Ernst & Young has surveyed 810 business executives on Global Issues. Business Implications – – companies facingTalent Challenges as they expand…

Growing pains: companies in rapid-growth markets face talent challenges as they expand …draws on a survey of 810 business executives from all major rapid-growth markets conducted for Ernst & Young by the Economist Intelligence Unit during March and April 2012.

Respondents included companies from 35 rapid-growth markets and 21 sectors.

Fifty-three percent of the respondents were CEOs, CFOs or other C-level executives.

Here are the biggest issues:

Global compliance to regulations

Global talent management Top management teams lack international experience

Recruitment from rivals

Retaining and rewarding high performers…in different markets

Defining Talent management… views different by level, by generation, by market

SOLUTIONS:
Integrate talent management and mobility

Invest more in Learning

Aligning individual goals with job opportunity, i.e. goals of the business

Show appreciation of Diversity

Clearer Communications across borders/timezones/cultures

Maintain a Single company mission