Differences Between Eastern and Western Europe within the Practices of Managerial Staff Development in MNCs - a Comparative Analysis of the Research Findings
Marzena Stor , Łukasz Haromszeki
AbstractThe main goal of the paper is to identify the differences in the scope of internal relationships among the elements composing managerial staff development (MSD) in local subsidiaries of multinational companies (MNCs) headquartered in Central Europe and operating in Eastern and Western Europe. The research sample covered 200 headquarters (HQs) of MNCs and their local subsidiaries. The empirical research results show that there are some identifiable and statistically significant differences between MNCs operating in Eastern and Western Europe. The correlation between the financial performance results of local subsidiaries and the advancement level of MSD is higher in Eastern Europe, although the advancement level of MSD itself is higher in Western Europe. In Eastern Europe the internal relationships among the elements composing MSD are numerous and with strong ties than in Western Europe. MSD is of more complex and systems approach in Eastern Europe. Furthermore, here the higher the appraisal level of managerial staff’s competencies as a competitive factor, the more systems approach to MSD is practiced. In Western Europe the higher the advancement level of individual components of MSD the less systems approach to MSD is preferred. Our study, therefore, represents an original effort at examining all these relationships.
|Publication size in sheets||0.3|
31st EBES Conference Program and Abstract Book, 2020, EBES, ISBN 9786058004214
EBES_Conference_Program_And_Abstract_Book.pdf / No licence information (file archived - login or check accessibility on faculty)
|Keywords in English||Managerial Staff Development, Managerial Competencies, Multinational Company, Eastern Europe, Western Europe|
|Not used for evaluation||yes|
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