HRM Essay Example | Topics and Well Written Essays - 2000 words - 1

HRM - Essay Example Though there is not universal solution to the problem of cultural differences in ethical concepts, it is recommended that certain elements of both ethical absolutism and ethical relativism approaches, as well as the principle of considering the context of each particular situation should be the basis of the code of ethics and of IHRM decision-making processes. Introduction The HR system of any organization has to perform a complex set of interrelated and interdependent tasks that ensure effective functioning of the organization. Among the roles of HR departments are, according to Mote (2011), â€Å"planning, implementing, and managing recruitment, as well as selection, training, career and organizational development initiatives within an organization.† Furthermore, HR management involves aligning the goals and needs of an employer with those of the employees so that the parties cooperate with the same objectives and goals in mind. These tasks become even more complicated in re lation to international HRM, since in this case the organization has to also take into consideration peculiarities of working in multiple locations and in different cultures. On this matter John R. Deckop and John Raymond Deckop outline that these days human resource management and development are becoming â€Å"an integral part of national initiatives to develop competitive workforces† (Deckop and Deckop 2006, 91) in the countries the company operates in. Furthermore, HRM also involves dealing with ethics and corporate social responsibility (CSR) issues. Therefore, the purpose of this report is to identify and analyze some of the major IHRM challenges an MNC may face operating worldwide. In particular, such issues as core human values, local cultures and decision-making context in international environment will be analyzed form the perspective of corporate and human ethics. These specific areas of international business have been chosen for deeper analysis since they appear to be some of the most critical for development and success of company’s operations overseas. Furthermore, in the international context ethics, according to Donaldson, means following the three basic principles for international ethics: Respect of core human values, Respect for local traditions, Believing that context matters when determining the right and the wrong (Donaldson 1996). In addition, the key principles and advantages of effective CSR practices will be outlined with the purpose of clarifying the role of CSR in corporate culture and operations, as well as determining the financial benefits of completing well-designed CSR initiatives. Findings MNC’s Operations: Exploitation or Cooperation? Multinational corporations, being large and influential organizations, attract much attention of governments, local authorities, interest groups and other representatives of the communities they operate in. This is especially true in relation to the ethical concepts an orga nization brings into the society, and employment-related practices in particular (Briscoe, Schuler and Claus 2008,136). Briscoe, Schuler and Claus (2008, 136) mention that, while companies entering foreign markets claim bringing great advantages to the county, in reality