Recruitment and hiring are challenging enough for companies operating in a single domestic market. For companies that build their workforces from a global talent pool, though, recruitment and hiring take on exponential levels of difficulty. Global talent management means navigating country-level regulations, cross-cultural differences, language barriers, and a variety of approaches to data management.
This is where talent-management technology comes in. The right talent intelligence platform can help such companies establish data-driven hiring practices, streamlining much of the work that goes into building a global workforce.
As a result, those companies give themselves a competitive advantage because they can find the best people for a role — wherever that person is — and give their employees long-term paths for career growth.
Strategic Talent Management in a Global Marketplace
Data-driven talent management is more than a tactic or a way to create operational efficiencies. Rather, it has become a key driver in a global company’s success.
In 2018, Dominic Barton, Dennis Carey, and Ram Charan wrote for McKinsey about the “talent-first CEO,” who works closely with their CFO and CHRO to act as their organization’s “central brain trust.” This allows organizations to align financial and human capital so that they can
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