Author:
Warren Heaps – Birches Group LLC
It’s now almost the middle of 2011, so the 21st century is well underway. The new realities of global business are upon us:
- Companies are expanding from developed countries into new, high-growth markets in the developing world in record numbers.
- Global talent is being snatched up across borders on a regular basis.
- Companies are sending expats to new locations, and breaking new ground with each assignment.
- Companies headquartered in developing markets like India, China, Brazil and South Africa, to name a few, are expanding along with multi-nationals from more established markets.
- Demographic shifts will result in an increasing number of workers being sought from developing countries to replace the ageing workforce in North America and Europe. In fact, McKinsey predicts that by the year 2040, the largest working-age population in the world will reside in Africa.
So what does this have to do with global mobility? A lot!
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