Globalization: Extending your reach, adopting new mindsets and incorporating new cultures
In its 2011 annual CEO survey, PricewaterhouseCoopers found that 66% of CEOs reported that a lack of the right skills is their current biggest talent challenge. CEOs also reported that the need for organizational agility is paramount to their future success in the global marketplace.
Neither of these findings is surprising. We are living and working in a world characterized by increasing globalization, complexity and change. A major task for all CEOs, HR directors and CLOs is to facilitate the development of a workforce that is both capable and competent to thrive and work within an emergent environment—every day.
Although on the surface this may appear to be a Sisyphean task, if we think about the challenges of each of these areas, we can identify strategies for leaders to maximize the associated opportunities and minimize the risks. In fact, there are some reasonably straightforward actions that any CEO, HRD or CLO can take to keep their organizations ahead of the curve.
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