Significant human resource challenges are encountered by entrepreneurs prospective plans to commence businesses in under-developed economies.
Prior to embarking on their ventures, entrepreneurs should articulate a talent management strategy that substantiates how they will source, identify, display, and manage employees, comprising rank and file workers, mid-level supervisors, and senior executives as the company scales. The main considerations will comprise how much and what sorts of human capital are present, the availability of tools to effectively identify and screen candidates, local culture, along with the variability of the labor market in developing such strategy.
Drawing from interviews with entrepreneurs and investors around several nations in the Middle East, Asia, Africa, and Latin America, this note explores innumerable essential human resource predicaments discovered in developing markets and the strategies entrepreneurs have employed to meet these challenges.
PUBLICATION DATE: February 04, 2014 PRODUCT #: E497-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
Related Case Solutions & Analyses:
Checkmate: Using political skill to recognize and capitalize on opportunities in the ‘game’ of organizational life
PivotTables in Excel 2010
Ontario Ministry of Small Business & Consumer Services: Managing the Toronto Propane Explosion (B)
Grutter v. Bollinger: A Synopsis
California Power Crisis
Federal Express: Early History
Posada Amazonas, Spanish Version
Liu Bai: A Chinese Successor’s Dilemma
Struggling Sibling Partners: It’s Not Fair?
The Resort in Pueblo Valley (A) (Spanish) Spanish
