Expanding Globally Strategy

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Expanding Globally Dominique Rose Walden University Abstract This paper will discuss talent management initiatives and recruiting strategies that will be utilized to support a global expansion strategy. It will also discuss potential challenges with an initiative and how the challenges can transform into positive outcomes. Expanding Globally The world that we live in is constantly evolving. The technological advances and knowledge and information easily accessed via the Internet have changed the way businesses are functioning. Normal business functions that were once done in house are now being sourced out all over the world. Companies …show more content…

Companies should ensure that they are selecting employees with the necessary skills needed but also who can adapt well to living and working abroad. The use of global talent profiles can help identify individuals that have an interest in a global assignment and also their potential for the assignment. Global talent reviews can be used to classify individuals into talent groups and these classifications guide the succession planning for critical positions around the world (Ruddy & Anand, 2010). Top candidates are identified for each position and considered when a global position becomes available. Candidates can also be assessed in project assignments to determine if they are prepared for an assignment abroad. A focus should also be on ensuring candidates not only have the technical skills but also cross cultural skills to help them better adapt to the international assignment. This can be achieved through formal training and development programs. This is especially important if the company is hiring talent locally. The competencies the company needs may …show more content…

In terms of recruiting global talent an effective strategy is recruiting local talent to fill positions. It is harder to entice talented individuals to relocate and it can be costly to place expatriates in international assignments. Thus hiring locally has become more appealing. Local talent better understands the language, culture and local business community. Companies even recruit international students from U.S. programs to fill crucial roles in their home countries, as they will have an easier time managing within the local business culture. Survey new hires to review your talent brand and determine if there is a difference between the way the company would like to convey their recruitment strategy and how talent perceives the company. Companies should also use different strategies for making themselves attractive to the different groups in their applicant pool. As certain recruitment and selection strategies that might appeal to entry level workers may not work for

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