Managers returning from expatriate assignments are two to three times more likely to leave the company within a year because attention has
not been paid to their careers and the way they fit back into the corporate structure back home.
One purpose of the international assignment is tha.... readmore
Support services provide timely help for the manager and therefore are part of the effective management of an overseas assignment. The overall transition process experienced by the company's international management cadre over time is shown in Exhibit 9-9. It comprises, three phases of transition an.... readmore
Support services provide timely help for the manager and therefore are part of the effective management of an overseas assignment. The overall transition process experienced by the company's international management cadre over time is shown in Exhibit 9-9. It comprises, three phases of transition an.... readmore
Many companies are beginning to recognize the importance of providing support for spouses and children - in particular because both spouses are often corporate fast-trackers and demand that both sets of needs be included on the bargaining table. Firms often use informal means, such as intercompany n.... readmore
We began to realize that the entire effectiveness of the assignment could be compromised by ignoring the spouse.
Effective human resource management of a company's global cadre does not end with the overseas assignment. It ends with the successful repatriation of the executive into company he.... readmore
A crucial factor in global competitiveness is the ability of the firm to maximize its long-term global human resources. To do this, attention must be paid to several important areas:
1. To maximize long-term retention and use of international cadre through career management so that the compan.... readmore
In Japan, companies are revamping their HRM policies to compete in a global world, in response to a decade-long economic slump. The traditional lifetime employment and a guaranteed tidy pension is giving way to the more Western practices of competing for jobs, of basing pay on performance, rather th.... readmore
How do firms deal with the kinds of situations posed by Mark and Oleg in the Opening Profile? Of course, there is no one set of solutions that can be applicable in any country. The variables are many - including local market factors and pay scales, government involvement in benefits, the role of uni.... readmore
The continuous training and development of HCNs and TCNs for management positions is also important to the long-term success of multinational corporations. As part of a long-term staffing policy for a subsidiary, the ongoing development of HCNs will facilitate the transition to an indigenization pol.... readmore
In continuing our discussion on “strategic fit,” it is important to remember that training programs, like staffing approaches, be designed with the company's strategy in mind. While it is probably impractical to break those programs down into a lot of variations, it is feasible to at least consider .... readmore