global talent and mobility 2020
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A Globally Connected World
What is your CQ?
Claire SnowdonClaire Snowdon
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Global Leader
• IQIQ
• EQEQ
• CQCQ
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Cultural IntelligenceCultural Intelligence (CQ) is a person’s capability to function effectively in situations characterized by cultural diversity.Understanding the impact of an individual's cultural background on their behaviour is essential for effective business..
CQ is developed through: • cognitive means• physical means• motivational means
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Expressing an Opinion Expressing an Opinion
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Punctuality
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Waiting in a QueueWaiting in a Queue
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Handling ProblemsHandling Problems
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Relationship of Boss to Staff
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‘‘2011 Global Relocation Trends’2011 Global Relocation Trends’When International assignees leave the company• 22% during assignment• 28% within 1 year of returning • 24% within 2 years of returning• 26% after 2 years
Reasons for early assignment return• Family concerns• Accept a new position in company• Complete assignment early• Cultural adjustment challenges• Career concerns• Security concerns
Top 6 most difficult assignment locations • China • India • Russia • Brazil• USA • UK (Also top 3 countries cited with the highest assignment failures) failures)
2011 expat global data survey - Brookfield Global Relocation Services2011 expat global data survey - Brookfield Global Relocation Services
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The Future of Global Mobility Talent Mobility is in the grip of radical change.The impending retirement of the baby boomer generation will pose serious challenges for most developed countries and some emerging markets. By 2015 1/3 China’s population will be over the age of 50. In India 50% of the population is under 30.
3 generations of workers:• Baby Boomers• Generation X’ers• Millennials
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Talent Management
Assignee levels:25% increase in the past decade (female 10% to 20%)50% increase by 2020
The leading companies are looking to align:• Global Mobility Programmes• Business Planning• Talent Management and Retention
Millennials will form the majority of the workforceby 2020…
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Modern Mobility
• Short term assignments• Project based assignments• Commuting and extended business travel• Intra-country mobility• Rotational employee programme• Reverse transfers• Global nomads• One-way relocation• Contingent labour• Virtual Mobility (mobility without moves)
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How will these trends affect your How will these trends affect your organisation and your tenants?organisation and your tenants?