Managing Global Talent Flows
DOI link for Managing Global Talent Flows
Managing Global Talent Flows book
This chapter looks at current organizational trends in managing global talent flows and the choice of organizations between internal and external hiring. It starts with an overview of the recent socio-economic developments that determine global talent flows. It then compares two types of talent flows into organizations: internal movement and external hiring. Focusing on internal talent flows, the chapter then reviews the burgeoning literature on global talent flows within organizations across countries. In line with increased globalization, multinational corporations (MNCs) have increasingly assigned expatriates from the headquarters to manage foreign subsidiaries, and they also increased the flow of staff from foreign subsidiaries to the headquarters. The first part of the chapter thus focuses on the challenges, outcomes and possible HRM solutions of global talent flows between headquarters and foreign subsidiaries. The chapter then addresses external mobility flows and pays particular attention to executive search firms, an important recruiting source for MNCs in foreign markets, and to online recruitment sources that have become the dominant means for employers to attract applicants in most countries.