The Deloitte Strategic Move surveyed 200 multinational companies and found that the top emerging issues were geo-graphical markets, skills gap, globalization and increased competition. The key to these issues is the management of global mobility. However, the key to this management is HR.
Based on the reading, recent HR transformations tended to focus on cost savings rather than building more agile business driven HR functions. Therefore, companies could change to a more HR function driven business through following steps-
- Move to more agile organization with flat, transparent and integrated talent strategies
- Have transparent global talent mobility with continuous development
- Implement global leadership and encourage global mindset
- Integrate talent practices, policies and careers
- Integrate talent acquisition and talent management
- Invest in HR technology
- Utilize analytics to understand the global talent issues
- Give HR the training and skills to maximize the opportunity.