ABSTRACT

This chapter examines the important role of Human Resource (HR) planning in carrying out an Multi National Company (MNC's) strategic plans effectively through the people factor as well as in preparing the organization throughout its worldwide operations for optimal long-term productivity in utilizing human resources. Important considerations for the HR planning function include the determination of work demand and labor supply based on strategic objectives, environment scanning, work organization and job design, and analysis of important sources of labor. The chapter examines longer-term HR planning issues including forecasting labor supply trends and opportunities, and key practices for building global organizational talent capability. Major forms of international work arrangements include traditional expatriate assignments, inpatriate assignments, short-term foreign assignments, virtual expatriate assignments, and multinational virtual teams. The foreign short-term work assignments, particularly to the same foreign worksite, lead to extended or expatriate work assignments for two to five years and more at the foreign location.