to manageRead MoreWinch-it Pty. Ltd: Company Analysis2804 Words   |  12 PagesAs the board have agreed to go international, there are many International Human Resource Management aspects to be taken into consideration before Winch-it Pty. Ltd expands their business. There are several areas of interest to be analysed that requires specific attention to assist in commencing an international operation. The five main areas of interest that are analysed covers: the organisational context, the staffing context, recruitment and selection, international compensation and performanceRead MoreSolvay Group Analysis Essay2538 Words   |  11 PagesQuestion 1 - Would you grant any of the special requests of the four expat candidates? Provide your rationale. Solvay’s HR group wants to develop consistent policies for the International Mobility (IM) program and be more transparent about the expatriation process. Therefore, it is important to minimize the exceptions because exceptions require a deviation from standard protocol. However, HR must also remain flexible in order to meet the strategic needs of the company. As noted in the case

El signifcado de los colores Essay - 980 Words

EL COLOR â€Å"La visià ³n del color es una percepcià ³n. Sin la mente no existirà ­a el color† Isaac Newton. El color es una propiedad de los cuerpos que depende de la luz del entorno y de su intensidad; todo lo que percibimos sobre el color en los distintos objetos que nos rodean es en realidad una sensacià ³n creada por nuestra mente con la ayuda de la luz que se refleja sobre los cuerpos y llega hasta nuestros ojos. La luz del entorno (luz solar) esta compuesta por varios colores, Isaac Newton demostrà ³ esto hace muchos aà ±os, al descubrir que la luz blanca o luz solar se descomponà ­a en siete colores (algunos documentos dicen que son seis, pero que Newton incluyo el cian para completar siete colores por que se asume que el 7 tenà ­a un†¦show more content†¦Nuestro sistema visual esta conformado por dos tipos diferentes de cà ©lulas receptoras los conos y los bastones; como nuestro sistema visual esta basado en el tricromatismo (es decir que con tres colores se pueden generar todos los colores del espectro), en el interior de nuestro ojo se sità ºan los conos que son los encargados de percibir el color, para los tonos rojos con mayor longitud de onda se utilizan los conos L (Large), para los tonos verdes que poseen una longitud de onda media se utilizan los conos M (Medium), y para los tonos azules con menor longitud de onda se utilizan los conos S (small), cada color puede ser representado estimulando en determinadas cantidades a estos tipos de conos; los bastones por otro lado no permiten percibir colores, los bastones perciben principalmente las variaciones de luz por ejemplo en un lugar oscuro lo importante no es percibir el color sino los objetos y su distancia, es allà ­ donde mejor trabajan los bastones. Todos los colores que se pueden percibir por el ojo humano han sido dispuestos en un dibujo llamado el cà ­rculo cromà ¡tico, en el cual à ©stos se han dispuesto de tal manera que

Carpe Diem Free Essays

Alex Rohret Mrs. Oxley English 1302 22 February 2013 The Light and Dark Sides of the Force The first time I heard the phrase Carpe Diem, I wasn’t sure what to think. First of all, I had never heard either of the words used in the phrase. We will write a custom essay sample on Carpe Diem or any similar topic only for you Order Now Secondly, after repeating the words in my head a few times to see if I was getting them mixed up with some other words that are actually in the English Language. I later came to figure out that these words weren’t in the English Language at all; they’re in the dead language of Latin. This phrase’s literal translation in English is â€Å"Seize the Day. There are a number of similar phrases that are popular today that might be easier to understand. The most recent, and possibly more popular, is Yolo, meaning You Only Live Once. These two phrase’s purpose is to tell people to live each day like it’s their last. Robert Herrick’s Poem; To the Virgins to Make Much of Time, is a perfect way to tell others how to live each day to the fullest when he says â€Å"Gather  ye rosebuds while ye may, Old time is still a-flying : And this same flower that smiles to-day To-morrow will be dying. This is the first stanza to his poem, and in my opinion is t he best stanza of the poem. Herrick’s meaning behind this stanza is basically to Seize the Day. This stanza’s translation, to me, is to do what you want while you can because you will not live forever, and if you don’t do what you want today, then tomorrow you might not get the chance to do anything at all. The reason that we’re studying Carpe Diem is because of the movie Dead Poets Society. The setting of Dead Poets Society takes place in the 50’s at an all boy’s prep school, where it always seems to be cold. A new English teacher, Mr. Keating, at the school inspires a group of kids to start an underground poetry reading group, where the students read poems written by dead poets, or written by themselves. All of the poems read at these meetings follow the same meaning: carpe diem. The name of this group is the Dead Poets Society. Out of Herrick’s same poem â€Å"That age is best which is the first, When youth and blood are warmer; But being spent, the worse, and worst Times still succeed the former. † This excerpt explains that it is better to live life to the fullest while you’re young, because as you age, you lose chances to seize the day. The Dead Poets Society is adolescent boys, which is exactly the time to seize the say according to To the Virgins to Make Much of Time. The adolescents in this society interpret Carpe Diem differently, because there is more than one way that it can be interpreted. Since there are different ways to interpret Carpe Diem, each character does something different. For example, a boy named Knox meets a girl from the local public High School, and falls for her. He works up the courage to call her one night, and she invited him to a party at her boyfriend’s house, where he kissed her, and proceeded to get beaten by her boyfriend. Another boy, Charlie, changes his name to Nuwanda, and insists all of the dead poets to call him as such. During a school wide meeting, Nuwanda brings in a phone and pretends to get a call from god, he then tells the headmaster that the call is for him. All of these boys do exactly what Herrick says in his poem. They are gathering ye rosebuds, while they can. I like to think of Carpe Diem as similar to The Force in Star Wars: there is a dark side, and a light side. The side that most of us would like to know is the side where one does whatever they want and only has fun doing it, which is known as the light side. The dark side is where one does what they want, but what they want to do may be way overboard, and the repercussions of their actions may lead to serious consequences, or even death. One of the boys, Neil, has an overbearing father that is making him go to school to be a doctor. But what he really wants is to be an actor. Mr. Perry would say things like, â€Å"You have opportunities that I never even dreamt of, and I am not going to let you waste them! †(Dead Poets Society). This, to me, is what set Neil over the edge. I believe that at this moment he realized that his father was trying to live through him. This was the moment that Neil finally has had enough, this was Neil’s climax. What happens to Neil brings out the dark side of the force that is known as Carpe Diem. Instead of talking to his father about what he wants, he does something as drastic as taking his own life. Neil went entirely too far with living each day like it is you last, because he would have lived the next day, if it were not for his poor choices. The resolution of this film doubles as another boy’s climax. Todd is a very bashful boy that only tries to do what is expected of him. Todd was even bashful through Mr. Keating’s teachings of Carpe Diem and all of the Dead Poets Meetings that took place. But at the end of the film, Todd finally broke his silence, and stood up on the desk saying O captain my captain, defying his temporary replacement teacher’s orders. He does this in honor of Mr. Keating, and everything that he taught them. Soon enough all of the members of the Dead Poets Society, as well as a few other students that have no relevance, are standing on their desks saying the same phrase, O captain my captain. To the Virgins to Make Much of Time played a big role in the Dead Poets Society, by capturing the lighter side of carpe diem. This poem also captures what I believe carpe diem means to me: Live life to the fullest, and to live life while the blood is still warm. This poem embodies carpe diem, and everything that the Dead Poets Society stood for. Understanding how the film and the poem connect so deeply helps the viewer, or the reader, appreciate them both just that much more. Works Cited Herrick, Robert. â€Å"To the Virgins to Make Much of Time. † Trans. Array  The Poerty in Dead Poets Society. OxleyPrint. Weir, Peter, dir. Dead Poets Society. Writ. Tom Schulman. 1989. DVD. 10 Feb 2013. How to cite Carpe Diem, Papers

Big Data to Estimate Consumer Surplus †Free Samples to Students

Question: Discuss about the Big Data to Estimate Consumer Surplus. Answer: Introduction: In the current technical era, Application software has become of the most widely used technologies. Not only large or business organizations but also many of the start up businesses are also using the concept of application software for commercial success. For this report the nominated topic is Analysis of UBER Technology Inc. environment and its market competition. During the project progress phase many challenges were raised and accordingly In order to present the final report with all added values there are certain phases those have to follow during the report formation period. Just after the selection of the topic the project group has been formed and before starting the assignment a schedule has been planned accordingly. For the successful completion of each phase time has been estimated. In order to accomplish the assignment it is necessary to complete each of the phases within the allotted time. At the beginning the project group was formed and the group was consists of four students, as more than four students are not allowed in a group. After successful formation of the group the project group had to register the proposed project topic that is Analysis of UBER Technology Inc. environment and its market competition. Group issues: As the project group was consists of four different people thus their thoughts were different and they failed to meet one project requirement following a single path direction. Challenges with internal analysis: During the project development phase, internal environment analyses are done in terms of SWOT and PESTLE. During this phase are the project group faced major challenges. Challenges with external analysis: During external environment analysis, or while measuring competitive market of UBER Technologies, many other service providers and their service details such as OLA, Taxi for sure etc are also analyzed. During this phase also the project group faces serious challenges. Growth strategy analysis: The growth strategy used by UBER is very much complicated thus while analyzing the growth strategy of UBER the project group faced major challenge accordingly. As the nominated project was based on real world company thus in details, company background rather the company profile has to be submitted before further progress. In order to give proper information about the project it may happen that the project group has to interact with the employees or executive of the company. Thus, in the project initiation phase the project submitted a requested permission letter from the UBER Technologies itself. This is referred to as an solution for the project group that evidentially mitigated the issues of professional project development. After getting approval from the lecturer the student group can easily move for further detail analysis. It is expected that from company survey the employee and executives will help a lot to prepare the project report. As per the instruction the final project report has to be submitted within 15 weeks from the starting. Thus, the total time was divided accordingly. After the completion of some of the phases the progress report 2 was prepared. During the project progress phase 2 many challenges are raised. The lists of challenges are as follows Lack of support: First of all UBER Technologies Inc does not have any particular office where the student group can contact directly to request from the permission letter. Most of the helpline numbers of UBER are toll free and computerized thus the student group were unable to share their actual requirement. Undefined project goal: Undefined goal was another issue, because the aim of the project was just not to analysis current environment of UBER Technologies rather analyzing its competitive market also. As there are many companies which serve similar services like UBER, thus competitive market analysis was a major challenge. Scope changes: Scope creep was another challenge faced by the project development group, this happened because during the project development phase, the project scope extended beyond the original objective set in the project initiation phase. Inadequate skill: Due to inadequate skill and previous knowledge regarding project development, during the project development phase certain issues were raised. Lack of accountability: As it was a student project team thus there was no one leader who might lead the project team towards success. The project faced a long time halt due to lack of proper project accountability. Lack of technology usage: During the project development phase many information were collected but as the student group was using traditional information management aspects thus many time it was become difficult to fetch a single data. Thus, information management was raised as one of the major difficulty rather challenge during the project development phase. Lack of communication: The members belong to the project team are not necessarily thinks in same way. As the entire project team members gave their ideas for developing the project thus, serious conflict raised within the project team as they were not professionally trained. Incorrect risk management: It is necessary for any project that whether in the starting or in the development phase it will face some risks. As the student group failed to develop professional risk management approaches thus, the project group faced serious challenges. During the project development phase the project group faced many challenges thus accordingly they also planned to develop certain solution to combat the challenges and to implement the project successfully. Professional training on communication: In order to avoid all inert organizational and intra organizational conflicts the project group took professional training during the project development phase. Adoption of technical advances: In addition to professional training as the project group was facing data management challenges thus, after certain time they adopted a digital automatic system. It helped them to insert and access information easily and the system was not at all time consuming. Supervisor assistance: Apart from this the above mentioned solutions for all the challenges the major solution was getting support from the project supervisor. The project supervisor helped the project team a lot during information collection and its analysis. References Alley, J.K., 2016. The Impact of Uber Technologies on the New York City Transportation Industry. Cohen, P., Hahn, R., Hall, J., Levitt, S. and Metcalfe, R., 2016.Using big data to estimate consumer surplus: The case of uber(No. w22627). National Bureau of Economic Research. Cramer, J. and Krueger, A.B., 2016. Disruptive change in the taxi business: The case of Uber.American Economic Review,106(5), pp.177-82. Enoch, M.P., 2015. How a rapid modal convergence into a universal automated taxi service could be the future for local passenger transport.Technology Analysis Strategic Management,27(8), pp.910-924. Geradin, D., 2015. Should Uber be allowed to compete in Europe? And if so how?. Groff, A.L., Callegari, P. and Madden, P.M., 2015. Platforms Like Uber and the Blurred Line Between Independent Contractors and Employees.Computer Law Review International,16(6), pp.166-171. Isaac, E., 2014.Disruptive innovation: Risk-shifting and precarity in the age of Uber. Berkeley Roundtable on the International Economy,[University of California, Berkeley]. Salnikov, V., Lambiotte, R., Noulas, A. and Mascolo, C., 2015. OpenStreetCab: exploiting taxi mobility patterns in New York City to reduce commuter costs.arXiv preprint arXiv:1503.03021.