Describe benefits and challenges of managing a global business.
Description may include
- staffing (hiring the right mix of local workers vs. home experience workers)
- managing the expatriate manager
- dealing with repatriation
- the challenges of living and working overseas
- recognizing cultural differences
- performance appraisals for remote workers
- training and management development
- compensation packages
- labor relations and organized labor laws
- learning new business practices.
Process/Skill Questions:
- How can employers adequately prepare employees for living and working overseas?
- How can U.S. human resource practices be implemented in foreign countries?
- What aspects of a foreign country should be researched before conducting business? What resources can help in this research?
- What guidelines can be established to ensure consistent production and human resource standards for a global organization?
- How does having a workforce overseas affect corporate taxes? Employees’ taxes?