Contents
- Executive summary 2
- Introduction 4
- Company profile 5
- Economic drivers: PESTLE analysis of the host country 6
- HRM strategies 8
- Recruitment and Selection 8
- Training and development 10
- Reward management 12
- Performance Management 13
- Employee involvement 14
- National issues 15
- Organizational 16
- Cultural dimensions 16
- Recommendations 18
- Conclusion 19
- References 21
Description
Globalization has resulted in many companies to become global which has led to the increased nature of workforce diversity and cultural sensitivity. These factors have led to the development of global human resource management. The most vital and basic function of global human resource management is that the company should be appealing to the host country despite its international culture and structures. The report focuses on Tesco and its international HR strategy to carry out operations in china. Tesco is a UK based organization whose culture is very different from China. Tesco today is the largest retailer of UK and globally it is the third largest retailer in terms of revenue and has operations in 14 countries employing 72000 employees The report demonstrates the organizational culture of Tesco and strategies adopted by Tesco to operate in China. A structured approach towards HRM can help and create a strong foundation for its growth and profitability in the host country.