Study on Human Resource Risks in Expatriate Management
Huajun Li, Zhang Guangyu, WU Hong-ying, Fu Taonan
Abstract
Huajun Li, Zhang Guangyu, WU Hong-ying, Fu Taonan
Abstract
Successful expatriate is crucial for Multinational companies (MNCs) to maintain competitive advantages in global strategy and knowledge economy era. However, MNCs suffering from high turnover rates after repatriate often find it hard to keep talents. This paper, points out the deficiency in recent research taken by scholars, describes the expatriate management framework under globalization background, redefines the conception and display of expatriate failure and highlights that MNCs¿ human resource risks should include two parts: expatriate failure and talents turnover. Finally, it analyses the causes of human resources risks from the aspects of cross-cultural management and human resources management (HRM) process.
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Successful expatriate is crucial for Multinational companies (MNCs) to maintain competitive advantages in global strategy and knowledge economy era. However, MNCs suffering from high turnover rates after repatriate often find it hard to keep talents. This paper, points out the deficiency in recent research taken by scholars, describes the expatriate management framework under globalization background, redefines the conception and display of expatriate failure and highlights that MNCs¿ human resource risks should include two parts: expatriate failure and talents turnover. Finally, it analyses the causes of human resources risks from the aspects of cross-cultural management and human resources management (HRM) process.
Key concepts: Expatriate, Multinational corporation, Human resource management, Business, Human resources, Globalization, Process (computing), Resource management (computing)