coursework based on a journal
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Coursework Based on A Journal
The paper explores the different aspects of expatriate employees, especially with respect to multinational companies and the aspirations of the individuals for professional progress. This knowledge is then applied to the Global Talent Management strategies in order to maximize profits for the companies and improve production. The policy of expatriating certain employees by the multinational companies is mainly focused on improving the work culture and management in a country where they are not strongly established. Highly resourceful individuals are also transferred as expatriates in order to improve productivity and employ their expertise in a region where more profit or expansion is expected.
On the other hand, highly motivated individuals may shift on their own accord to a different country and look for employment opportunities there. They can use their resources and novel approach in order to bring about changes in the local companies and quickly scale the career ranks. The way these different approaches can be brought together to unleash the best of potential in both the company and the individual needs to be analyzed.
While the benefits of expatriation are pretty clear, as already stated above, a major concern for companies still exist. One of the main issues regarding expatriation is the initial high cost, a huge risk that many organizations do not find…
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