Category: Global HR
Why build cross-cultural competency: Four steps to organizational innovation
The largest companies in the world, an increasing number of which are technology companies, have experienced and continue a experience a sustained shift in revenue, assets and employees away from domestic markets and toward foreign markets. As all industries become digitalized, the opportunity and need for global workforce mobility grows as well. Even as business grapples with how to manage new organizational models with relatively homogeneous groups of employees in their domestic markets, the challenge is made doubly complex when we add cross-cultural collaboration to the mix.