International personnel and development Essay Example | Topics and Well Written Essays - 3000 words

International personnel and ontogeny - Essay Example recruitment and selection process, management development and performance appraisal has a significant effect on the international reward and compensation packages a company is offering to the expatriates. Therefore, international HR management should take it as a challenge to overturn possible weak points in its international reward and compensation packages.To avoid legal issues in other countries, the company should exert an effort to make sure that its international HR management group will comply with the labour laws in its five major business group. Basically, the authority and responsibility of international HR management does not end in sending out expatriates on international assignment, this group of individuals should also develop and implement emulous repatriation packages to prolong the long-term benefits of LVMHs change magnitude number of expatriates.Established in 1971, LVMH expanded its business to become the leading luxury brand imperium in the world. As a successful aggregate confederacy of brands, LVMH is now composed of 50 companies that are directly managing 450 subsidiaries in the world market (p. 319). Handling its subsidiaries, each of the 50 companies is composed of a death chair and Executive Committee monitors the business activities of each subsidiary. Although LVMH acknowledges the importance of being multi-cultural when managing its businesses all over the world, LVMHs homosexual resource department is encountering challenges related to the companys existing career development strategies due to overlook of international experience.Employing a total of 56,000 employees in different countries, the HR department of LVMH is challenged to attract, develop and retain competitive managers with global competence by improving the companys HR strategies related to career development and international mobility options. Engaged by the Corporate Head Quarters as a Principal advisor with McStrategy Consulting expertise, a literature-based