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HR in Global Contexts

4-1 Milestone Two 4-1 Final Project: Milestone Two Katelynn R. Austin OL 668: HR in Global Context Southern New Hampshire University Fall 2021 4-1 Milestone Two Business Practice Analysis Gaps in Organization Current Practices In order to Nimble to be successful in a global market, and to become a more geocentric type of organization, there are going to be many changes that the organization has to consider. The lack of an HR team, and the current hiring practices are going to hinder the success of Nimble when trying to expand globally. We know that currently Nimble relies on referrals from its employees in order to recruit new employees [ CITATION Hom15 \l 1033 ]. While there are some benefits to this, such as ensuring that employees fit in well on a personal level and have the values that the organization is looking for, there are also some downfalls. This type of hiring practice is hindering them from finding the most qualified and potentially the best person for the job. This is something that is going to be especially important for Nimble as they begin to expand into the global market. They will no longer be able to rely simply on the referrals of employees to fully staff these new locations, especially since its likely you will not know employees in these areas. Instead, Nimble needs to change their recruiting and hiring methods to help attract the best candidates for the job. Which leads back to having an effective HR team. As Nimble continues to expand they are going to need a full HR department that is able to advertise, recruit, hire, train, and manage employees. In addition to adding a dedicated HR department, and changing the way in which they hire employees, another area of concern for Nimble in the global market is the culture. Since they are a U.S. company trying to expand around the world, it is likely they are not familiar with the different cultures, locations, and practices found around the world. This could become a huge gap for the organization, and substantially hinder their success. In order to better ensure that success, it will be important to Nimble to research the locations culture, laws and regulations. 4-1 Milestone Two and the environment that they will be working in. Knowing what they are getting into better allows them to be set up for success. HR is going to need to know labor laws and anything else that employers must follow in the local country. This could prevent a huge loss of money from making mistakes that you weren't even aware of. Business Practice Adopting a more geocentric approach has many benefits for an organization. "A geocentric company is one where the management looks at opportunities on a global scale instead of focusing on the way that business gets done in a given country[ CITATION Ste \I 1033 ]." Rather than spending time and resources understanding how to be successful in each and every location you want to