International HRM Essay Example | Topics and Well Written Essays - 3250 words - 1

International HRM - Essay ExampleOakland (2000) proposed that employees participation helps in implementing the total quality counselling (TQM) strategy. The participative form of management is stated to help the subordinates in sharing the decision making power with their superiors. But the success of any strategy depends upon a fig of factors, implementation policy and prevailing circumstances. How such policies are implemented by the companies, depends upon the laws of the land and the factors like unions bargaining power, relationship employees unions and the management, the composition of national equity in the friendship etc. Participatory form of management includes quality circles, collective bargaining, job control, works councils or workers council, co-determination, employee participation on company boards, labour-controlled investment funds and employee stock ownership plans (OHara, 1999). Such participation leads to involvement of employees in key decision making pro cesses and the employee feels empowered at the workforce, as he has a say in setting the course instead of just following the orders. How this empowerment is carried out, depends upon the way decentralisation takes place within the organisationToday, in view of the competition, profit margins have be interpose quite thin, which sometimes forces the management towards taking cost-cutting initiatives, that includes outsourcing, retrenchments, relocation of employees, pressure on employee benefits etc. Germany and UK too are moved(p) by the phenomenon of outsourcing and availability of skilled workforce at cheaper rates from places like India, China, Philippines, Malaysia etc. Under such circumstances, the unions as well as the management come under pressure to fine-tune their strategies in order to retain the loyalties and goodwill. While Unions in these nations are busy fighting for the retention of jobs, managements too