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Additional Case 17.2
Golden Rod is an electronics firm based in Detroit with subsidiaries in several countries including Indonesia, Egypt, Argentina, and Thailand. The top management positions in these subsidiaries are filled by U.S. citizens. Golden Rod is planning on creating a new expatriate assignment in Egypt. The firm has created a selection board of expatriates to choose the best person for the job. In the past, Golden Rod has experienced a high turnover rate among repatriated managers, so executives hope to solve this problem.
-Refer to Additional Case 17.2.It would be most effective for the selection board to:
Personnel Resources
Human capital or workforce available to an organization, including skills, knowledge, and abilities of employees.
HR Shortage
A situation where there is an inadequate supply of human resources or skilled professionals to meet the demands of the job market.
Forecasting
The process of making predictions of the future based on past and present data and analysis, crucial in planning and decision-making.
Medium-run
A term used to describe a period of time that is not immediate but not long-term either; typically considered to encompass the mid-term future.
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