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Global Mobility Summit. New York City – October 4, 2010 Global Mobility: Perspectives on Best in Class. Frame of Reference . Twenty years of corporate HR management experience with U.S. and non-U.S. MNC’s International assignments in the military and private sector
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Global Mobility Summit New York City – October 4, 2010 Global Mobility: Perspectives on Best in Class
Frame of Reference • Twenty years of corporate HR management experience with U.S. and non-U.S. MNC’s • International assignments in the military and private sector • Fifteen plus years’ interaction with global mobility and other IHR colleagues within the National Foreign Trade Council
Workforce Issues – 2010 and Beyond • Demographic Trends - War for Talent • Expansion of Business Activity into Newer or Emerging Markets (Africa, Brazil, China, India, the Middle East) • Increased Competition from non-U.S. MNC’s within and outside their borders (Brazil, China, India) • Career Aspirations of Employees
General and Proprietary Studies • 1990’s: Selection of Talent; Dual-Career Couples; Annual Relocation Trends • NFTC/Towers Perrin Benchmarking Study • Cigna International, NFTC, World at Work- Expatriate Satisfaction Study • 2000’s: Annual Relocation Trends and PwC’s Mobility 2020
Related Trends • Demographic Trends in Western Europe, North America, Japan, and China • Expansion of Business Activity into “New” or Emerging Markets • Increased Competition from non-U.S. MNC’s • Career Aspirations of Millennial and Gen Individuals • War of Business! And War for Talent! Convergence with Global Mobility
Facets of Global Mobility Management • Administration • Assignment Planning • Assignment Refusal/Deferral • Candidate Assessment • Career Development • Compensation-General • Compliance • Cost Containment • Dual Career Couples • Employee Assistance Programs • Localization • Orientation, Training & Support • Program Philosophy • Repatriation/Retention • ROI • Security/Emergency Evacuations • Selection • Spousal/Family/Partner Support • Technology • Tax Management • Vendor Relationships
Conclusions • Understand the Drivers of Business Success in Your Company/Industry • Business Case Development for Talent Development & Global Assignments • Look Outside Own Industry Sector For Smart Practices
William R. Sheridan Vice President – IHR Services National Foreign Trade Council600 Lexington Avenue, 29th FloorNew York, NY 10022T: (212) 399-7128wsheridan@nftc.org