I remember
one of the discussions i had an year ago( in china) facilitated by Chapman Consulting
where majority of HR leaders present in the meeting said that their companies
were pulling back key decision making and top talent to corporate HQ. I believe this must have been a reverse trend
set during the economic slowdown. I am not sure how the response would be now.
However in
today's globally connected economies if
there is one mantra to make companies successful,
it is going Glocal ( Globally Local). One of the biggest impediments of going
glocal is the availability of leadership to drive this , especially
"mobile leaders" who are willing to take the challenge of not just
sitting in the company headquarters , but willing to relocate to locations
across the world.
There has
been an attempt made by many companies to move talent and leaders across
various countries. This exchange is predominantly between the major economies in
Europe ,USA and the BRIC countries. As we witness a slowdown in BRIC there is
another set of nations lead by CIVETS( Columbia, Indonesia, Vietnam, Turkey and
South Africa) which is setting a new path for mobile leadership. It
is relatively easy to move leadership talent from US to developed countries in
Europe ( without going into the tax and payroll parts), or from less developing or emerging economies to US or
developed countries in Europe , however the reverse may be a hard sell. Even
within APAC, this is a hard sell when it comes to moving people from one
country to another. So it is an immediate need for organizations not just to develop
leadership as a number one priority ( according to Deloitte Global Human
capital trends 2013), but also to develop leaders who are mobile. Infact
mobility should be added as key factor in assessing talent especially at
leadership levels.
A good
example is CISCO which chose Bangalore, India as its second global Head Quarters and moved
its Chief Globalisation Officer Wim Elfrink
there reporting directly to John Chambers who is the Chairman and CEO of
the company based in California. Bayer did the same thing for its polycarbonate
plastic business by moving it to Shanghai.
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