The process of global selection, succession and career planning is becoming critical to the success of the global enterprise transformation… more so as globalization evolves from being the latest corporate buzzword to a basic economic reality.
In IT consulting organisations, expatriation and repatriation are a way of life, as these organisations survive and prosper on revenues generated by their consultants on site. The rules and methods of expatriate management have changed dramatically in recent years, and companies can no longer afford to be lackadaisical in their efforts to select and develop their global talents. As Indian companies continue to expand overseas at a rapid rate and face stiff competition from global players, they’re also incurring millions of dollars in costs in failures attributable to poor expatriate assignments. As globalisation has evolved from being the latest corporate buzzword to a basic economic reality, more and more organisations are realising that they need managers with skills that translate well to the international arena.
