All of the organizations Knowledge Infusion work with today are global in nature. This article caught our attention with the headline:
Nine out of 10 capital markets executives say their firm is not ready for globalization and doesn't know how to get there.
Jason Averbook, CEO of Knowledge Infusion was recently quoted as saying:
If an organization today doesn't believe they are global, they haven't looked at themselves in the mirror.
The Wall Street & Technology blog has an excellent article about global readiness of organizations today.
A few excepts related to HR technology and talent management include:
To succeed globally, firms will need to tap into best of breed assets, such as talent, shared service centers, and partners, anywhere around the globe. They will need to have superior risk management, collaboration, execution and low latency capabilities across the globe. * Culture turned out to be the number-one barrier to profiting from globalization, and having a global management team was the most important culture-related attribute that will help firms succeed. * Financial markets organizations, despite their reliance and focus on human capital, may be severely underutilizing their hidden or intangible assets. We���re talking about winning minds, hearts and souls -- leading organizations will break out of their ethnic, gender and geographic-centric management models to become more globally integrated. This will be a major cultural shift because when you look at today���s financial organizations, around 70% are led by local headquarters��� board of directors and senior leadership teams. We are optimistic that the industry will manage to do what it���s always done so well in the past, which is to embrace change.
If your organization has operations outside of the US, your organization must take into account this and many more items when selecting and deploying HR and talent technologies.
Another infusion of knowledge...
Wall Street & Technology: Blog: Wall Street Firms Are Not Ready For Globalization, Study Finds
