Extending the concept of real options, the research considers HR as a strategic asset and emphasizes certain HRM practices as creating HR options in terms of reducing uncertainties related to returns, volume and combinations and costs. HR option is in fact real option, since it allows the...

Introduction -- Cold politics, hot economics -- Multinational firms and political crisis -- Exit : managing crisis by finding the door -- Voice : diplomacy from the private sector -- Loyalty without solidarity -- Conclusion -- Interview appendix -- Index.