It’s a New Era for Expatriates

Abstract

Globalization is causing companies to rethink their business strategy. In support, global talent management strategies are changing as well. Companies are focused on emerging markets to provide a growing percentage of their revenues. They are learning that they need to hire local talent that understands all the nuances of local business instead of using traditional long-term expatriates. This article looks at the history of talent management globally, the global “war for talent” in the “new normal” and a number of talent alternatives for companies to choose from based on each operation’s specific need.