Strategic Alliances and Human Resource Management

Strategic Alliances and Human Resource Management

Background

LGE is one of the leading global companies in the industry. It is  composed of five divisions: air conditioning, business solutions, home  appliances, home entertainment, and mobile communication. LGE has 114  subsidiaries worldwide and employs around 82,000 people. LGE is a South  Korean company and as such has some unique characteristics derived from  the South Korean culture and economic structure.

Directions

In this assignment, you will read several peer-reviewed articles.

1. First, read three peer-reviewed articles related to the South Korean economy, chaebols, and culture.
2. Then, search for at least one peer-reviewed article related to the strategic alliances.
3. Next, read at least one article on human resource strategies for Multinational Corporations (MNCs).
4. In addition, read a few articles related to the local and global operations of LGE.

Then, respond to the following:

1. Explain the organization and purpose of chaebols.
2. Identify the positive and negative characteristics of chaebols for  both local and global economy. Also, explain the role they play in the  South Korean economy.
3. Identify the characteristics of LGE’s human resources strategy.
4. Identify how this HR strategy is helping the company to deal with the diversity.
5. LGE has established a number of strategic alliances with partners  from all over the world. Select one of these alliances and analyze and  evaluate its outcome.

Write a six page paper in Word format. Utilize at least five to six  scholarly sources in your research. Apply APA standards to citation of  sources.