Many firms nurturing global talent

A majority of companies want to accelerate the development of their global talent, according to a recent report from The Conference Board entitled ‘Developing Global Leaders: Enhancing Competencies and Accelerating the Expatriate Experience’.

Over three quarters (77%) of the 81 companies surveyed for the report indicated that they are seeking a variety of approaches to improve their global talent development.

Providing targeted feedback on performance and potential was cited by 47% of respondents as being the most effective tactic in accelerating the nurturing of global talent. The most effective practices to develop global business leaders are longer-term international assignments (33%) and international cross-functional team participation (18%).

“The best way to accelerate global leadership development is to have a sound framework,” says Robert Kramer, the author of the report. “It is important to identify what lessons and performance demands are needed to build international business proficiency, and to find key talent and focus attention on the fast learners.”

Well-managed firms are more likely to accelerate global leadership development by giving global leadership talent access to a few targeted, developmentally rich positions, providing greater opportunities for global networking, using assignments in foreign client or supplier organizations, employing focus groups, and using off-site education or training programs.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Previous article
Next article

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now