Human Resource Management in Early Internationalised SMEs

Human Resource Management in Early Internationalised SMEs
Author: Joanna Purgał-Popiela
Publisher: Taylor & Francis
Total Pages: 95
Release: 2023-01-25
Genre: Business & Economics
ISBN: 1000863026

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Small- and medium-sized enterprises (SMEs) are increasingly viewed as valuable contributors to the global economy, which translates into their importance in business literature and academic research. Recent studies suggest that there exists a substantial variety of international activities pursued by SMEs expanding abroad, with a prominent presence of early internationalised enterprises, including born global. Despite the acknowledgement of the importance of human capital for SME internationalisation, there is a persistent knowledge gap concerning HR practices in this context. Until now, researchers investigating the accelerated internationalisation of SMEs have focused either on the human capital of decision-makers or selected attributes of employees, although these have only been at the pre-entry or entry stages. Thus, activities performed after entering foreign markets remain. This book attempts to reduce this gap and contribute to the body of knowledge concerning HR practices in early internationalised SMEs with an emphasis on the post-entry phase. By taking such an approach, this volume integrates two streams of research: HRM in the SMEs and international business. It provides managers of SMEs with useful information on dealing with internationalisation-related challenges by means of various practices including work structuring, recruitment and selection, training and development, employee appraisal and remuneration, and performance management. The discussion of these issues is based upon data from a survey conducted in 200 SMEs and case studies exemplifying HR practices in early internationalised small and medium enterprises. It offers academic researchers, postgraduate students, and reflective practitioners a state-of-the-art overview of managing human resources in small and medium enterprises expanding internationally, including both accelerated and incremental paths.

Managing Human Resources In Smes And Start-ups: International Challenges And Solutions

Managing Human Resources In Smes And Start-ups: International Challenges And Solutions
Author: Leo-paul Dana
Publisher: World Scientific
Total Pages: 389
Release: 2022-06-21
Genre: Business & Economics
ISBN: 9811239223

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Human resources are the most important and costliest assets in businesses of any nature and size, no matter where they are based in the world. Talent management is a key managerial function in MNCs and other organisations with a global presence, but its importance in small businesses and start-ups cannot be overlooked.At its most basic level, managing people in small businesses encompasses compliance with the applicable labour laws, hiring, and creating a channel for dealing with employee issues. The price of not having the right employees in a small business can be extremely high. Workers who are inefficient or in the wrong role can have critical consequences on the sustainability of a small business. While most entrepreneurs focus on marketing, finance, operations, and customers in their initial stages, this means that they at times fail to establish and address their HR function and the associated challenges that, if overcome, may help the organisation to meet all of its targets. This book aims to highlight these HR challenges and shed new light on how to answer them.

Effective Human Resources Management in Small and Medium Enterprises: Global Perspectives

Effective Human Resources Management in Small and Medium Enterprises: Global Perspectives
Author: Machado, Carolina
Publisher: IGI Global
Total Pages: 526
Release: 2013-11-30
Genre: Business & Economics
ISBN: 1466647329

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"This book addresses the issues of HRM in SMEs by providing a channel of communication to disseminate knowledge; including management philosophies, culture, and management practices"--Provided by publisher.

Innovative Human Resource Management for SMEs

Innovative Human Resource Management for SMEs
Author: Iqbal, Shuja
Publisher: IGI Global
Total Pages: 470
Release: 2024-01-26
Genre: Business & Economics
ISBN:

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Innovative Human Resource Management for SMEs presents a comprehensive solution to the challenges faced by small and medium-sized enterprises (SMEs) in managing their human resources in today's rapidly changing business landscape. These SMEs often operate with limited resources and lack dedicated HR departments, making it difficult to compete for top talent against larger companies. Moreover, staying abreast of innovative HR practices can be overwhelming, leaving SMEs uncertain about how to enhance employee engagement, well-being, and overall organizational success. Edited by esteemed academic scholars, this book focuses on contemporary and practical strategies, empowering HR professionals, business managers, and leaders with the necessary tools to navigate the complexities of effective human capital management. By exploring key areas such as recruitment, employee engagement, performance management, well-being, and organizational transformation, the book provides actionable insights through real-world case studies. It offers valuable information to drive organizational success and foster a positive workplace culture, benefiting not only SMEs but also larger organizations seeking to optimize their HR practices. Innovative Human Resource Management for SMEs stands as a guiding beacon, empowering readers to attract, engage, and retain top talent, thus ensuring their businesses thrive in the dynamic business world of the current millennium.

SME Internationalization and Human Resource Management

SME Internationalization and Human Resource Management
Author: Hye Won Chang
Publisher:
Total Pages: 172
Release: 2019
Genre: Biotechnology industries
ISBN:

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Human Resource Management (HRM) is defined by Boxall and Purcell (2000) as including “anything and everything associated with the management of employment relations in the firm” (p.184). Strategic Human Resource Management (SHRM) is defined by Wright and McMahan (1992) as “the pattern of planned human resource deployments and activities intended to enable an organization to achieve its goals” (p.298). The foundation of Strategic Human Resource Management (SHRM) begins from the concept that in knowledge-driven, global economies, it is the intellectual and social capital of the firm that is a source of competitive advantage rather than physical or financial assets (Finegold & Frenkel, 2006). For Small Medium Enterprises (SMEs) competing in high technological environments such as those in the life sciences, it is important that firms are able to attract, motivate and retain talent in accordance with the stage of their firm and their internationalization strategy (Finegold & Frenkel, 2006; Ho, Wilson, & Chen, 2010; Hornsby & Kuratko, 2003; Onkelinx, Manolova, & Edelman, 2016). Although there has been recent interest from researchers investigating the relationship between HRM, SME firm performance and HRM associated to internationalization, there is a gap in literature focusing on the relationship between all three matters: Human Resource (HR) practices in internationalizing SMEs. The findings of this exploratory study on life science SMEs in New Zealand are that despite supporting research which recommends founders/CEOs to implement strategic HR enhancing practices to support firm growth and performance, informality is still common place amongst life science SMEs. Secondly, there is a clear disconnect between HRM practices implemented and the firm’s business strategy for international growth, indicating that life science SMEs in New Zealand are not aligning human resources of the firm to address the liabilities of foreignness. Finally, the study provides an insight to the HR practices in place by resource constrained life science SMEs in their efforts to support firm performance and survival in international markets.

Managing People in Small and Medium Enterprises in Turbulent Contexts

Managing People in Small and Medium Enterprises in Turbulent Contexts
Author: Alexandros Psychogios
Publisher: Routledge
Total Pages: 138
Release: 2019-01-02
Genre: Business & Economics
ISBN: 1351592602

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Managing People in Small and Medium Enterprises in Turbulent Contexts explores a range of human resource management (HRM) issues specific to small and medium-sized enterprises (SMEs). Based on a series of research studies and secondary sources of data, the book’s primary aim is to contextualise HRM issues in SMEs operating in a variety of national economic contexts that are (or have recently experienced) a turbulent situation. SMEs are the backbone of these economies. It is therefore critical that we study HR practices and concepts within such enterprises. The book covers HR practices in SMEs, such as recruitment and selection, training and development, performance evaluation and employee relations, by focusing on three types of turbulent economies: emerging market economies in Asia, the Pacific, Africa and Latin America; transition economies of Central and Eastern Europe; and crisis contexts in Southern Europe. Managing People in Small and Medium Enterprises in Turbulent Contexts is a useful resource for organisations, practitioners, academics and scholars in the fields of HRM, employee engagement, small and medium business management and other related disciplines.

International Handbook of Entrepreneurship and HRM

International Handbook of Entrepreneurship and HRM
Author: Rowena Barrett
Publisher: Edward Elgar Publishing
Total Pages: 503
Release: 2008-01-01
Genre: Business & Economics
ISBN: 1848441223

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'This highly original book focuses on human resource management issues in the context of entrepreneurial and small firms, including original theoretical and empirical chapters. . . the book offers a unique insight into understanding the role of HRM in developing sustainable entrepreneurship and entrepreneurial ventures as well as how HRM practices and procedures can be used to help navigate, or indeed drive, the changing landscape in smaller and entrepreneurial firms. It is a useful resource for many small firms, entrepreneurship and economic development researchers, and also for policy-makers and post-graduate students interested in these areas. It provides a starting point to consider a variety of issues with regard to HRM and, in this regard it is an interesting and useful Handbook.' – Qihai Huang, International Journal of Entrepreneurial Behaviour & Research This invaluable reference tool has been designed in response to the growing recognition that too little is known about the intersection between entrepreneurship and human resource management. Paying particular attention to the 'people' side of venture emergence and development, it offers unique insights into the role that human resource management (HRM) plays in small and entrepreneurial firms. A group of international scholars contribute theoretical and empirical chapters on specific HRM issues in the context of entrepreneurial and smaller firms. The Handbook offers a new understanding of the role of HRM in developing sustainable entrepreneurship and describes how HRM practices and procedures can be used to help navigate and, indeed, drive the changing landscape in these firms. Exploring the functional aspects and nature of managing HRM in new, small, growing, emerging and entrepreneurial firms, this fascinating Handbook will not only be warmly welcomed by HRM students, researchers and academics, but also by HR practitioners and managers.

Human Resource Strategies for International Growth

Human Resource Strategies for International Growth
Author: Chris Hendry
Publisher:
Total Pages: 224
Release: 1994
Genre: Business & Economics
ISBN:

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Identifies similarities and differences in human resources management encountered by American companies as they they expand into an international market.

Human Resource Management

Human Resource Management
Author: Jonathan Crawshaw
Publisher: SAGE
Total Pages: 520
Release: 2014-04-23
Genre: Business & Economics
ISBN: 1473904781

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This new text treats international, strategic and contemporary issues as central to the study and practice of Human Resource Management. Covering the core curriculum, this book provides all the knowledge and tools you need to get the best possible grades and achieve career success after university. Key Features: Skills and employability focus will help you to develop the key transferable skills valued by graduate employers Debating HRM boxes encourage critical analysis and debate International and cross-cultural cases and discussion will prepare you for the global workplace Contemporary and strategic issues are introduced early on, underpinning the HRM functions Chapters on SMEs and the not-for-profit and voluntary sectors will ensure that your knowledge and skills can be applied in a range of organisational settings Mapped to the CIPD’s learning outcomes but equally suitable for non-specialist students Journal articles, a glossary, podcasts and other resources are available on the book's website at www.sagepub.co.uk/crawshaw

Handbook of Research in International Human Resource Management

Handbook of Research in International Human Resource Management
Author: Günter K. Stahl
Publisher: Edward Elgar Publishing
Total Pages: 625
Release: 2012-01-01
Genre: Business & Economics
ISBN: 1849809194

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Acclaim for the first edition: 'Handbook of Research in International Human Resource Management represents a welcome contribution to IHRM literature and will be required readings for both novices and veteran researchers.' – Dana B. Minbaeva, British Journal of Industrial Relations '. . . a rich array of contributors including some of the biggest names in the field.' – Roger Bell, Delta Intercultural Academy The second edition of this Handbook provides up-to-date insight into ground-breaking research on international human resource issues today. These issues are faced by multinational companies which can be as small as one person with a computer and Internet connection or as large as a medium-sized country. Written by the field's most distinguished researchers, the book will stimulate thought for new research and provide a glimpse of where we have been and where we are going. The book explores issues such as the importance of linking IHRM activities to organizational strategy and culture; talent management; staffing; performance management; leadership development; diversity management; international assignment and mobility issues; and the role of IHRM in the management of global teams and cross-border joint ventures, mergers and acquisitions. The Handbook illustrates that IHRM research is both theoretically deep and eclectic. Drawing upon a range of paradigms and perspectives this compendium will prove invaluable for HRM scholars, doctoral students, and others interested in IHRM research.