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Showing posts from April, 2009

HR Globalization Trends

This is a debrief of a recent webinar I attended. A link to the webinar is attached below. This is based on a recent study on HR Globalization trends conducted by The HR Executive magazine and the Hackett Group. The sample size of this study initiated in Jun 2008, was 80 Globally spread out companies ranging from 1000 to 10,000+ employees worldwide. Many of the companies surveyed were between 10,000+ employees I have summarized below a quick debrief of the study findings (from the webinar ): #1 The number 1 driver for HR to globalize appears to be "enabling Company's global growth and expansion strategy" and then "Cost savings". The study also cites that HR Globalization is a key differentiator between companies that have successfully become global companies from those that are struggling to do so. #2 Companies surveyed surprisingly experienced not only a decrease in HR transaction costs (Efficiency) but an increase in the impact of their HR / Talent Management