Question: These strategies can also be called the EPRG framework. Compare and contrast (3 paragraphs with 3 references) Ethnocentric, polycentric, regiocentric, and global orientations discussed in
These strategies can also be called the EPRG framework. Compare and contrast (3 paragraphs with 3 references) Ethnocentric, polycentric, regiocentric, and global orientations discussed in the course textbook and their relevance in international management.
authority and decision making in headquarters compared to the polycentric approach Without exception, all phases of IHRM should support the desired strategy of the firm. In the staffing phase, having the right people in the right places at the right times is a key ingredient of success in international operations. An effective managerial cadre can be a distinct competitive advantage for a firm EXHIBIT 2-4 Relationships among Stratepic Mode, Organizational Variables, and Staffing Orientation" Aspects of the Orientation Enterprise Ethnocentric Polycentric Regiocentric Global Primary strategic International Multidomestic Regional Transnational orientation/stage Perpetuation People of home People of local Regional people Best people every (recruiting, staffing, country developed for nationality developed developed for key where in the world development) key positions every for key positions in positions anywhere developed for key where in the world their own country in the region positions everywhere in the world Complexity of Complex in home Varied and Highly interdependent "Global Web": organization country, simple in independent on a regional basis complex, worldwide subsidiaries alliancesetwork Authority, decision High in headquarters Relatively low High in regional Collaboration of in headquarters headquarters and/or headquarters and high collaboration subsidiaries around among subsidiaries the world Evaluation and Home standards Determined locally Determined Globally integrated control applied to people and regionally performance Rewards High in headquarters; wide variation: Rewards for Rewards to inter- low in subsidiaries can be high or low contribution to national and local rewards for subsidiary regional objectives executives for reaching performance local and worldwide objectives based on global company goals Communication: High volume of Little to and from Little to and Horizontal; network information flow orders, commands, headquarters; little from corporate relations: "virtual advice to subsidiaries among subsidiaries headquarters, but may teams be high to and from regional headquarters and among countries Geographic Nationality of owner Nationality of host Regional company Truly global company, identification country but identifying with national interests ("glocal")