Summary: | 碩士 === 國立中山大學 === 高階經營碩士班 === 95 === Manufacturing industry is leaning toward globalization. After year 2000, traditional manufacturing industry has gained some experience toward foreign operations. Consequently, continual investment toward foreign subsidiaries should be studied carefully according to the following three methods: sole ownership, cooperative ownership while retaining control, and investment without majority control of the foreign subsidiary. Careful study of each method is required for multinational corporations in order to avoid wasting time and resource on management. Potential pitfalls include, but are not limited to, losing control of the foreign subsidiary, disagreements between shareholders, inappropriate levels of management. This study is an analysis and discussion of the three different methods.
This study for the international netting manufacturer is focussing on “Human Resource Management Utilizing Strategy and Control Model”. This method should be helpful in watching over the operations of the foreign subsidiary. Furthermore, the purpose of this study is to help the business manager, who may be located at the headquarters, to manage the foreign subsidiary in a highly competitive and unpredictable global economy. “Human Resource Management Utilizing Strategy and Control Model” will also help the manager at foreign subsidiary to evaluate production output, organizational behavior, and local hiring practices.
One of the prerequisites for using “Human Resource Management Utilizing Strategy and Control Model” is the Analytical Hierarchical Process (AHP). Using the AHP as a tool to cross compare different key factors, the process will arrive at a conclusion for the most effective way to manage the foreign subsidiary. One of the outcomes from the AHP process is a map for the top manager at headquarters. The manager will need to keep the map in mind at all times and follow through in the office. Whenever AHP is used as part of the practice, the manager can effectively implement “Human Resource Management Utilizing Strategy and Control Model”.
The study arrives at the conclusion that global economy is an unstoppable future trend. Formulating a simple management system for multinational corporations can be beneficial for the netting manufacturer. With the simplified management system, distance, cultural, and language barriers can be overcome. With AHP process, a complex problem can be reduced systematically into solvable simple problems. The management system is flexible enough, that the managers using the system can redefine and synthesize new definitions to suit the particular business. Using top-down approach, if both headquarters and foreign subsidiaries use the same “Human Resource Management Utilizing Strategy and Control Model” thoroughly, the multinational corporation can be come more competitive in all aspects.
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