Historically, “developed” countries have been engines of growth and innovation. This demand has often out-paced their ability to source and hire the right talent. As a result, many organizations in these countries have looked to other regions to find the talent they need to fill their internal demand. However, as the developing world’s economic growth quickens its pace it is no longer easy to acquire and retain talent in countries where competition for that talent is coming from homegrown firms as well as from the developed world.
What are the impacts of aggressively attracting and retaining talent abroad? What global trends should leaders in HR and line-of-business positions be watching? What will it take for organizations with a global reach to continue to compete on a global scale?