International Human Resource Management Essay Example | Topics and Well Written Essays - 7000 words

International Human Resource Management - Essay ExampleThe world of interntionl business my, of course, not involve IHRM it is not relevnt in, for exmple, the spred of frnchising opertions nd the growth of conglomertes which hve no strtegic objective of mximizing their interntionl opertions. But for most enterprises including hotel nd hospitlity manufacturing interntionliztion equtes with n incresingly importnt role for IHRM nd necessity to dpt HR prctices to locl needs.Current pper is n nlysis of Seychelles HRM in comprison with UK. The study is bsed on the cse of Molten Hotel tht is opening on n islnd Seychelles nd requires recommendtion on HR prctices in order to effectively mnge the locl stff nd rech the profitbility on new mrket.Molten Hotels is leding UK bsed hospitlity compny, which owns nd mnges hotels round the world, with one of the UKs best know brnd nmes. The compny hs hotels in thirty eight countries nd dependent territories round the world, with its hed office bsed o n the Strnd in London, UK. It employs round 50,000 people worldwide, nd is regulrly recognised s n employer of choice. The compny hd totl revenues of just over three meg dollrs worldwide during the 2007 finncil yer, with operting profit of round five hundred million. This put the hotel just below such globl brnd nmes s Hilton nd Mrriott in terms of globl rech, brnd recognition nd finncil performnce.The first Molten Hotel ws founded in 1758 by John Molten in Mnchester, where it ws known s Moltens Guest nd Coch House. The hotel ws fmily owned nd run for the first hundred nd xx yers until in the end of the 19th century, when brhm Molten took dvntge of the rilwys tht hd sprung up compensate the country to build two new hotels in