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Presenting a rigorous analysis of HRM trends and strategies in Latin America for academics and professionals, this text provides a general overview, highlights regional characteristics, analyzes the challenges faced and explores key cultural issues of human resources in Latin America.
Latin America today presents a dynamic but challenging business landscape. Although foreign investment in the region has risen, Asia’s increasing role in the global economy is a challenge to Latin America’s competitiveness. At the same time, Translatina firms – Latin American trans-national companies – continue to grow in capital and influence. This original collection explores the tensions between the strategic HRM policies demanded by global competition and local approaches rooted in Latin American cultural values. The book uses a selection of real-life case studies, plus quantitative data, to understand the unique challenges of human resource management in Latin America, exploring: the relationship between political, economic and social forces and HR practices lessons from successful HRM practices in the region the role of HRM practices for business strategy in Latin America national development and HRM practices diverse specific social and cultural contexts. Written by regional-based academics with intimate knowledge of the cultural and business landscapes, this is an important reading for students of human resource management, and business and management
In a period of about 20 years, Latin America (LATAM) moved from having highly unstable closed economies ruled by authoritarian regimes, to becoming more democratic, stable and open to investment and trade, attracting by 2020 close to 11% of world total foreign direct investment. In parallel, the region has seen the emergence of large multinational companies (so called multilatinas), which have become true global players. There is still relatively little knowledge about how to manage employees in these countries and there is a need for more research addressing people management problems. In comparison with other world regions, Human Resource Management research on Latin America remains scarce. Focusing on this region, this book seeks to offer a more up to date review of the main developments in HRM and talent management that have recently occurred in Latin America, paying attention to local cultural and institutional factors; illustrate examples of idiosyncratic problems or issues that require approaches to TM that differ significantly from those commonly established in current literature; and describe and reflect on the transfer of Talent Management policies from and to LATAM within the context of local and foreign multinational companies. Talent Management in Latin America updates main HRM topics in Latin America, with a local focus on culture and institutions. It shows the latest state of knowledge on the topic and will be of interest both to researchers, academics, and students in the fields of human resource management, critical management studies, and international business.
Within the emerging Latin American consensus on development, human resource investments are considered essential for reducing poverty and integrating economic growth and social reform. Investing in people enables work forces to adapt to rapidly changing markets and share in the benefits of economic growth. Human Resources in Latin America and the Caribbean examines investments across the region in education, training, health and nutrition. The book points to the impact of human resource investment on productivity and income distribution, and examines how changes in human resource policies - particularly those affecting the delivery of social services - could substantially improve returns in several key areas of development. Although a survey finds Latin America's human resources fare relatively well by international comparison - with high investment levels in some countries associated historically with good macroeconomic performance - important gaps and inadequate investment in recent years are cause for concern.
Written by regional-based academics with intimate knowledge of the cultural and business landscapes, this excellent overview of current HRM practices in a changing region will be key reading for students of HRM and business and management
Since the late 1970s scholars and practitioners of international management have paid increasing attention to the impact of globalisation on the management of human resources across national boundaries. This collection of important articles and essays provides a comprehensive review and critique of developments and future directions in International Human Resource Management. Focusing on three major developments or approaches - Cross-Cultural Management, Comparative HRM and Strategic HRM, the volume explores challenges and opportunities facing researchers, international managers and employees.
The economic growth of emerging markets has been unparalleled in recent history, accounting for 50 per cent of global economic output. Despite this reality, this much-needed Handbook is the first contemporary book on human resource management (HRM) res