Growing pains: companies in rapid-growth markets face talent challenges as they expand …draws on a survey of 810 business executives from all major rapid-growth markets conducted for Ernst & Young by the Economist Intelligence Unit during March and April 2012.
Respondents included companies from 35 rapid-growth markets and 21 sectors.
Fifty-three percent of the respondents were CEOs, CFOs or other C-level executives.
Here are the biggest issues:
Global compliance to regulations
Global talent management Top management teams lack international experience
Recruitment from rivals
Retaining and rewarding high performers…in different markets
Defining Talent management… views different by level, by generation, by market
Integrate talent management and mobility
Invest more in Learning
Aligning individual goals with job opportunity, i.e. goals of the business
Show appreciation of Diversity
Clearer Communications across borders/timezones/cultures
Maintain a Single company mission