Title

Addressing Global Human Resource Management Challenges Faced by U.S.-Based Business Process Outsourcing Companies Nearshoring to Honduras

Date of Award

8-5-2013

Document Type

Capstone Project

Disciplines

Strategic HR Management

Degree Name

Master of Professional Studies

Department

Strategic HR Management

Advisor

James Krefft

Keywords

global human resource management; international human resource management; Honduras; nearshoring; multinational; multi-dynamic strategy; Internationalization

Abstract

When human resource management is conducted in an international setting, HR's main functions are affected by global talent risks, regional trends, and specific characteristics of each location. HR, as we know it domestically, shifts from the regular strategies to new priorities related to the location. To illustrate this premise, the following paper describes the specific characteristics of Honduras, and in particular of its emerging nearshoring industry. The main findings in the literature review are cross-referenced to HR's main functions. In response to the challenges identified, this paper concludes with the proposal of a multi-dynamic model that involves all key stakeholders in the implementation of strategies to overcome HR challenges and risks faced by U.S. nearshoring companies located in Honduras.

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