I-HRM & Performance Management and Strategic Management Assignment

I-HRM & Performance Management and Strategic Management - Assignment Example However its importance becomes multi fold in global scenario due to the variable and dynamic nature of market. Success in IHRMs is akin to success of overall operational activity undertaken. Introduction: Organizations are a collection of different individuals and different processes that are grouped together into one unit in form of larger entity. Each of these has a clear role defined and responsibility assigned to them. Without the clear definition of the roles, the processes cannot excel. A special domain is in place that ensures that all these personnel are adjusted according to the requirement, and according to their skill and abilities. This is covered in the domain of Human Resource management. Assigning the right kind of role to the right kind of person in the right manner. The scope of HRM is quite a broad one and it entails almost all the activities of the personnel involved (Ristow, et al. 2009). No organization can survive without the presence of apt Human resource manag ement. Human resource management may exist in various forms. It can be of local level and/ or international level. The International human resource management is applicable in cases when the organization performs its activities and provides its services off shore and across the border. Like the domestic human resource management, IHRM is subject to the compliance of structures like performance management and strategic management. While each society has its own characteristic ways and patterns, and as a result of this, the individuals go about different functions in a different manner, it becomes imperative to adjust and accommodate these individuals and these functions according to their inspirations and in result yield the best deal out of the scenario and situation. They dynamic nature of I-HRM: Human resource management in the international context is the most dynamic concept since these trends vary from society to society, and country to country. While the basic concepts of huma n resource management remain the same, which are based on the basic principles of ensuring that the right kind of person is employed and inducted in the right place, yet in global context, the culture, the overall aptitude, the global patterns, the governmental factors and considerations also must be taken into account (Haris, et al. 2003). In the global scenario, the IHRM aims at creating a correlation between the nature of work and nature of people. Since a totally different culture and society is involved thereby variations are bound and adjustments ought to be made in accordance. The need: The need for human resource management in international scenario becomes more important than ever because different aptitudes, difference surroundings, and different variables are involved. In domestic domains, the natures and aptitudes can be easily comprehended, but in international scenario, the trends and patterns are totally different based on different set of values, cultural norms, folk ways, in such cases, understanding the human resource functions is an indispensible concept and it serves as the backbone towards the organizational success. Mishandling and it could lead to the overall failure of the organizational venture undertaken on international shores (MacCourt 2003). Literature Review: The early 19th century and middle 20th century has seen massive change in the manner in which businesses were being conducted earlier (Shuman & Twombly 2001 19). The global trends have prevailed since then with every individual and every organization in touch with