cost too much. China's workforce is much hungrier and more frugal than many of their counterparts in the United States.
HR performance measurement shall be an important area which will help organizations to identify performance discrepancy between actual performance and expected performance, to enable continuous improvement in human performance. In GVC, its boundary-spanning nature would entail that measurement should be aligned across different functional areas. GVC also will impact the reward administration and reward systems need to be designed to foster the cross-functional team’s performance.
Infosys decided to hire Chinese graduates and started by inviting and teaching a select group of Chinese students English at its office in Mysore,
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Attempting to force-fit global HR and business standards into markets without acknowledging local values and culture can make it difficult to attract and retain top local talent. At the same time, companies that develop geography-specific strategies should keep in mind the reason why many workers look to them in the first place. Respect for the global talent brand, access to global colleagues, improved resources, global mobility opportunities—these aren’t just the reasons that employees are attracted to an organization. They are also the reasons they …show more content…
The common skill requirements in GVC driven organizations would commonly include strong analytical and communication skills, technological expertise, interpersonal and customer service skills. These other important skills and knowledge include: Financial planning / Forecasting/Cost analysis / Knowledge of international business practices / Knowledge of laws and regulations / Knowledge of logistics functions and the supply chain / Optimization of workflow /Knowledge of transportation / General management and business / Languages Tactical Operational / Contract administration and management/Regulatory knowledge and Negotiation skills / Vendor relations/ management / Performance measurement and quality management / Knowledge of currency markets and business implications/Emerging emphasis on process and change management skills/Employee