Briefly
explain the importance of Performance Management from international context.
Ans The people are always a major key to the success for all organisations.
Therefore, the role of HRM is the most important in any organisation. Due to
business globalisation, the companies must understand the management of
international operations and the changing role of HRM. In this international
context, the human resource management plays a vital and important role toward
a success of organisations internationally. These managers are responsible for
making strategies to recruit, select, and retain the best human capital for
their organisations.
recognised problem regarding the topic of global
performance management is largely one of definition. Some of the work on
performance management is focused on the individual and centered on performance
appraisal at the employee level. In other work, more in line with strategic
HRM, the focus of performance management is much broader and the level of
analysis is organisational (corporate, subsidiary, business unit, team) rather
than individual.
Many of the large Western MNCs are likely to use a
home-grown, HQ-based approach to performance management in a standardised
manner across their worldwide subsidiaries. There is concern with the
implementation of a management process developed and tested in the West and
applied to a different context (i.e., different national cultures, laws, and
markets). When the Western concept of performance management is viewed in an
international perspective, an added layer of complexity emerges - largely due
to the varying cultural and structural contexts in which global HR is
implemented. There is relatively limited research-based knowledge on PM from a
global or international - as compared to a Western domestic - perspective.
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