In this article, we discuss the reasons for organizations to have a HRM strategy as well as the business drivers that make the strategy imperative for organizational success. It is from this motivation to be at the top of the pack that HRM becomes a valuable tool for management to ensure success. The Evolving Business Paradigm One of the factors behind organizations giving a lot of attention to their people is the nature of the firms in the current business environment.
In fact, in the complex world of politics everything seems to be strictly linked and correlated to the point that almost every action taken in the realm of foreign policy has an echo in the domestic sphere and vice versa. However, from a theoretical perspective, we can identify a number of differences between the two.
Such actions include Ratifying international bilateral or multilateral treaties or conventions; Adhering to international law which includes international human rights law, international humanitarian law, etc. In democratic countries, whenever a candidate runs for office President, Prime Minister, etc.
For instance, during the recent US Presidential campaigns, we saw Donald Trump and Hillary Clinton expose their foreign and domestic Domestic vs international hrm. They tackled topics related to the role of the United States in Syria, the fight against terrorism, taxes, the replacement or improvement of Obamacare, and many other topics.
Winning an elections—any regular election—is a matter of combining good domestic and foreign policies in order to gain the trust and the support of the masses.
Differences Indeed, the main difference between foreign and domestic policy is their area of concern inside or outside the country. However, the two also differ in terms of their interests, external factors, public pressure, whether they are proactive or reactive, and their level of security.
Whenever we talk about foreign policywe need to keep in mind that the number of stakeholders and actors involved is incredibly high, much higher than in the case of domestic policy. In fact, international relations are built on a fragile net of personal and diplomatic relationships that need to be carefully cultivated and shielded.
The thick interlinkages between countries deeply affect the decision-making process at the international level. Therefore, making smart choices in the realm of foreign policy means balancing the interests of all possible stakeholders involved. For instance, while larger involvement in Syria by the US may have a positive impact in the fight against ISIS, a stronger American presence in the area could intensify the tensions with the Russian counterpart.
In the same way, stronger economic ties between China and Russia could jeopardize the leading economic role of the United States on a global scale.
On the contrary, at the domestic level, the number of stakeholders is considerably lower. Indeed, the leading party and the President or Prime Minister in office need to respect the promises made during the electoral campaign to preserve the support of the population.
Failing to take into account all external factors can have dramatic consequences and provoke enormous losses. In general, foreign policy is less influenced by public pressure for a number of reasons: Citizens give priority to the policies that directly affect them i.
Luckily, this is not always the case, and in some instances, citizens have protested against and influenced the outcome of foreign policies, such as with the Vietnam War; Foreign policies tend to be less publicized by the government and are always surrounded by a veil of secrecy, in particular as far as military operations and interferences are concerned; Media coverage can be less accurate without increasing the popular discontent: Conversely, as the world of international politics and international law is more unpredictable, ensuring accountability for actions and decisions implemented under the umbrella of foreign policy is much more complex.
Foreign policy is often shaped and influenced by external events and by the actions of other countries. On the contrary, domestic policy depends on the intentions and the agenda of the head of state who acts in a proactive way.
The strong linkages between all international actors create a tangled web of actions and reactions. Such tendencies can also lead to an impasse, like in the case of the Cold War: Even though no official war was fought, the two superpowers have kept the international community in check for decades.
In the realm of foreign policy, every move has a meaning and calls for a reaction. During electoral campaigns—in the case of democracies—the candidates need to disclose their general agendas concerning both domestic and foreign policies.
However, no head of state would ever openly reveal all implications and choices related to foreign policy. While the citizens have the right to know the intentions of their leader, governments tend to cover up their international agenda in order to maximize their benefits and reduce the risks.
Furthermore, countries often engage in dangerous military operations to combat international threats like terrorist groups, and such operations often need to remain secret. As far as domestic policy is concerned, candidates and heads of states should maintain the highest possible level of transparency in order to preserve the support and the trust of the electors.
Summary As we have seen, foreign policy and domestic policy differ in a number of substantial ways. They have different areas of concern: Foreign policy is related to the role played by a country within the international community with regard to other States and international institutions; and Domestic policy is related to all actions and decisions made by the government within the borders of a given country.
Foreign policy is covered by a veil of secrecy that should be absent in domestic policy; Foreign policy reacts to external conditions and influences while domestic policy is more proactive; Foreign policy needs to take into account a large number of stakeholders and external influences and interests while domestic policy does not; and Foreign policy is less subjected to public pressure than domestic policy.
However, a closer analysis would easily reveal that not all the just mentioned conditions always apply, for instance: Not all governments act for the benefit of their country and their citizens; Not all governments virtually no government have a transparent domestic agenda; Not all foreign policy operations are kept secret to protect the population and prevent failures; and Not all domestic policies are subjected to public pressure.
If you like this article or our site.Domestic and international HRM both operate in the same basic way. The same issues and procedures exist in HRM, with respect to each country where operations are located.
The basic structure of HRM won't change based on the location of the company's operations. Many students of management and laypeople often hear the term HRM or Human Resource Management and wonder about the difference between HRM and the traditional term Personnel Management.
In earlier times, the Personnel Manager of a factory or firm was the person in charge of ensuring employee welfare. Domestic Vs International Trade Mohammad Tariqul Islam Domestic Trade: Trade among parties in the same country. Domestic trade is the exchange of goods, services, or both within the confines of a national territory.
The FIFA World Cup was the 21st FIFA World Cup, an international football tournament contested by the men's national teams of the member associations of FIFA once every four years.
It took place in Russia from 14 June to 15 July It was the first World Cup to be held in Eastern Europe, and the 11th time that it had been held in Europe.
At an estimated cost of over $ billion, it. Domestic marketing vs International marketing Domestic marketing and International marketing are same when it comes to the fundamental principle of marketing. Marketing is an integral part of any business that refers to plans and policies adopted by any individual or organization to reach out to its potential customers.
The effective management of human resources in an international context is increasingly seen as a key source of competitive advantage in international business; and the quality of management seems to be even more critical in international than in domestic operations (e.g.
Monks, et al., ).