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HRM 6645 TU Week 2 Key Environmental Trends and HR Implications Worksheet

HRM 6645 TU Week 2 Key Environmental Trends and HR Implications Worksheet

Please post your ESE to the assignment submission link in the Week 2 module. When you are done, please submit your ESE to the Discussion forum as a MSWord file attachment, so that your classmates can review your work. You are not required to comment on the posts of other students, but are encouraged to read them.

Recommendation: explore a country you are interested in and thinking about potentially recommending for your team’s expatriate packet.

You should look at websites such as the US State Department, national corruption indices, tourist youtube videos etc. for information that might be useful for both the ESE and, subsequently, the Expatriate packet.

Reminder, this is a challenging time-consuming assignment, so start working on it early. Be sure to follow the ESE instructions. You are also welcome to examine the PDF attachment below that features examples of previous ESEs. NOTE that most of these examples have three countries highlighted. You are only required to analyze one (1).

Post your ESE Form here before midnight Sunday.

Note: the click ready link is an old form when more than one country was required. For some reason, it cannot save edits. Please feel free to use it until we get this fixed.

INTERNATIONAL HUMAN RESOURCE MANAGEMENT

ENVIRONMENTAL SCANNING EXERCISE

  1. (a) Select an industry with which you are somewhat familiar [e.g., kitchen appliance manufacturing, personal care products, or after-market automobile parts]. (b) Identify one country outside your own in which your organization will begin operations. (c) Chose a structure in which your locally-based corporation has entered, such as a joint venture, wholly-owned subsidiary [i.e., no partner] and give your rationale for your choice. Your company has employed a combination of expatriate [i.e., parent-country employees who have been employed in your local operations] as well as host country nationals [HCNs], and employees from at least one other third country [TCNs].
  1. Identify basic trends in the following aspects of the business environment which might affect your business over the next two or three years. Cite current sources (within the past 18 months), such as the World Bank’s Doing Business (Links to an external site.) (Links to an external site.)report, Transparency International’s Corruption Perceptions Index, (Links to an external site.) the CIA’s https://www.cia.gov/library/publications/the-world-factbook/ (Links to an external site.), and The Heritage Foundation’s Index of Economic Freedom, (Links to an external site.).
  • Economic
  • Social-Cultural
  • Political-Legal
  • Technological
  • Market
  1. Discuss potential implications for HRM policies and practices.
  2. Using the outline below, prepare a Main Points Overview of your findings.
  3. Identify what additional information you would seek and what additional sources you might utilize.

BRIEFING OUTLINE

  1. Industry: ____________________ Country: _________________________

  1. Key Environmental Trends and HR Implications

Environmental Factors and Trends

[list several key factors for each of the following]

HRM Policy Implications

[Identify HR policy implications associated with this and other factors/trends in the column to the left]

Economic Conditions

Social-Cultural

Market/Competition Changes

Technological Changes

Political-Legal Conditions

  1. What additional information would you seek, and what are some potential sources?

Rubric

Environmental Scanning Exercise (1)

Environmental Scanning Exercise (1)

Criteria Ratings Pts

This criterion is linked to a Learning OutcomeEconomic Trends/HR Implications/Additional Info

20 pts

Full Marks

18 pts

Superior

16 pts

Grad Level

14 pts

Below Grad Level

0 pts

No Marks

20 pts

This criterion is linked to a Learning OutcomeSocial-Culrural Trends/HR Implications/Additional Info

20 pts

Full Marks

18 pts

Superior

16 pts

Grad Level

14 pts

Below Grad Level

0 pts

No Marks

20 pts

This criterion is linked to a Learning OutcomeMarket/Competition Trends/HR Implications/Additional Info

20 pts

Full Marks

18 pts

Superior

16 pts

Grad Level

14 pts

Below Grad Level

0 pts

No Marks

20 pts

This criterion is linked to a Learning OutcomePolitical-Legal Trends/HR Implications/Additional Info

20 pts

Full Marks

18 pts

Superior

16 pts

Grad Level

14 pts

Below Grad Level

0 pts

No Marks

20 pts

This criterion is linked to a Learning OutcomeTechnological Trends/HR Implications/Additional InfoInformation desired before committing to expand in this country of interest.

20 pts

Full Marks

18 pts

Superior

16 pts

Grad Level

14 pts

Below Grad Level

0 pts

No Marks

20 pts

Total Points: 100

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