Wednesday, May 6, 2020
Human Resources Challenges Indonesia - 1024 Words
Human Resources Challenges ââ¬â Indonesia When conducting business in a foreign country, a company needs to consider several different business factors and challenges that might arise. As a company embarks on its venture in Indonesia, Human Resources department needs to be aware of the differences and key challenges that might arise. They need to be aware of key business challenges, key human resources challenges, and how to adapt some of the human resources policies and practices to culture/environment of Indonesia. Key Business Challenges It can be relatively time-consuming trying to enter the market because United States firms can run into complex regulatory and bureaucratic requirements. According to the 2015 report by the World Bank, Indonesia ranked 114 out of 189 countries in ease of doing business which makes the business environment challenging (ââ¬Å"Doing Business in Indonesia,â⬠2016). (http://2016.export.gov/indonesia/doingbusinessinindonesia/index.asp). Economy: In Indonesia the chief of state and head of government is President Joko Widodo and itââ¬â¢s a republican government. The economic and political stance being unstable creates a high rating risk of doing business in Indonesia. Bribery, corruption, and lack of transparency is still very common in Indonesia which is another reason conducting business is difficult. In 2014, Indonesia top trade partners were China, Singapore, and Japan. As well as, an individual can start working at the age of 15 and with workingShow MoreRelatedNorth Asian Country : A Centralized Country Ruled By Authoritarian Government1035 Words à |à 5 PagesGovernancesââ¬â¢ Transformation Despite the difference in the political system, both countries, initially, was a centralized country ruled by authoritarian government which had full control over the forest resources. 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