At IBM, the notion of being ‘global’ isn’t just a tag phrase – it’s the ability to engage people at every level to work effectively together across different countries, time zones, languages and cultures – Ron Glover, Vice President, Global Workforce Diversity.
As the economic downturn continues, ensuring that employees are engaged is crucial to keep workplace morale and productivity high, according to Watson Wyatt, a leading global consulting firm. The highly engaged employees tended to be the top performers by far, and had significantly lower levels of absenteeism (Watson Wyatt’s WorkUSA Survey, Feb 2009).
Globalization and innovation are key drivers for recovering from current financial crisis and get a stronger economy. Global managers work across a vast range of boundaries such as cultures, job functions, locations and time. Working globally and building a global career requires specific strengths, skills, attitude, experience and emotional intelligence. One very important thing is to understand the challenges of living abroad or the impact of frequent travelling if you work domestically as a global manager. Not everybody can adapt to being 24/7 connected to the global work flow and accepting the impact on personal and family work-life balance. In addition, you must find the right global organization that really put employees and global talent development first. Read everything you can about the corporate culture, diversity programs and any clues from insiders that will help you discover if there is a match.with your personal values and skills.
Before looking for a match, you need first to investigate what value do you bring to global companies? for example, which language do you speak ? What are the list of countries you are interested in and why ? You cannot say I want to work in “Europe” if you don’t know which countries you want to go. There is no such thing as a country called “Europe” each country of the union have their own language, laws or business etiquette. So be specific both on your destinations and the types of work you can do that add value to the company or training to reach the required level. See previous post “How To Start A Global Career ?”
The World’s Most Attractive Employers 2010 study by Universum, “the employer branding company”.
130,000 students at top academic institutions chose their ideal companies to work for. This is the first global index of employer attractiveness and highlights the world’s most powerful employer brands, those companies that excel in talent attraction and retention. The global rankings are based on the employer preferences of students from Brazil, Canada,China, France, Germany, India, Italy, Japan, Russia, Spain, U.K., and U.S. Being an attractive employer is critical to keep a sustained competitive advantage.
1. American multinationals increase their lead over the rest of the world.
2. Employer Brands decoupled more and more from Corporate Brands.
3.Companies that help talent develop the me-brand are more attractive.
4.Perception of industry and brand are interdependent.
I selected in this article the top three trends and best business practices shared by successful global companies and 2011 FORTUNE’s 100 Best Companies to Work for®
1-Employees First, Customers Second
No happy customers without happy employees. The Indian company HCL Technologies, which specializes in IT services, decided to put its employees’ satisfaction and personal development at the heart of the company’s vision. In five years, this vision has allowed the company to secure the loyalty of its employees, triple its revenues, increase productivity and customer satisfaction, and reinforce its image. Today, HCL Technologies is the leader of its sector in India.(Sodexo, September, 2011).
Zappos ranks # 6 in Fortune 100 best company to work for and it is not a surprise that Tony Hsieh who built Zappos put his people first, at the center of the company’s core values. Read more about The Zappos Case: Can We Get Both Happiness And Profits ?
A green outlook can help firms attract and retain talent, according to the British Council for Offices (BCO).Paul Edwards, chair of the BCO’s Environmental Sustainability Group, said that a new generation of environmentally-conscious employees is having an influence on businesses. “I think younger people these days understand environmental issues a lot more, so to attract and retain talent, companies are seeing a need to deliver on the environmental promise,”
Many large global companies have implemented eco-friendly and more sustainable business practices. Bank of America for example is proving that eco-friendly operations can coexist with business growth. Bank of America runs an internal recycling program that recycles 30,000 tons of paper each year, good for saving roughly 200,000 trees for each year of the program’s operation. The company also offers employees a $3,000 cash back reward for buying hybrid vehicles. Read more about the top 25 big companies that are going green.
►Encourage people to be creative and imaginative
►Tolerate mavericks with creative ideas
►Promote lots of tries and be willing to accept failures (most ideas don’t pan out)
►Use all kinds of organizational forms to support experimentation (venture teams, task forces, and individual champions)
►Make rewards for successful champions and global winning teams large and visible
- John Tropea: The engagement gap: from neglect to nurture (johntropea.tumblr.com)
- John Tropea: Engagement – it’s about you and the company (johntropea.tumblr.com)
Are you Interested in global business management ?
Does your company asked you to become an expatriate but don’t know if it is the right choice for you ?
Do you want to live abroad for a better life-style ?
Email: email@example.com or Call me on SKYPE: AnneEgros