Managing People in a Global Economy
Gold Coast, Australia
Area of Study
Business Management, Human Resources
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
OverviewCourse DescriptionStudents study important and interrelated aspects of international and comparative employment relations (ER). Students analyse international human resource management (IHRM) and industrial relations (IR) terms, concepts and theories from an international perspective and examine how Multinational Corporations (MNCs) may adapt and coordinate human resource management HRM and industrial relations IR programs to better integrate them into overall firm strategies in a competitive global environment. Students further examine how globalisation is impacting on traditional employment practices within countries as local governments and firms attempt to increase labour productivity to better compete in the global marketplace. At the macro-level students study institutions and legislation associated with HRM and IR. They further examine how socio-political settings, culture and levels of economic development influence HRM and IR practices. Factors such as local labour skill levels and labour costs impact on an MNC's investment decisions; for example, where to locate or relocate their production processes. At the micro-level students analyse case studies and other material that demonstrate how these concepts are applied in practice.Course IntroductionManaging people or managing the employment relationship between employers and workers is often one of the more challenging aspects of any managerial role. Managers have to decide on the work they require employees to do, who to employ, how they are going to pay them, what training they require; and how to motivate their workers to get the most out of them. These issues and challenges become more complex in an international environment. Given that the number of workers employed by foreign owned subsidiaries has more than doubled in the past decade, the need to effectively manage overseas based workers has become of paramount importance for multinational corporations (MNCs). This has led to a growing interest in international human resource management (IHRM) and comparative employment relations (ER) issues and frameworks. This course examines these fields of research and practice and considers strategies to better address the challenges associated with managing people in a global economy.Course AimsStudying how Multinational Corporations (MNCs) address international human resource management (IHRM) challenges combined with a knowledge of comparative employment relations (ER) practices and systems will assist students to develop the skills required to better manage employees in an international context. It will further allow them to evaluate local employment relations themes and trends in the light of overseas experiences.Learning OutcomesAfter successfully completing this course you should be able to:1 Demonstrate knowledge of international human resource management (IHRM) and comparative employment relations (ER) terms and concepts.2 Demonstrated ability to evaluate and analyse different approaches to IHRM and comparative employment relations (ER) issues and construct logical arguments to support and/or criticise these viewpoints.3 Evaluate how international competitive pressures and foreign direct investment (FDI) impact on local and international ER practices4 Consider and evaluate the ethical implications of MNC ER strategies, including strategies to address these issues.5 Enhance teamwork and interpersonal skills through workshop exercises and class participation;
Weighting/Marked out of
Test or quiz
Multiple choice quizzes
Guided discussion with peers
Workshop submissions & discussion
Exam - constructed response
Mid-Semester Exam - Nathan & Gold Coast ONLY
Exam - selected and constructed responses
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.