ABSTRACT
This chapter examines how companies are dealing with the challenges involved in global talent management. It looks at the key issues related to recruiting and staffing. The chapter explains the benefits and costs of different staffing policies. It presents the different types of training and development programs. The chapter also illustrates the various challenges involved in managing people within multinational corporations (MNCs) and offers examples of how individual managers who want to pursue borderless careers cope with changing environments. MNCs increasingly recognize the effective management of human resources to win the talent war, global talent management, as a major determinant of success in the global market. The very first challenge companies are facing is how and where to find a talented workforce. Ethnocentric organizations believe that a parent company's way of conducting business is superior to host countries and thus typically sends home-country managers, that is, expatriates, to manage foreign operations.
