Globalization of HR and How Digital Transformation Can Help
Digital communication and social media have created a surge in knowledge networks which have made global collaborative business practices possible. Everyone now has the technology in their hands, laps, or even on their wrists to be visible and connected, making the world even smaller and more collaborative. Businesses can benefit from team diversity, global partnerships, geographically distributed project teams, and competition for global talent. But according to the ADP Research Institute1 , “Half of multinational companies say talent management challenges still hamper their ability to expand into new markets.”