In: Operations Management
S.No. |
Home country managers |
Host country managers |
Third country managers |
1 |
Homeland executives are residents of the parent company's nation and have their headquarters. | The host countries are residents of the country in which the company's plant or branch is located. | Third country managers are not both domestic and host countries, but are from a third country, possibly because of their experience or expertise. |
ADVANTAGES |
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S.No. |
Home country managers |
Host country managers |
Third country managers |
1 |
Home country managers monitor the company more efficiently. | For host country administrators, the language barrier is gone. | The company has named third-country managers to create an international market perspective. |
2 |
Managers develop expertise in local markets that can support the client and the business. | The nationals of the host countries are more familiar with local laws and regulations. | Managers develop expertise in local markets that can support the client and the business. |
3 |
Does help understand the company plan and execute it. | Does help understand the company plan and execute it. | In comparison with domestic nationals, the cost of recruitment may be less costly particularly when the business operates globally. |
DISADVANTAGES |
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S.No. |
Home country managers |
Host country managers |
Third country managers |
1 |
The managers must adjust to a modern, challenging world and take time to reduce productivity. | The host country managers can not easily and time consumingly grasp the business strategies. | Traditional national wars should be considered |
2 |
The lack of cultural awareness can have a detrimental impact on the inner and outer environments of the business. | create a perception of "us" versus "they," creating a barrier to the formation of a unit of work between the members. | The job of a national of third countries can demotivate local workers, which can also have a negative impact on the creation of a bad reputation. |
3 |
Visas and other expenses are to be paid by the client. | The business will invest on education | The company must spend on visas and other charges |