Handling Hr Issues in Greece

In: Business and Management

Submitted By sweetrn
Words 1008
Pages 5
Handling HR issues in Greece
Vicki Sweet
Saint Leo University
Human Resource in Management
MBA 533
Dr. Sherbert
July 14, 2013

Handling HR issues in Greece
In the ever-changing business climate, utilization of global human resources continues. Whether a multinational corporation or a global corporation, cultural complexities play a dominant part in the handling of HR issues. Cultural differences are a factor in the determination of an organization’s fit within the foreign culture and as such, must be closely examined to succeed in the international business market. According to Myloni et al. (2003), “HRM practices are grounded in cultural beliefs that reflect the basic assumptions and values of the national culture in which organizations are embedded.” (Myloni, Harzing, & Mirza, 2003, p. 7)
Professor Geert Hofstede‘s 1984 cultural dimensions research established four dimensions of national culture: power distance, individualism versus collectivism, avoidance of uncertainty, and masculinity. The fifth dimension of long-term versus short-term orientation was later added. (The Hofstede Centre, n.d.) These dimensions represent cultural differences between countries and exhibit how culture influences work behavior and the effectiveness of HRM policies and procedures. Utilizing Hofstede’s cultural dimensions information, this paper will examine how HR issues might be handled in Greece.
The first cultural dimension, power distance, refers to the emphasis placed upon human inequality and the attitude of the culture towards those inequalities. Greece has a high power distance score, which means that society believes hierarchy should be respected and inequalities amongst people are acceptable. Power is concentrated in few hands and symbols of that power, i.e. larger offices and titles, are to be respected. There is a strict hierarchy within business and…...

Similar Documents

Hr Issues in M&a

...for HR 14 SUCCESS MANTRA for M & As 15 Cultural integration 15 Change Management 16 Management resources 16 Role of HR in M&A’s 18 Three Stage Model of Mergers and Acquisitions 21 Stage 1-Pre-Combination (HR Issues): 21 Stage 2-Combination and Integration (HR Issues): 22 Stage 3: Solidification and Assessment (HR Issues): 22 Role of the HR Department in M&A Activity 23 INDUSTRY EXAMPLE – Schnieder 26 Challenges due to acquisitions 26 Industry Example – MTS 29 Conclusions 30 At the Company Level 30 At the HR Level 31 REFERENCES 33 EXECUTIVE SUMMARY Mergers and acquisitions, as a means of rejuvenating and restoring business, have become increasingly popular phenomena for quite some time. Instead of starting from scratch for expansion into new territories, companies are spending more on merging with and acquiring existing companies in the target territory. The reality is always not as simple as it seems, and this is true in case of M & As. Merely acquiring a firm isn’t enough. All the operations, functions and facilities of the acquired firm have to be rationalized and combined for maximum efficiency. The main challenge comes from dealing with the HR issues faced during the process. People are the main assets of any organization, and any issue related to the employees has to be handled with utmost care. The Employee Relation project “HR issues in Mergers and Acquisitions” has given us a chance to dwell into the HR......

Words: 7368 - Pages: 30

Major Issue in Hr Department

...The major issues & challanges faced by HR Manager are: Health & Welfare, retirement, change management, compensation, Employee rewards, HR effectiveness measurement, HR technology selection & implementation, industrial relations, Leadership development, Learning and development, Legal/Regulatory compliance, M&A integration/restructuring, Organizational effectiveness, Outsourcing, Staffing: mobility of employees, Recruitment and availability of skilled local labour, retention and succession planning. Health & Welfare of the employees is a big challenge. If health of the employees of an organization is sound, they are able to perform well. Change Management represent a particular challenge for personnel management staff, as this expertise has generally not been a consistent area of focus for training and development of HR professionals. An intensified focus on training may be needed to develop added competencies to deal with change management. Leadership development also proves to be a big challenge HR professionals continue to wrestle with understanding the best ways to keep people in the pipeline and develop leaders for future succession planning. HR professionals are expected to provide the essential frameworks, processes, tools and points of view needed for the selection and development of future leaders. Across the globe leadership development has been identified as a critical strategic initiative in ensuring that the right employees are......

Words: 592 - Pages: 3

Greece

...that may be of importance is Greece, which is located in Southern Europe. Greece is one of the most mountainous countries in Europe, consisting of approximately eighty percent mountains and hills. It shares borders with four other countries (Albania, The Republic of Macedonia, Bulgaria, and Turkey), and is also bordered by three seas (Aegean, Mediterranean, and the Ionian). Greece has a total coastline length of 13,676 kilometers, which makes it the eleventh longest in the world. This coastline consists of the mainland as well as approximately 1,400 islands, 227 of which are inhibited. Greece has a fairly large population of almost eleven million people. Majority of the country, roughly 99 percent, speak Greek, while the remaining population speaks English and French. Because of Greece’s location, it faces some significant political and economic disputes between bordering countries. Since there are a vast amount of islands in the seas bordering Greece, it is always facing boundary disputes with neighboring countries. One of the best examples is the constant, ongoing discussion between Greece and Turkey attempting to resolve their complex maritime, air, territorial, and boundary disputes in the Aegean Sea. Another problem that Greece faces because of its location is the mass migration of Albanians into Greece seeking employment. This migration started in the late 1980’s and is still an issue in Greece today. The number of Albanian immigrants in Greece is estimated to be......

Words: 2282 - Pages: 10

Hr Issue

...HCAD 660 Human Resource Issue in Health Care Abstract Whenever a worker is asked about what may be the motivating factor for them accepting or keeping a job, most allude to financial incentives. The HR manager is responsible for recruitment, the fundamental role, ensuring each department within the organization is adequately staffed, compensation, and benefit packages, and keeping employees motivated. While monetary rewards have been linked to motivation so have non-monetary rewards. Some non-monetary rewards include; recognition, communication, flexible working hours, wellness programs, and education and development programs. Introduction A Forbes article investigating the significance of positive work environments mentions, a fundamental benefit creating a favorable environment is the effect it has on motivating employees. The article continues by stating, ‘Employees that are happy tend to be more productive, which is better for a business’ (Forbes, 2013). Showing that there is a correlation employee satisfaction/perception and a company’s success. Rahimli in an article refers to the changing environment, and how critical it is to keep abreast with changes in innovation, to be effective and efficient. Rahimli further remarks, if organizations aid in enhancing the skills of their employees with training, the author alleges the employee’s performance will improve. Training is indeed one way non-monetary way to motivate employees, the skills they learn can be......

Words: 4011 - Pages: 17

Examining Hr Issues Based on Hofstede’s Cultural Dimensions

...Examining HR Issues Based on Hofstede’s Cultural Dimensions In United States and India In today’s global market, external environment is a large influence on HRM activities. One of the factors that contribute significantly to this external environment is culture. Hofstede’s five dimensions can be used as the indices to compare and contrast the HR issues faced in United States and India. 1. Individualism versus collectivism : The typical traits of individualism include individualists viewing themselves as independent of the group that they are a part of. Goals and objectives to individualists involve prioritizing their own objective over group objective. Outlook and behavior includes placing one’s own personal attitude over social outlook. Individualists look after themselves and their direct families only. Collectivists on the other hand, identify themselves as a part of a group and are dependent on the group. Goals and objectives are group oriented. Outlook and behavior are driven by social norms. (Kulkarni, Hudson, Ramamoorthy, Marchev, Georgieva-Kondakova, Gorskov, 2010) When we identify this dimension to United States and India, United States is considered highly individualistic in culture. They are independent; individual rights take priority over obligations to others. They stay true to their own values and beliefs and pursue individual goals and interests. Indian culture on the other hand, is interdependent, collectivistic, where people are emotionally,......

Words: 914 - Pages: 4

Hr Performance Issues and Motivation Bus 610

...HR Performance Issue and Motivation McClelland’s Needs Theory BUS 610: Organizational Behavior Heidi Marshall Dr. Diane Hamilton-Instructor Dwight D. Eisenhower once said “Motivation is the art of getting people to do what you want them to do because they want to do it.” In the workplace, motivation is a highly studied concept that managers are always seeking to better understand. Knowing what motivates employees can lead to improved productivity, loyalty, and overall employee job satisfaction. Companies like Google are known for a culture of keeping employees happy by offering countless perks such as free health and dental benefits, first class dining facilities, on-site oil change, car wash, dry cleaning, massage therapy, stylists (Cook, 2012). Google understands that people are not motivated by just extrinsic rewards but intrinsic rewards as well. Having no real hierarchy and tiny work groups allow for more independence (Cook, 2012). Google’s success is a reflection of the employee friendly culture that has been fostered and embraced throughout the company. While companies like Google give their employees several reasons to be motivated, many other employers struggle to keep employees engaged and productive. Not every person is motivated by the same thing and the key to keeping employees motivated is knowing what that motivating factor is. Motivation can be very fluid and what motivates an employee today may be different in six months. There are many theories......

Words: 1230 - Pages: 5

Greece

...Greece XXXXXXXXXX XXXXXXXX XXXXXXXX College Professional Studies Abstract Greece is a country of great beauty. It has long been one of the world’s top tourist destinations. Tourism is one of the major industries of the Greek economy; tourism is a strong earner of foreign exchange. The warm climates, the long, scenic Mediterranean coastline, the many significant archaeological and historical sites, the traditional hospitality of Greeks, and improvements in the local infrastructure have continued to attracted visitors (Photius). I have elected to focus on two aspects of the country of Greece for the purpose of this paper. First, I will outline the educational system in Greece. It has an interesting government run structure in which primary and secondary education is mandatory, a total of 9 years. Also, an additional 3 years of education is optional for students who desire to prepare for technical school or higher education in the university system. All education is free in Greece, placing the burden on the taxpayer. I will also discuss Article 16 of the Greek Constitution regarding the government’s stance on higher education and the negative issues surrounding their policy. The second issue I will discuss in this paper is the current economic problems facing Greece. After the 2004 Olympic Games in Greece, there was great hope that would have......

Words: 2352 - Pages: 10

Handling Security and Ethical Issues

...Handling Security and Ethical Issues at TBWI Course: IT560-01 Handling Security and Ethical Issues at TBWI A growing concern, especially with the recent information leak at Target, is the issue of security. Outlined are security concerns for TBWI and how best to handle them. In addition to handling security issues, there may be complicated ethical issues that may occur. To best handle these situations, those ethical issues are addressed, with recommendations for how best to handle them. Security Concerns In 2013, B2B International and Kaspersky Lab conducted a Global Corporate IT Security Risks survey and the results were quite startling. In a conservative estimate, “The average damage suffered by large companies from a single serious incident was $649,000. For small and medium-sized companies, the average damage was $50,000” ("Global corporate it," 2013). These damages can be the result of fines, lawsuits, as well as lost revenue from customers, who no longer have faith in the security of the company. It takes many years for a business, such as TBWI, to build a reputation, but it can all be lost in a matter of seconds. Because of this, the following security concerns need to be recognized, with a plan in place for prevention. External threats External threats are those that occur from people not involved with TBWI. These could be competitors or random hackers or thieves. These types of threats can occur at the software and......

Words: 1640 - Pages: 7

Greece

...Doing Business in Greece Introduction Greece is an extraordinary country rich in ancient civilization, famous for giving birth to democracy! According to (Business culture, 2014) Greece is an open economy that relies heavily on the service sector, while the remaining national output comes from the industry and agricultural sectors. On top of that Greece is still a significant agricultural and fisheries producer for Europe, but the tourist industry will always be the basis of the Greek economy, which Greece ranks 7th in the most visited countries in EU. It is approximately the same size as New York. It is located in southeastern part of Europe, hanging right down by the beautiful Mediterranean Sea, just east of Italy. Greek culture is rich in dramas, rhetoric, music, and philosophy dating back to Greece’s classical era. It is home to the mythological characters and their popular stories world-wide, The Greek Gods and Goddesses that we’ve watch in multiple movies and cartoon shows growing up, originated from this beautiful country. The most recent highlight from Greece is Sparta, the Hollywood movie 300, which showcases the historical connection between Greece and Persia. Greece finally became an independent nation in the 1800’s, joined the European community in 1981, and became a member of the economic/monetary union at the beginning of 2001 before their economic downfall. Demographics As stated in (Konstandaras, 2013) the total population of Greece is around 11......

Words: 1408 - Pages: 6

Greece

...Introduction Since the 1980s, Greek political battles forced Greece to endure constant transformation of their economic structures. These fluctuations created economic instability due to rapid changes in devaluation and inflation cycles. After successfully joining the Eurozone in 2001, Greece’s economy progressed enormously. However, the Greek government acted irresponsibly with its fiscal policy and debt accumulation. Consequently, the created economic weaknesses became apparent during the 2008 global financial crisis. The Greek sovereign debt crisis has required multiple controversial bailouts. The bailouts that prevented Greece from defaulting, led to two opposing opinions from leaders of the members of the European Union (EU), (1) to support Greece to remain member of the Eurozone and, (2) to pressure Greece to exit the Eurozone. Greek constant economic restructuring Introducing the “populist policies” during election seasons were the core of Greek political parties strategy. Political parties were forced to craft and innovate new economic structures to gain support from the voters. In 1980s, for example, the notion of public protection and equal income redistribution strengthened confidence in Greek’s voters. The massive increase of the public spending (10% increase of the GDP from 1980 to 1990) caused turmoil in Greek economic structures. The newly elected government’s acquisition of Bank of Greece resulted in the Greek government having direct control of the......

Words: 1585 - Pages: 7

Hr Greece

...C:\Users\Ina Inaa\AppData\Local\Microsoft\Windows\INetCache\Content.Word\12516575_10206934708699990_140554496_n (1).jpg Επιχειρησιακή Σύναψη Ο σκοπός αυτής της εργασίας είναι να αναλύσουμε τους παράγοντες που επηρεάζουν την συμπεριφορά των εργαζομένων στην επιχείρηση. Θα ασχοληθούμε με δυο τμήματα του νοσοκομείου από διαφορετικούς χώρους πρώτων το αμφιθέατρο χειρουργείου και δεύτερον το τμήμα ιατρικών αρχείων/μητρώων και στη συνέχεια θα κάνουμε προτάσεις στην ανώτερη διοίκηση για το πώς θα διοικήσουμε αυτούς τους εργαζομένους πιο αποτελεσματικά. Υπάρχουν κάποιοι παράγοντες που επηρεάζουν την συμπεριφορά των εργαζομένων. Συγκεκριμένα στο αμφιθέατρο χειρουργείου οι παράγοντες που αναλύσαμε είναι ο βρώμικος χειρουργικό εξοπλισμός, τα 5 χειρουργεία που έκλεισαν, οι υπερωρίες που κάνουν οι εργαζόμενοι και η θέληση των εργαζομένων να πληρώνονται σύμφωνα με το ωράριό τους. Στη συνέχεια θα αναλύσουμε και τους παράγοντες για το τμήμα ιατρικών αρχείων/μητρώων. Πρώτων με την συγχώνευση των διαφορετικών τμημάτων οι εργαζόμενοι είναι συναισθηματικά ασταθείς, ο επανασχεδιασμός της θέσης εργασίας σημαίνει ότι οι εργαζόμενοι θα δούλευαν σε κάποια πόστα που δεν είχαν ξανά ασχοληθεί ποτέ, ο προϊστάμενος μεν τους βομβαρδίζει με πληροφορίες αλλά δεν τους περιλαμβάνει στην τοποθέτηση στόχων επίσης λόγω εκρηκτικής κατάστασης που επικρατεί άρχισαν διαμάχες μεταξύ των παλαιών και των καινούριων ομάδων με αποτέλεσμα κάποια άτομα να εγκαταλείψουν την δουλειά τους. Τέλος το προσωπικό αρνείται......

Words: 2422 - Pages: 10

Greece

...and write as well as to count and draw. Having a physically fit body was important to the Greeks so Greek boys would start Physical Education during elementary. In modern world Education is a little different from ancient Greece but not by much children still are put under guidance by having teachers and still have Gym or Physical Education classes (P.E.). In ancient Greece was the Olympic games which is one of the oldest religious and sport festivals in the world, the games were help in Olympia, Greece and were held to honor the Chief God Zeus and even had ritualistic sacrifices there are some similarities to the games we now know in the modern world Olympic Games instead of brutal fights with bloodshed and loss of life, we still do Sporting games such as distance running, disk throwing, javelin, and wrestling. Gender Roles in ancient Greece were way different back then. Woman and men had their own respective roles in society. The women were supposed to have kids and stay home to take care of the family and household. This isn’t so different from today’s House moms who take care of the family while their husband works, but most women today have respectable careers and some husband even take the role of taking care of the kids and house. In ancient Greece woman didn’t have any rights men had all the power. It took a long while but woman in today’s modern world are well respected and have the same amount of rights as men now, we might even get a female president....

Words: 303 - Pages: 2

Greece

...Working Paper No. 3663 The Greek Crisis: Causes and Consequences Abstract Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster than GDP. Fiscal consolidation alone cannot close the solvency gap. A substantial reduction in the stock of debt is needed. Even post-debt restructuring, there is no guarantee that the government will succeed in its dual goal of restoring fiscal solvency and closing the competitiveness gap. Yet we think Greece stands a better chance of accomplishing these goals from inside the EMU rather than outside it. This chapter takes stock of the factors that led to the explosion of public debt, the loss of competitiveness, and the failure of the first EU-IMF programme. We also present our views on the likely debt restructuring (and post-restructuring) scenarios. JEL-Code: E600, F400. Antonio Garcia Pascual Economic Research Barclays Capital 5 The North Colonnade Canary Wharf E14 4BB, London United Kingdom Antonio.GarciaPascual@barcap.com Piero Ghezzi Economic Research Barclays Capital 5 The North Colonnade Canary Wharf E14 4BB, London United Kingdom 1. Introduction By April 2010, Greece had lost market access, as the economy was contracting by 3% in real terms, the fiscal deficit - partly on account of unreported spending reached 15% of GDP, and public debt rose to more than 125% of GDP. How did Greece get to that point? As in other peripheral countries, upon joining the euro......

Words: 5563 - Pages: 23

Key Issues Hr Managers Face in Developing High Performance Working and How They Can Address These Issues

...KEY ISSUES HR MANAGERS FACE IN DEVELOPING HIGH PERFORMANCE WORKING AND HOW THEY CAN ADDRESS THESE ISSUES Module: People Management (Challenges and Choices) Lecturer: Myrtle Emmanuel Due Date: 21/05/12 TABLE OF CONTENTS 1) Objective …………………………………………………………………………………… 1 2) Essay ………………………………………………………………………………………… 2 - 12 3) Critical self-reflection ……………………………………………………………… 13 - 14 4) References ……………………………………………………………………………….. 15 – 16 Objective The main Objective of this individual paper is to discuss several issues HR managers face in developing high performance working and how can they overcome these issues. This essay will have a brief introduction of the topic and a proper discussion of the issues the managers encounter while developing high performance and how they can address them. The essay will end with a satisfactory conclusion to the topic. Issues HR Managers face and a solution to these issues regarding Developing High Performance working The manner of the management of people at workplace contributes to the variation in organizational performance as it influences the performance returns of an organization. With the innovation of high performance working, it has been possible to select and retain workforce with greater focus on job involvement, where the level of performance is enhanced. Some of the critical areas addressed by the high performance working include human resource, work organization, employee relation, management and......

Words: 2519 - Pages: 11

Hr Issues

...University Dean in New Zealand and has worked and presented overseas at conferences and conducted training, research and consulting work for: Malaysia (Telecom Malaysia and Ministry of Education); Russia, South Korea, New Zealand, Australia, Singapore, China, Indonesia as well as the Pacific island nations for the Commonwealth of Learning. Darryl has held senior executive/leadership positions in education and corporate entities as Managing Director, CEO, Head of HR and Senior Lecturer/Dean. Darryl’s key strengths are as follows: • Learning and Development - 17 years’ experience in learning design and development in a range of delivery modes, customised training design and implementation, extensive curriculum design and training needs analysis, as well as technical to leadership competency framework development in alignment with organisational strategy across a wide range of education, government, and corporate organisations. • Strategy into Action - experienced in developing and implementing people and HR strategy as well as succession planning at all organisational levels by aligning strategy with business objectives through the development of integrated frameworks, performance metrics and reporting. Ability to develop implementation plans at interface and ensure high adoption and impact levels are achieved and evaluated. • Talent Management - expertise in the development of integrated talent management systems and solutions to improve......

Words: 804 - Pages: 4

Wooden Box Handmade Trinket Storage Keepsake Jewelry Name Card Holder Gift$7.99 25d left | HD The Teacher's Diary (2014) | Eps13 Love Connection 2