Is an approach found in international firms where host-country nationals manage the subsidiaries. Decision-making is devolved to the subsidiaries, although head office in the parent country controls the overall business strategy. From this perspective, host-country nationals are considered important because they can bring local knowledge and understanding to the day-to-day operations of the subsidiary businesses. [See ethnocentric management, geocentric management, and regiocentric management.]
Subjects: Human Resource Management.