Latest PageUp People Research Explores Human Capital Challenges Facing Multinational Employers in High Growth Markets
ATLANTA, Ga. and MELBOURNE, Australia – December 19, 2011 – Multinational Talent Management solutions provider, PageUp People, today announced the release of recent research entitled, “Into High Growth Markets: Defining Challenges for Multinational Corporations Operating in High Growth Markets,” authored by Sylvia Vorhauser-Smith, senior vice president of Research. While developed economies struggle with financial uncertainty and slow recovery, other emerging regions are undergoing rapid growth, creating opportunity and appeal for multinational corporations to expand operations into these high growth areas. This new research highlights the challenges multinational employers face when operating in high growth markets, as well as delivers practical human capital management insight for expansion into these regions.
Key highlights include:
- Insight into the unique business environment for which MNCs must be prepared, including variable business governance, internet access and connectivity, and cross cultural communication challenges in high growth regions, such as China, India and Southeast Asia
- The impact on business strategy execution and the need for effective business intelligence, global talent pipelines and the ability to transfer knowledge across borders and generations
- How the better use of technology and science can assist organizations to position themselves advantageously for success in high growth markets
High growth markets hold unlimited revenue potential for employers over the coming decade. For organizations to capitalize on such opportunities, they must first address how to effectively manage talent at a local level with consideration to regional challenges,” explained Karen Cariss, CEO of PageUp People. “By developing solutions to help our multinational customers address these challenges, we have developed a strong understanding of how to adapt HR practices and technology to meet the needs of high growth regions and overcome the inherent cultural, motivational, and technical variances of each region. This most recent research shares relevant, actionable insight and demonstrates our commitment to developing best practices and expertise in this area.