From the course: Human Resources: Strategic Workforce Planning
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SWP and global talent management systems
From the course: Human Resources: Strategic Workforce Planning
SWP and global talent management systems
- One of the greatest challenges facing multinational enterprises is building strong talent pipelines. In a recent survey of CEOs from around the world, more than 75% of them identified the lack of necessary skills and capabilities as a primary threat to the growth prospects of their organizations. For firms that do business outside their home countries, it's important to manage talent on a global scale. In this video, I'll show you the three things you must do well in order to meet the global talent challenge. Let's begin by defining global talent management or GTM in general terms as the attraction, selection, development and retention of the highest-performing employees in the most pivotal roles. Several factors make GTM particularly challenging. Global work unfolds in different cultures and languages often at great distances and in different timezones. Variations in political and economic systems add even more complexity. At a general level, GTM requires that you do three things…
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