When dealing with the localisation of international assignees in Singapore, how can HR practitioners manage a balance between the company’s costs and business needs and their employees’ emotions, ambitions and personal circumstances? Mario Ferraro of PricewaterhouseCoopers (PwC) examines, with reference to PwC’s recent Expatriate Localisation Survey 2004- Singapore.
Many of today’s large organisations define their market as being the whole world-or at least most of it. Relentless advances in technology Mdrive a faster pace of change, which forces companies to continuously implement new business strategies not only quickly and efficiently, but also on a global scale. An ability to transfer innovative concepts, new expertise and corporate culture changes across the world is considered a precious competitive advantage in today’s global business environment. And since having the right expertise in the right place has become such a critical success factor, talent management has come sharply into the focus of many of the most successful organisations.