Forelæsning 12 Flashcards
What is GTM?
Global talent management includes all organizational activities for the purpose of attracting, selecting, developing, and retaining the best employees in the most strategic roles
Two approaches to GTM
- Elite approach:
- Focuses on selected high potentials
- Some MNCs restrict their top positions to employees with international experience, or exclusive talent programs. - HRM approach:
- Talent as potentially all employees of an organization.
What is a global career
An evolving sequence of a person’s work experiences over time when parts of the sequence takes place in more than one country
Flexible expatriates (Flexpatriates)
- Travel for brief assignments, away from their home base and across national borders, leaving their family and personal life behind.
- Often operate concurrently in more than one country, on different tasks, transferring knowledge and skills, used for trouble-shooting in the organization
International business travelers
- Take multiple short international business trips to various locations without accompanying family members.
- Used for negotiations, networking and knowledge transfer. ‘Short term’, ‘commuter’ and ‘frequent flyer’ assignments are now a regular part of doing international business.
Transpatriates
- A term used for expats (HCNs, PCNs and TCNs) who have experience with multiple reallocations beyond merely moves from HQ-SD for control purposes.
- They have been on multiple global assignments
Inpatriates
- An employee of a multinational company who is from a foreign country, but is transferred from a foreign subsidiary to the corporation’s headquarters.
Protean Career
- Careers are increasingly “driven by the person, not the organization, and careers will be reinvented by the person from time to time as the person and the environment change”.
International Orgnizational Career
These are employers who has fewer international moves, and often have the desire to climb the organizational ladder.
The transnational career
- Most of the time on international assignments worldwide initiated by employers, rarely work at HQ.
International boundaryless career
This is often useful for jobs that require international talent, but are managed at the regional/local level.
Self-initiated Expatriation (SIE)
- Professionals who on their own initiative take job in a foreign country, often with no planned time period, where the formal employment decision is made by a new work contract partner.
Why SIE?
Exploration, adventure and travel, career aspirations, social relationships or escape from current way of life and job.
- Personal challenge
- Professional development
- Importance of work itself
Push-pull model
Pull factors: Attract employees to a given country due to high wages, higher demand for labor, lower taxes, better working conditions.
Push factors: Pushes people away/repelling people from a country. This can be due to lack of jobs, high corruption, overpopulation, high taxes etc.
Push/Pull factors of home and host country?
- Host country embeddedness serves as pull to stay.
Home country embeddedness serve as pull to repatriate (vende tilbage)
- Lifestyle instrumentally – Financial and social incentives for repatriation (place to raise children, higher salary upon return etc)
- Family at home actively seeking repatriation
- National identity