UNIT – I Lesson 1 HRM – AN OVERVIEW Lesson Outline Nature of ...

in India seeking job in MNCs should come up to the expectations of world requirements.
There are certain special features in this context.
Cultural Factors
Culture means shared beliefs, values, norms and moral by people. Organizational
culture means a pervasive underlying set of beliefs, assumptions, values, shared feelings
and perceptions. Indian technical people placed by MNCs in various countries should
adopt to the culture and custom prevailing there.
Individualism
In simple terms, individualism means the degree of preference of individuals
expected to look after themselves and their immediate families. Just reverse is
collectivism. Personnel should come out of the shell and know to make collective living
culture.
Compensation
The standard of living and style of living will differ. MNCs cannot differentiate
pay to the same category on the ground that they are from different nationals. The
perquisites should be the same to all. The company would like all their personnel to follow
the same corporate culture that is in observance.
Labour Relations Factors
Labour relations or industrial relations are bound to differ between different
countries. MNC having its operation in different countries should take into consideration
the labour relations prevailing in that country.
Recruitment, Selection and Training
MNCs have to be critical and choosy in their selection taking into consideration its
existing standard and style. Separate training programme for different nationals in
employment may be needed.
Communication Skill
This aspect is important for the personnel employed in MNC placed in different
countries. Special training in communication perfection may be needed.
Self-Assessment Questions (SAQs)
1. Explain internal environment having influence on HRM.
2. Explain external environment which have bearing on HRM activities.