International Human Resource Management Essay Example | Topics and Well Written Essays - 3000 words

International Human Resource Management - Essay Example The success or the failure of such organisations largely depends on their human resources and their management. Human resources are considered to be an integral and crucial part of an organisation. The success of an organisation depends on the management of its resources related to production but it is greatly reliant on the way it manages its workforce or human resources. Proper management of the human resources would facilitate in triggering and delivering the actions desired by the organisation. These desired actions contribute significantly towards the success of the organisations (Ashamalla 1998). Therefore, it can be well understood that for such international firms or multinational enterprises an appropriate human resource management is quite essential and crucial for the reason of their success. It can be stated that International Human Resource Management is related to the understanding and functions of the entire behaviours associated with the human resource management as t hese behaviours or performances as they have been observed to create an influence on the way of controlling and handling human resources in organisations in the international environment (Briscoe et al. 2008). In the paper, the impact of international regulation in terms of Human Resource on a Multinational Enterprise (MNE) called Royal Philips Electronics would be investigated and explored. Outline of the Context and Structure of Royal Philips Electronics Royal Philips Electronics is a Multinational Enterprise and is considered to be amongst the largest global companies and is stated to be the leading electronics company in Europe. The company is believed to be an international leader in lighting, picture tubes for colour television along with monitors, colour... The intention of this study is Royal Philips Electronics as one of the largest global companies and one of the leading electronics company in Europe. The company is believed to be an international leader in lighting, picture tubes for colour television along with monitors, colour televisions, electric shavers and products of one-chip television. The company has its strong presence in over 60 countries and engages 233, 700 people as its employees. The company is proactive in the fields of consumer electronics, components, medical systems, IT services, lighting, domestic appliances, semiconductors and business electronics. The company is listed on the London, Amsterdam, and New York Stock Exchanges (NYSE) and in different other stock exchanges as well. The company ranks eighth amongst the leading 30 international electronics corporations. Royal Philips Electronics is considered to be the global leader in the field of digital technologies that forms a part of wireless communications, vi deo compression, optical products, displays, speech recognition, and storage products along with fundamental technology related to semiconductor which facilitates the achievement of these infiltrations possible. Royal Philips Electronics was initially founded by Gerard Philips in Netherlands for the purpose of developing various electrical products and incandescent lamps. The company during its early years focused on manufacturing lamps with carbon-filament and it had been included among the biggest manufacturers of Europe in the early parts of the twentieth century.