MHR 523 Study Guide - Macromedia Homesite, International Development, Culture Shock
1 Dec 2012
School
Department
Course
Professor
Document Summary
Ch 17 managing human resources in a global business. Understanding the factors of sending an employee overseas. Expatriate- employees who are citizens of the country where the parent company is based, who are sent to work in another country. Working population is aging in both developed and emerging economies. Lower birthrates mean a reduced supply of workers in the coming decades. China and india have no labour shortages, they have major shortages of talent. Relocation specialists are becoming strategic partners in determining the need for an assignment or relocation. Their jobs include identifying who is best suited to go, and making sure that all supports are in place to make that assignment a success. Truly competitive companies must recognize the value of mobility in terms of talent development. Achieving global mobility is vital to achieving a true competitive advantage. Workforce mobility programs have a direct impact on companies profits- 21 century. Expatriates doubled in the years 2005 to 2008.
