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Measuring Success Factors of Local Employee Management in Slovakia and Bulgaria

DOI: 10.5296/rae.v3i1.565

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Abstract:

There have been various researches for managers to make post-FDI operations successful. Areas of such researches include corporate governance, marketing, financing, production, distribution and logistics, supply chain management and human resource management (HRM). However, generally speaking, managers should focus on establishing effective organizations at the beginning of the post-FDI operations. Particularly, since FDI brings a high level of cultural diversity into organizations, knowing how to deal with local employees will be critical for expatriates as managers. This research focuses on finding implications for manages to establish good labor relations with Slovak and Bulgarian employees in the post-FDI operations. This is important for managers because (1) FDIs in these countries have increased continuously and (2) local employees in the two nations have been familiar with foreign style management in somehow someway. Our goals are (1) to find opinions of local employees in Slovakia and Bulgaria and (2) to make several suggestions for managers to create better labor relations with the local employees.

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