The globalization process has led to an increasing need for building multicultural teams and widening employee mobility. However, regardless of how important and expensive an expatriation can be, studies have consistently shown that only 25% of expat assignments can be considered fully successful.
To revert these numbers, many companies are now focusing on developing cross-cultural competence throughout their staff. This means enhancing the professionals' ability to manage cultural differences effectively and productively.
To develop such a competence, several new issues should be addressed:
- Which executives are ready for a foreign assignment?
- What does expat assignment preparation entail?
- What kind of support should the organization provide for the accompanying family?
- How to ensure that foreign assignments remain attractive, as well as talent flow?
- Which benefits should be granted, and how to keep them cost-effective?
- What are the key tools to succeeding in managing multicultural teams?
- How to implement an expatriate policy?
Global Line's mission is to help companies identify and answer these questions, providing assistance towards developing intercultural competence throughout the organization.
