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American Multinationals in EuropeManaging Employment Relations Across National Borders$
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Phil Almond and Anthony Ferner

Print publication date: 2006

Print ISBN-13: 9780199274635

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199274635.001.0001

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The Management of Managerial Careers

The Management of Managerial Careers

Chapter:
(p.172) 9 The Management of Managerial Careers
Source:
American Multinationals in Europe
Author(s):

Peter Butler

David Collings

René Peters

Javier Quintanilla

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199274635.003.0009

This chapter sheds light on the nature of managerial resourcing in US multinationals. Hitherto there has been a strong reliance on the use of internal labour markets (ILMs) as the principal means of sourcing managerial talent. In several instances, however, enhanced competition has triggered the necessity for the rapid importation of new skill sets eroding the primacy of ILMs. Over and above such supply side change, some organizations were similarly moving away from seniority based promotion towards a more meritocratic model, less sheltered from the vicissitudes of market pressures. Consistent with the theoretical focus of this volume, it is nevertheless demonstrated that headquarters did not have a totally free hand. The partial dismantling of ILMs was subject to local constraints and contestation, giving rise to new and significant tensions. More specifically, the emphasis upon tight performance standards was often met with stiff opposition suggesting local norms remain influential.

Keywords:   internal labour market, supply flow, assignment flow, graduate recruitment, functional rotation, succession planning, US multinationals

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