CAHRS Director predicts global talent leaders will be developed within international emerging markets in Workforce’s June feature story.
Global Relocation was on the rise in 2011 – with a 64% increase according to a May Global Relocation Trends survey by Brookfield Global Relocation Services. Although overall overseas postings are on the rise, Cornell University's Chris Collins believes it's a short-term phenomenon. As companies expand internationally, he expects they'll cultivate leaders from within the ranks of in-country employees, leading to fewer expatriate assignments in the long run.
"The contradiction to that is that companies are trying to create leaders who can think globally, so they'll selectively move high potential talent or future leaders into global assignments to give them global exposure," says Collins, who runs the university's Center for Advanced Human Resources Studies.
Collins also expects more companies to sign up the best and brightest from emerging regional markets to short-term headquarters assignments to indoctrinate them in corporate culture and expose them to senior leaders and mentors