In light of continuing economic uncertainties, many organizations are recognizing a need to take action regarding talent for the sake of not only satisfying immediate business needs, but also for longer-term strategic success and continuity in an ever-challenging talent market.

As global opportunities and initiatives begin to re-emerge, organizations will be required to have the necessary talent and global mobility response. A recent global survey cosponsored by KPMG and the Economist Intelligence Unit taken by more than 400 executives found that:

• 81 percent reported that an effective talent management strategy will be key to future competitive success
• 55 percent will increase sourcing of key talent outside their home markets
• 71 percent say they increased cross-border collaboration
• 76 percent say their HR team doesn’t excel at supporting globalization

Conclusion of the survey: To be successful in the future, a dramatic change in approach is needed — a symbiotic relationship between talent management and global mobility practices.  A truly integrated and holistic design is needed, which includes workforce planning, analysis of relevant employee information, targeted performance, and career management, alignment of rewards and culture, technology, and governance.

Do you want more information, read “A Practical Guide To Integrating Talent Managemet and Global Mobility”, a practical guide which covers these areas and more and can be a useful to assist HR and global mobility managers in refining their approach to integrating talent management and global mobility.