Transferring Western Human Resource Models to Transforming and Developing Economics: Bangladesh Perspective

Abstract

This paper comprises of an analysis of the western human resource models, practices, and policies to the developing economies like Bangladesh. In the new era of business, industry, and globalization western HR models and strategies are enormous influences the newly developing economies. Many of the human resource models and procedures are used in present management literature which invented from western nations and especially from the United States and the United Kingdom that has a strong impact on the economic success of the industrialized world. From this industrial inspiration of HR procedures in developing nations, many developing nations are now choosing to use the western HR practices, exceptionally ignoring the central differences in socio-cultural methods, native situations, and environments. However, the idea "western" HR procedure is too largely centered because even amongst the western nations the cultural norms are diverse. These possessions have been observed in the extraordinary restructuring of administrative standards, outlooks, and actions as described in a diversity of annoyed social training. This paper explains the picture on literature towards the discussion of the transformation of western HR models and procedures for developing nation Bangladesh and a structure which is used to examine the organizational stories to comprehend the influence of national culture and culturally original and unknown HR policies and implementation on company's usefulness amongst worldwide companies. Consequences of the study finding, and additional research chances in this area have conversed as well.