What are your goals for 2019? That’s a question that most people tend to ask themselves as they head into the new year. And, while the planning usually begins during the previous year, by the time January rolls around, it’s time to set those plans into motion. That’s when a carefully thought-out strategy needs to become a well-executed one.
It is no different for companies and organizations, especially when it comes to developing and executing a successful mobility strategy.
Aligning Talent Management and Talent Mobility
In today’s global mobility climate, there continues to be much emphasis and discussion around the importance of aligning the functions of talent management and talent mobility in order to reflect the overall business goals of an organization. Thus, an organization’s mobility strategy should be designed around two critical factors:
- The business goals of the company
- The talent development of the company’s mobile workforce
So, perhaps the first question an organization should ask is: Does our global mobility strategy align with the business goals of our company? To best answer that question requires that key stakeholders review the strategies that your organization currently has in place, and to evaluate whether they are still the most viable. Additionally, you must ask: Is our mobility strategy progressive and aggressive enough given the organization’s current and future business goals?
This is why it is so important for those involved in talent mobility to be keenly aware of what the organization’s goals are in terms of the bigger picture. At the same time, they need to be aware of the potential impact that mobility can have on talent development.
Is it Time for a Change?
That is often a difficult question to answer, especially if an organization already has a mobility program that has been running successfully for a number of years. However, no matter how successful a program might be, it still needs to be able to evolve as needs change. For example, there might be an element of the program that has always been managed in-house, but due to increases in relocation volume, it might be time to consider outsourcing. It could be that emerging technologies can be leveraged to streamline cumbersome tasks.
Whatever the issue, you need to have the strategies in place that are the right fit for your organization, and that position your company as a leader in the marketplace. Equally important, you have to ensure that you have the right trusted partners that you can count on to provide the right guidance within an ever-changing business environment.
Talent Mobility as a Pathway to Talent Development
For the globally mobile employee, relocation and international assignment work is generally viewed as the pathway to career development. Likewise, many organizations develop their global leadership through international assignments. While on assignment, employees learn valuable new skills and gain new knowledge and experiences, which in turn is intended to make them more valuable as employees. So, this is seen as a win-win for both the organization and the employee.
Similarly, statistics show that more Millennials in the workforce express a desire to go on international assignments. It is one of the aspects that tends to attract them to a particular company or position. Thus, an organization’s mobility program can become an invaluable tool for the recruitment and retention of talent.
Enhancing the Employee Relocation Experience
There is also much more emphasis today on the employee relocation experience, and how to make improvements, while being sensitive to cost containment. So, an important mobility goal for 2019 might include ways of enhancing the employee relocation experience in your organization. This can go a long way with talent retention, since an employee who has a great relocation experience is far less likely to leave the organization soon after the move.
Planning for Success
We’ve all heard the saying attributed to Benjamin Franklin: “If you fail to plan, you are planning to fail.” So, it’s important to start the year off right, by determining your goals, and developing the strategies that will get you there. That is indisputably a plan for success.
And remember, you never have to go it alone. VERSA is always here to help you achieve your mobility goals. Feel free to contact us anytime!