Human Resource Management In Multinational Banks In Tanzania

Essay specific features

 

Issue:

Business

 

Written by:

Elizabeth T

 

Date added:

January 2, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 1015

 

Was viewed:

7937 times

 

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Essay content:

Externally, Tanzania could not escape the reality of globalization forces. In 1995, Tanzania introduced privatization policies which include attracting foreign direct investment (FDI) and multinational companies (MNCs), to improve its socio cultural and socio-economic conditions. In early 2000, US based Citibank and South Africa based Standard Bank started providing financial services in Tanzania...
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Both the banks claimed to possess global “best practices” in managing their organizational structures and human resource management policies. All foreign investors to Tanzania faced the same sort of pressure of thinking GLOBALLY but acting LOCALLY. Now we have to find out whether their actions really reflect “HR best practices” or not...
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