Global Presence Required: 97% of Executives Highlight Its Importance

Wednesday, 18 September 2024, 03:16

Global presence is required for competitiveness according to 97% of executives. G-P's report shows that four out five leaders find it hard to source skilled talent locally. This trend underscores the need for an international strategy in today's business environment.
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Global Presence Required: 97% of Executives Highlight Its Importance

Why Global Presence is Essential

In a rapidly changing business landscape, global presence has become a critical factor for success. G-P's "World at Work: The Future of Global Employment" report reveals that 97% of executives believe establishing a global footprint is crucial. A significant challenge arises as four out of five executives report difficulties in finding skilled talent within their local markets. This pressing issue emphasizes the necessity of a global talent strategy.

Challenges in Local Talent Acquisition

  • Many executives struggle with sourcing specialized skills within their countries.
  • Local markets often fall short in meeting the demands of a globalized economy.
  • The trend highlights the importance of broadening talent search to international platforms.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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