Global Business Environment: Comparing the Then and Now

It really is fascinating how quickly the global business environment develops and changes. The latest Insight article in the McKinsey Quarterly magazine illustrates the point very well, highlighting the fifty years gap between then and now. For example, exactly 50 years ago, in 1964, IBM made a breakthrough in computer technologies with their System/360 mainframe, […]


Global Workforce Migration Outlook for 2013: Off to Even More Surprising Destinations?

‘UK to Botswana’, ‘Greece to Australia’, ‘Ireland to UAE’, and ‘Portugal to Mozambique’ – the four stories from the latest Guardian article illustrate European migrants fleeing the continuous recession. Indeed, ‘the great escape’ of Europeans from economic crisis, especially to emerging economies around the world, is expected to continue in 2013. While already quite pronounced […]


Global CEOs about Talent: Key Challenges and Key Actions

The Global CEO Survey conducted by PWC revealed that despite of all the economic uncertainties, business leaders still believe that the trend of global integration will stay on track, and maintain the commitment for doing business globally stronger than ever before. To support the main direction of business expansion, CEOs highlight strategies for managing talent as their top priority.


Follow-up on emerging markets: The war for talent

Scarce local talent in emerging markets tops mobility challenges according to the recent Mercer HR & Mobility Challenges of Emerging Markets Survey. Echoing these findings, the latest article in McKinsey Quarterly, the business journal of McKinsey & Company, posits that ‘competition for talent in emerging markets is heating up’ which the authors attribute to two main reasons: scarcity of local talent, and reluctance of parent country managers to go abroad.


Spotlight emerging markets – How important are the costs of expatriation?

The 2011 report on Mobility Challenges in Emerging Markets by Cartus aimed to establish baseline practices used by multinationals in emerging locations. The report highlights the variety of markets perceived as emerging and that companies have a strong need to succeed in these markets. Moreover, it seems that when dealing with emerging markets the question of expatriation costs becomes secondary. Take a look at the arguments.