HR

Global mobility – a competitive advantage for international business

Despite the stop/start nature of the global economic recovery, one thing that is perennially on the agenda of CEOs and HR leaders is the war for talent. McKinsey in their latest Quarterly Review (1) suggest that ‘progress towards globalisation’s new era will be uneven for economies and companies alike’. Knowledge in the new intangible assets world will certainly mean power. In the digital global age there will inevitably be a demand for new breeds of talent – emanating from both emerged and emerging countries.

Respondents in PwC’s 2014 Survey ‘Moving People with Purpose’ (2) report that 89% of organisations plan to increase the number of internationally mobile workers in the coming two years. This resonates with the findings of the Santa Fe 2014 Global Mobility Survey Report (3) that there was optimism about the growth in internationally mobile employees. Significantly the consulting and professional services sector were particularly optimistic – supporting McKinsey’s view that cross-border trade will increasingly be underpinned by knowledge-based products and services.

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