The Borderless Organization — A New Approach to Addressing the 21st Century Global Mobility Challenge
When it comes to the global mobility of their work forces, many companies have one foot planted firmly in the future and one stuck in the past. Expansion into new markets around the world is one of the most effective ways for executives to meet demands for high growth. Soaring global competition and worldwide demographic changes are driving up the number of key employees who cross borders to work. And shifting needs are forcing companies to deploy workers to new markets faster than ever before to take advantage of emerging opportunities before their competitors can.
To address these 21st century changes and challenges, companies must search for effective new human capital strategies to complement their business strategies. In particular, they must look for more effective ways to manage the global mobility of their work forces — the new mix of global projects, short-term assignments, commuters, permanent moves and global careerists requires careful management.
However, most companies are coping by relying on conventional expatriate work force strategies that, in some cases, are decades old. What worked well in a much different world of business — one in which the main expatriate problem was how to send a few people from established markets and businesses across a few borders to work — is no longer efficient.
To learn more about global mobility and its impact on the 21st century business, download the PDF below.