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0:00
Hello once again.
I'm Helene Tenzer,
Professor for International
Management at
LMU Munich School of
Management in Germany.
In this segment, we
will explore international
recruitment,
selection, and retention.
As businesses transcend borders,
understanding these
processes is crucial to
harnessing the best talent
across nations and cultures.
0:28
Let's dive straight
into the first topic,
recruitment. What
is recruitment?
In its essence, recruitment
is the quest to find
the best talent.
It's about searching for
and obtaining a pool of
potential job candidates in
sufficient numbers and
of sufficient quality,
ensuring an organization has
the right options to
fill its vacancies.
But where should
multinational corporations
source their talent from?
If the German car maker
BMW needs to staff
key positions in their
production plant
in Spartanburg, South Carolina,
they could tap into
the expertise of parent
country nationals,
German expatriates from
their Munich headquarters,
or they could tap
into the knowledge
of local US employees.
They might even draw
on the skills of
third country nationals
who might come
from anywhere outside Germany
or the United States.
Once multinationals have
decided on their target group,
how do they reach them?
They can use social media,
rely on word of mouth,
or hire executive search firms.
These channels may vary in
their effectiveness across
national labour markets.
Moving from
recruitment, we delve
