HRM practices in view of internationalization : evidence from business in Greece

Part of : MIBES Transactions : international journal ; Vol.3, No.1, 2009, pages 147-156

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Pages:
147-156
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Abstract:
The Greek business context is mostly dominated by small family enterprises, which function under traditional management methods. Nevertheless, a cluster of Greek-based companies has been detached from the mainstream by means of striving to go global. To this end, modernization of management and an emphasis on the human factor seems indispensable to them. On the other hand, in the recent years a lot of multinational subsidiaries have been entering Greece, bringing along with them generic human resource practices applied by mother companies. Influence of national culture necessitates a high degree of flexibility with regard to adaptation and application of outlandish human resource approaches. This paper constitutes a literature review of human resource developments in the Greek context. Its main objective is to examine the impact of national culture on HR practices applied in the recent years. On the other hand, aim of this paper is also to assess the extent to which national culture has been affected by the 'modus operandi' of influential corporations functioning within the Greek context.
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Keywords:
HRM, Greece, culture, globalization, multinationals
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Περιέχει βιβλιογραφία, JEL Classifications: M51