HR Challenge: Staffing Up to Expand Overseas
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Options abound for mid-markets looking to expand overseas, including outsourcing and recruiting firms, industry contacts, and partnerships with larger, more established companies. Expatriates are too expensive for the long term, but a successful offshore venture starts with temporarily assigning home headquarters executives to conduct reconnaissance on the international marketplace, competition, talent pool potential, and legal requirements. Managing HR overseas works best if the company’s home office disseminates information and supports employees worldwide. Local talent must understand the company’s culture, values, and ethics.