Transcription of gLoBaL TaLenT ManageMenT: Using Learning …
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gLoBaL TaLenT ManageMenT: Using Learning …
Today, most organizations operate their business around the world through trade, flow of information technology, finance, manufacturing, and migration. It has been estimated that gLoBaL trade in goods and services will rise more than threefold to $27 trillion by 2030 (The World Bank, 2007). However, simply doing business in other countries does not make an organization gLoBaL . If a multi-national company (MNC) remains a collection of independent entities, it is not gLoBaL and may give up many of its potential competitive gLoBaL organizations design and implement gLoBaL systems while meeting local needs. Historically, human resource (HR) management has tended to closely adhere to local practices.
2 The current war for talent is increasing the urgency for MNCs to leverage talent strategically and globally in order to identify, develop, and retain high
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