Global Organizations

A new law that requires foreign banks to report information on their U.S. account holders may create some difficulties for expat employees. Smaller banks not wishing to accept the administrative burden may refuse to allow Americans to have bank accounts. It may also impact company payroll processes.

The year 2020 is only a decade away, yet the way our global workforce is sourced, organised, and managed will change radically by that time. An explosion of activity in emerging markets has contributed to a significant increase in the need for companies to move people and source talent from all around the world. In this next installment of PricewaterhouseCoopers’ Managing tomorrow’s people series, we decided to explore the issue of future talent mobility in more detail.

In an increasingly integrated and volatile global economic landscape, companies are adjusting their global activities to the new economic realities. Core to these efforts is the recognition of the needs to address supply chain challenges, manage talent requirements and gain operational efficiencies through global footprint optimization.
These needs have significant implications for how and where companies are deciding to operate, as they seek to adapt to changing demand patterns. 2010 thus marked companies’ return to growth in foreign investment activities, with emerging countries as the main beneficiaries of this investment.