Globalisation and workforce diversity: HRM implications for multinational corporations in Singapore
This paper presents findings based on a study involving local and foreign medium- to large-sized multinational corporations (MNCs) in Singapore. The findings highlight the connection between the stages of organisational development, headquarters-subsidiary orientation, and increasing workforce diver...
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description | This paper presents findings based on a study involving local and foreign medium- to large-sized multinational corporations (MNCs) in Singapore. The findings highlight the connection between the stages of organisational development, headquarters-subsidiary orientation, and increasing workforce diversity in MNCs, as the Asia-Pacific Economic Cooperation (APEC) economies develop the regional human capacity as part of an economic and social imperative in response to globalisation. This paper introduces a new conceptual framework-construct domain of diversity-to identify the nature of the labour market, and discusses the need for firms to align company policies, strategies, and organisational structures with the dynamic business environment. A significant implication is the impact on strategic international human resources management for MNCs in the Asia Pacific region. [PUBLICATION ABSTRACT] |
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The findings highlight the connection between the stages of organisational development, headquarters-subsidiary orientation, and increasing workforce diversity in MNCs, as the Asia-Pacific Economic Cooperation (APEC) economies develop the regional human capacity as part of an economic and social imperative in response to globalisation. This paper introduces a new conceptual framework-construct domain of diversity-to identify the nature of the labour market, and discusses the need for firms to align company policies, strategies, and organisational structures with the dynamic business environment. A significant implication is the impact on strategic international human resources management for MNCs in the Asia Pacific region. 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subjects | Cooperation Economic aspects Economic growth Employment Free trade Global economy Globalization Human resource management Human resource planning Human resources Informal economy International business enterprises Labor force Labor market Labor supply Multinational corporations Organization development Political leadership Regions Skills Social aspects Studies Training Workforce Workplace diversity |
title | Globalisation and workforce diversity: HRM implications for multinational corporations in Singapore |
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