g into consideration all these aspects, one of the recommendations that the company could take into consideration regards the creation of a new Human Resources department. The role of this new department should be to manage all the processes concerning the newly acquired human resources of the company, in the new context imposed by the joint venture and its consequences.
There are various reasons for which a new department dedicated to the management of human resources should be seriously considered. The expansion of the company represents a step forward into the globalization process. Through a joint venture, the company is not only expanding, but also increasing its size from the point of view of the needed human resources. The novelty factor, together with the change factor should determine an increased concern for the internal functioning of the organization. The company must face two major challenges. The first challenge is represented by the fact that the company must adapt to the local requirements. The second challenge refers to the fact that the company must maintain a coherent and integrated functioning process. The strategic management regarding the internal resources is in this case, essential.
A new human resources department implies various benefits, but also disadvantages. The latter refer to the financial costs that will be required and the efforts that are usually needed in order to organize a new department. However, taking into consideration the fact that the company is expanding, it is obvious that high efforts will be needed in order to manage the newly added part, on the one hand, and the company as a (bigger) whole, on the other hand. In order for the management of these issues to be efficient, a department dedicated just to the fulfilment of these tasks is required.
It might be argued that the creation of a completely new department with the purpose of managing the company's newly acquired human ...