Friday, May 1, 2020

Managerial Effectiveness in Multinational Corporations

Question: Describe about The impact of international human resources practices and organizational culture on managerial effectiveness in multinational corporations in Ireland? Answer: Proposed Title: The impact of international human resources practices and organizational culture on managerial effectiveness in multinational corporations in Ireland Organization The organization selected for study is as Pfizer Global Supply. Introduction Ireland has both foreign owned and Irish owned multinational companies. Foreign Owned MNC is operated from UK, US or European countries. All MNCs in Ireland have proper human resource practices and organizational culture which motivate their employees to perform better. Globalization is changing roles and responsibilities of human resource in Ireland MNCs as well as their organizational culture (Anon, 2015). International human resource in Ireland MNC used to reward, develop, motivate, organize work culture within the MNCs where people from different culture work for common goal. The MNC chosen for study of impact of international human resource and organizational culture on managerial effectiveness is Pfizer Global Supply. Background of Study This study is having an analysis of international human resource practices and organizational culture impact on one of the pharmaceutical multinational of Ireland named as Pfizer Global Supply. Analysis is done to evaluate the employment practices of Pfizer Global Supply regarding their employees and organizational goal (Anon, 2015). According to Pfizer Global Supply as stated in (Anon, 2015) managers should have both leadership skill as well as managerial skill so that all employees performance is good. The study focuses on the managerial skills require by managers to manage their employees, working culture and other factors. The problems faced by Pfizer Global Supply are as regarding their employees pay and performance management and distribution and others. Problem Statement The problem statements regarding the study are as Pfizer Global Supply can face problems regarding their organizational culture as maximum employees are from different culture and environment with their own beliefs and thoughts (Anon, 2015). The other major problem which Pfizer Global Supply can face is regarding their international human resource practices and policies if are changed in future, that is they may be unable to change as per all the employees and it can de motivate them. Research Questions Pfizer Global Supply international human resources practices and organizational culture involves many problems as they can face problem regarding convergence and divergence of their international human resource practices. While managing workforce to work in group for common goal and objective. Pfizer Global Supply in future while changing their reward system, remuneration structure, promotion policy or working culture can face problem as they may be unable to work as per every employee present in organization (Bellot, 2011). The key factor on which Pfizer Global Supply performance depend is its employees, so to increase their performance level they should try to work as per their employees expectations. Primary Research Question The primary research questions of this study are as the methods adopted by Pfizer Global Supply for different international human resource practices like training, development of their employees regarding international working environment which organization will adopt in future. Steps or methods adopted by Pfizer Global Supply human resource department regarding the communication gap among employees and managers (Corrigendum, 2014). Analysis of international human resource strategies adopted by Pfizer Global Supply with the problems which may arise in future (Corrigendum, 2015) . Objective of Research The objectives of this research are as To analyze the impact of international human resource practices performed by Pfizer Global Supply pharmaceutical company on their managerial skills.Evaluate the problems faced by Pfizer Global Supply in managing workforce who belong to different culture and environment.The process adopted by Pfizer Global Supply for maintain their organizational culture and human resource practices.Analysis of Pfizer Global Supply different international human resource management practices and methods or theories adopted for maintain organizational culture taking into consideration their employees. Significance of study The significance of this study is to1. To analyze the problem which may occur in Pfizer Global Supply regarding their international human resource strategies, theories adopted for human resource practices and other.2. For evaluating the impact of international human resource practices adopted by organization on their managers and their managerial skills (Work - Chron.com, 2015).3. The effect of organizational culture on Pfizer Global Supply goal, managers managerial and leadership skills.4. Importance of international human resource strategies and organizational culture in Pfizer Global Supply operation process. Problem and opportunities The main problems faced by Pfizer Global Supply in international human resource management practices are as in maintaining cross cultural environment, in maintaining the reward benefits and compensation structure as per the employees, while training and development process of their employees regarding international working environment and others. On the other hand the methods or strategies adopted by Pfizer Global Supply from recovering the above mentioned problems are as talent management process, skill development, competency development, leadership development, knowledge development and other methods. Literature Review International human resource management practice in Pfizer Global Supply in used for maintaining and developing international environment within the organization . Organizational culture is the main factor used by Pfizer Global Supply organization for motivating or influencing their workforce regarding international working environment. The theories which explain international human resource management and organizational culture are as Cross Cultural management theory which represents the method with its importance for maintaining the multi cultural workforce that is every employee in organization has its own belief and working culture which is very important for human resource department. Resource dependency theory which represents the connection between the organizations with its element . This theory focuses on the resource factor of organization i.e. there employees for planning and marinating organizational culture. Methodology and Data collection This part of research report represents the overview of the different methods used in this study. The areas covered in this part are sample, sampling, data collection. The sampling techniques used in this study are qualitative and quantitative. For qualitative sampling analysis 100 employees of Pfizer Global Supply were given questionnaire which was related to their work and human resource policies and practices. For quantitative sampling managers and executives were given set of questionnaire. The data collection techniques used for this study are primary data as from interview and questionnaire and secondary data is collected from different blogs, journals, magazines and others. Bibliography Anon, (2015). [online] Available at: https://www.jimsjournal.org/6%20Bhushan%20Kapoor.pdf [Accessed 15 Mar. 2015]. Anon,(2015).[online]Availableat:https://file:///C:/Users/Admin/Downloads/Ananthram%20and%20Chan%20-%20Challenges%20and%20strategies%20for%20global%20human%20resource.pdf [Accessed 15 Mar. 2015]. Anon, (2015). [online] Available at: https://www.cipd.co.uk/NR/rdonlyres/2E2B1EF2-6CDC-4BF8-8D5F-6EC000EE2198/0/9781843982661_sc.pdf [Accessed 15 Mar. 2015]. Anon, (2015). [online] Available at: https://www.latec.uff.br/mestrado/Rh/Artigos/020.pdf [Accessed 15 Mar. 2015]. Bellot, J. (2011). Defining and Assessing Organizational Culture. Nursing Forum, 46(1), pp.29-37. Corrigendum. (2014). The International Journal of Human Resource Management, pp.1-1. Corrigendum. (2015). The International Journal of Human Resource Management, pp.1-1. Work - Chron.com, (2015). What Is the Meaning of Managerial Effectiveness?. [online] Available at: https://work.chron.com/meaning-managerial-effectiveness-6993.html [Accessed 15 Mar. 2015].

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