International human resource management in the context of human capital of multi-national organizations in Laos

ABSTRACT

This research project explores human resources as one of the key assets of organizations at both national and international levels, and was conducted in the context of the human capital of Laos. A questionnaire was completed by 90 employees of five international organizations.  The results found that the staffing policy that most participant organizations use is a mix of Geocentric and Regiocentric approaches. In addition, the results showed that the key constraint to practicing IHRM in Laos is the shortage of skilled labour in some sectors, such as healthcare and auditing, and that Lao employees are generally under qualified.