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269<br />

<strong>International</strong> <strong>Business</strong>- <strong>Dr</strong>. R. <strong>Chandran</strong><br />

1. Better view of the HR dimensions of business decisions abroad<br />

2. Lower HR costs through better HR management.<br />

3. More timely recruitment for anticipate HR needs<br />

4. More inclusion of protected groups through planned increases in<br />

workforce diversity.<br />

5. Better development of managerial talent<br />

Scanning the External Environment<br />

1. Environmental Scanning<br />

a. The process of studying the environment of the organization to<br />

pinpoint opportunities and threats.<br />

2. Environment Changes Impacting HR<br />

a. Governmental regulations<br />

b. Economic conditions<br />

c. Geographic and competitive concerns<br />

d. Workforce composition<br />

Internal Assessment of the Organizational Workforce<br />

1. Auditing Jobs and Skills<br />

a. What jobs exist now?<br />

b. How many individuals are performing each job?<br />

c. How essential is each job?<br />

d. What jobs will be needed to implement future organizational<br />

strategies?<br />

e. What are the characteristics of anticipated jobs?<br />

2. Organizational Capabilities Inventory<br />

a. HRIS databases—sources of information about employees’<br />

knowledge, skills, and abilities (KSAs)<br />

b. Components of an organizational capabilities inventory<br />

• Workforce and individual demographics<br />

• Individual employee career progression<br />

• Individual job performance data<br />

Assessing HR Effectiveness<br />

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