Geodyne,a United States-based player in the energy business is clear-cut in its human resources policy with regard to international expansion.While U.S.nationals staff key positions at its Orlando,Florida headquarters,it recruits locals to manage subsidiaries in each country that it goes into.As a result of this,in 2016,Geodyne found that of the company's total staff of 1240,nearly 72% were newly-hired managers to work in the company's foreign subsidiaries,forming a gap between host-country managers and parent-country managers.What is Geodyne's staffing policy?

Question

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Geodyne's staffing policy is polycentric, which means that the company recruits locals to manage its subsidiaries in each country it operates in. This approach recognizes the cultural and social differences that exist between different countries and aims to allow for greater integration with the local environment. The policy stands in contrast to ethnocentric, where the parent-country managers control the subsidiaries, and geocentric, which seeks the best people for key positions across locations regardless of national origin. Transnational staffing recognizes the interconnected nature of contemporary businesses, but is a broader HR perspective than any one single staffing policy.

Geodyne,a United States-Based Player in the Energy Business Is Clear-Cut