Facing complexity, crisis, and risk: Opportunities and challenges in international human resource management
Farndale, E., Horak, S., Phillips, J., & Beamond, M. (2019). Facing complexity,
crisis, and risk: Opportunities and challenges in international human resource
management. Thunderbird International Business Review, 61(3), 465-470. DOI:
10.1002/tie.22037
Link:
https://doi.org/10.1002/tie.22037
Abstract
International human resource management (IHRM) as a field of practice involves
heightened levels of complexity compared to domestic HRM based on the multitude
of contexts in which multinational firms operate. As complexity increases, so do
levels of risk and the chance that the firm must deal with crisis situations.
Based on papers presented at the 3rd Global Conference on IHRM, this special
issue focuses on how IHRM can contribute to organization success when faced by
extreme operating conditions. This editorial provides a backdrop to the papers
by describing the challenging economic, political and social environments
impacting organizations, exploring conditions from the recent past and current
day such as the global financial crisis, trends toward political nationalism,
aging populations and growing immigrant workforces. The focus lies on exploring
how HRM can respond to such challenging external contexts to continue to
contribute added value to the firm.
Keywords
International human resource management; economic crisis; political crisis;
social crisis; context; added value.