Expatriation is a big topic, and is getting bigger. Over 200 million people worldwide now live and work in a country other than their country of origin. Tens of billions of dollars are spent annually by organizations that move expatriates around the world. Yet, despite the substantial costs involved, expatriation frequently results in an unsatisfactory return on investment (ROI), with little or no knowledge as to how to improve it. Why is this so? Drawing on more than a decade of expertise, research, and publications in top journals, the authors provide you real solutions to achieve more than a satisfactory ROI from expatriates with rule number one being: Understand expatriates themselves. This book provides a practical insider s guide that reveals why expatriates seek and accept international assignments; how they feel impacted by new forms of remuneration and other working conditions; how international assignments fit in with their longer-term career aspirations; and what complications arise in terms of their families. Whether you re a manager or consultant, inside you ll learn what modern-day global mobility is like (based on the authors decade-long study with nearly four hundred expatriates and their managers, as well as over a hundred who were interviewed personally), how it is changing, and why now, more than ever, a hard-nosed ROI approach is necessary.
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Yvonne McNulty, PhD is a visiting scholar at Shanghai University, PR China, and a leading authority on expatriate ROI. In 2010 Yvonne's doctoral thesis on expatriate ROI won two "Best Doctoral Dissertation" awards including ANZAM's best doctoral thesis in Australia and New Zealand. A frequent contributor to Deloitte, Brookfield, ERC, and Cartus, Yvonne's research has been featured in the New York Times, Economist Intelligence Unit, International Herald Tribune, the Financial Times, and China Daily, among others.
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Paperback. Condizione: New. Expatriation is a big topic, and getting bigger. Over 200 million people worldwide now live and work in a country other than their country of origin. Tens of billions of dollars are spent annually by organizations that move expatriates around the world. Yet, despite the substantial costs involved, expatriation frequently results in an unsatisfactory return on investment (ROI), with little or no knowledge as to how to improve it. Why is this so? The problem overwhelmingly lies in the poor delivery of effective expatriate management which is frequently handicapped by a lack of understanding of international careers and the forces that drive competition in the 'global war for talent', an increasingly short-term profit-driven focus, and a failure to adopt the rational strategic approach that organizations automatically apply to other areas of their business. Drawing on more than a decade of expertise, research, and publications in top journals, we contend that the key to getting a satisfactory ROI from expatriates is in understanding expatriates themselves, about whose experiences we have extensive information. We provide a practical 'insider's' guide which reveals why expatriates seek and accept international assignments, how they feel impacted by new forms of remuneration and other working conditions, how international assignments fit in with their longer-term career aspirations, and what complications arise in terms of their families. These are considered in a context that includes the understanding of the drivers for mobility in organizations, emerging trends in global staffing, the global war for talent, and alternative strategies to expatriation. We outline for managers and consultants what modern-day global mobility is like (based on our decade-long study with nearly four hundred expatriates and their managers, over a hundred of whom we interviewed personally), how it is changing, and why now, more than ever, a hard-nosed ROI approach is necessary. By drawing on our extensive experience and research, observations of key trends, and 'crystal ball' predictions, we define new practices for managing global mobility and consider forecasted trends in expatriation over the next decade. Codice articolo LU-9781606494820
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