Globalization requires global leaders. Yet, with the dynamic rate of change in these emerging markets, one has to be current. Just because an ex-pat lived in China a decade ago, does not mean that he understands it today – as China is not static.
Thus, companies look to hire locally. These companies are familiar with the talent level of America’s higher education system graduates. Yet, there is a growing employability gap in emerging markets. Only 15-30% of BRIC (Brazil, Russia, India and China) university graduates are immediately employable (Source: BCG, April 2012).
Then the key is integration and alignment. Successful organizations build community outside their office walls – interacting on global teams.
How does a company execute a global strategy, when global ex-pat leaders struggle to keep up with the region’s dynamic changes, and local hires are not “job-ready?"
