Human Side of Technology Management
International business enterprises -- Personnel management, Medical instruments and apparatus industry -- Management, Strategic planning
In this paper we will compare the available literature suggestions for Globalization of HRM to a medical device company's globalization strategy and implementation. Companies must determine how they will perform policy design and implementation and can either utilize an isomorphic or standard approach, also known as an imitation or integration philosophy. In addition to these fundamental methodologies, several specific strategies are presented in this paper to help companies manage resources in a global environment. Several challenges are also presented in this paper that have been outlined through literature and many of these have been experienced by Acumed. Through a thorough evaluation of Acumed's globalization process, both the strategies and challenges have been identified and compared with those in literature. The results indicate that Acumed is doing many things well, but can still benefit significantly by implementing some key strategies including, defining their "lifeline", establishing a global HR database, and analyzing their global resource skills gap. By implementing these strategies, Acumed will continue to grow internationally while effectively managing their human resources.
Nuhisi, Sevket Can; Al Fayez, Faisal; Almasri, Maher; Alyamani, Badr; and Zielsdorff, Casey, "Globalization of Human Resource Management in a Medical Device Manufacturing Company" (2010). Engineering and Technology Management Student Projects. 720.