what is the advantage of a geocentric staffing policy

by Zita Franecki Published 3 years ago Updated 3 years ago

What is an advantage of the geocentric staffing policy? It enables the firm to build a cadre of international executives who feel at home working in a number of cultures.

Which companies are using geocentric approach?

global leaders and the customers: there are a few examples of companies where geocentrism is in force for instance kfc has “a vegetarian thali (a mixed meal with rice and cooked vegetables) and chana snacker (burger with chickpeas) to cater to vegetarians in india” and viacom’s mtv channels are “branded accordingly as mtv india, mtv korea, mtv …

What is ethnocentric approach to staffing?

What is ethnocentric approach of staffing? The ethnocentric staffing policy refers to the strategy of a multinational company to employ managers for key positions from the parent headquarters instead of employing local staff (“Global Human Resource Management”).

What is Regiocentric approach?

The advantages of ethnocentric approach can be as follows:

Better coordination between the host and the parent company.
The culture of the parent company can be easily transferred to the subsidiary company, thereby infusing beliefs and practices into the foreign country this also help in controlling the subsidiary ...
The parent company can have a close watch on the operations of the subsidiary.

What is ethnocentric staffing?

Ethnocentric staffing means to hire management that is of same nationality of parent company. When a company follows the strategy of choosing only from the citizens of the parent country to work in host nations, it is called an ethnocentric approach.

What is geocentric staffing?

Definition Geocentric staffing refers to the choices that multinational corporations make regarding the staffing of their subsidiaries, whether they use parent country nationals (employees from the home country), host country nationals (employees from the subsidiary loca- tion), third country nationals (employees from ...

Why do companies prefer geocentric approach?

The rationale behind the Geocentric Approach is that the world is a pool of talented staff and the most eligible candidate, who is efficient in his field, should be appointed for the job irrespective of his nationality.

What is a disadvantage of adopting a geocentric staffing approach?

Which of the following is a disadvantage of adopting a geocentric staffing approach? Training and relocation costs increase when transferring managers from country to country.

What is the main advantage of an ethnocentric staffing approach?

The obvious advantage to ethnocentric staffing is the alignment of interests and perspective of the home office with all foreign subsidiaries abroad. Communication is also easier because there should be no language and cultural barriers.Oct 18, 2021

What are the assumptions of geocentric staffing policy?

Geocentric: The belief that the firm's whole management staff must be scoured on a global basis, on the assumption that the best manager of a specific position anywhere may be in any of the countries in which firm operates.Nov 1, 2010

What are the advantages to a business of adopting a geocentric marketing approach?

Advantages of Geocentric Approach

MNC's can develop a pool of senior executives with international experiences and contacts across the borders. The expertise of each manager can be used for the accomplishment of MNC's objective as a whole. Reduction in resentment, i.e. the sense of unfair treatment reduces.

What is a characteristic of a geocentric staffing policy quizlet?

A geocentric staffing policy is one in which the best people are sought for key jobs throughout the organization, regardless of nationality. -consistent with building a strong unifying culture and informal management network.

What is a staffing policy?

Staffing policy is concerned with the selection of employees for particular jobs. At one level, this involves selecting individuals who have the skills required to do particular jobs. At another level, staffing policy can be a tool for developing and promoting corporate culture.

What are the main advantages and disadvantages of the ethnocentric approaches to staffing policy?

The advantages of the ethnocentric approach are: (1) Overcomes lack of qualified managers in host country, (2) Unified culture, and (3) Helps transfer core competencies. The disadvantages of the ethnocentric approach are: (1) Produces resentment in host country, and (2) Can lead to cultural myopia.

What is the advantage of using an ethnocentric staffing approach quizlet?

An ethnocentric staffing approach alleviates cultural myopia, while a polycentric staffing approach can lead to cultural myopia.

What is geocentric approach?

Definition: The Geocentric Approach is a method of international recruitment where the MNC’s hire the most suitable person for the job irrespective of their Nationality.

Why is proper scrutiny required by HR?

Proper scrutiny is required by the HR to select the most suitable person for the job, which could be time-consuming. This approach is very costly since the recruitment agencies or the consultants are to be hired for the global search for eligible candidates. Generally, the recruitment agencies or the consultants are hired to find ...

Most recent answer

The geocentric policy approach to staffing assigns job positions to any person best suited for the position, regardless of the employee’s background, culture or country of origin. The main advantage of this staffing policy approach is that it is highly flexible.

All Answers (7)

I appreciate Leonidas thoughts and like to add one more: don't underestimate the question of cultural fit. Even if you think global in your business, it is very likely that most of your people are local and share a cultural basis.

What are the problems with geocentric staffing?

Three main problems have been identified in implementing the geocentric staffing approach ("Global Human Resource Management"): 1. It is increasingly the case that many host countries use their immigration laws to require the employment of local nationals (HCNs) where possible. 2.

What is the ethnocentric staffing policy?

2. Regiocentric policy. 2.1 The Ethnocentric Staffing Policy. The ethnocentric staffing policy refers to the strategy of a multinational company to employ managers for key positions from the parent headquarters instead of employing local staff ("Global Human Resource Management").

Why is it important to develop a pool of senior international managers?

2. It reduces the tendency of national identification of managers with subsidiary units of the organization.

What are the disadvantages of regional approach?

On the other hand, the disadvantage of the regional approach is that it can lead to identification with regional rather than global objectives and may limit the development of a global approach. [...] Pros, Cons, International, Staffing, Policies.

Why do organizations use parent country nationals?

Many organizations have traditionally relied on parent country nationals (PCNs) for staffing top management positions abroad for a number of reasons ("Global Human Resource Management"): 1. The expatriate's technical and business expertise.

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