The uncertain future relationship with the European Union that Britain is officially leaving in 2019 is prompting numerous companies to set up new bases abroad, with plans to relocate staff to alternative locations across the continent.
A large-scale relocation of talent would mark a shift from the traditional pattern of periodically expatriating individual employees for temporary assignments in subsidiaries abroad. Industry surveys suggest that cross-border work is increasing – despite anti-globalization rhetoric to the contrary – and multinationals are struggling not only to prepare their employees for global leadership responsibilities but to fill the number of international assignments available.
Brexit is only the latest excuse for mobility and talent management to be at the top of the CEO agenda. For companies with limited experience in this area, the risks are multiplied. However, there are also great opportunities.
This article shows you how to make the most of them.