The document discusses 3 steps for developing a global mindset. Step 1 is to plan, explore, and learn about global expansion by aligning strategy, considering talent acquisition levers, and understanding global staffing approaches and local markets. Step 2 is to understand inclusion and diversity landscapes by framing these issues culturally and tying diversity to business outcomes. Step 3 is to create a global community by building brand awareness across channels and localizing content and messaging. Developing a global mindset requires considering talent, inclusion, belonging, and finding experts to guide the process of international growth.
6. AGENDA
Highspot Confidential
• Importance of a Global
Mindset
• Step 1: Plan, Explore & Learn
• Step 2: Understand Inclusion
& Belonging Landscape
• Step 3: Create Community
• Final Thoughts & Continuing
the Journey
7. Highspot Confidential
CURRENT LANDSCAPE
• A new challenge for our planet and humanity
• Multiple global challenges:
• Social justice
• Pandemic
• Mental wellbeing
• A “new normal”
• POLL: Global Expansion
8. Highspot Confidential
SITUATION
● Borders closed, limited mobility
● Businesses closed or staffing
levels are deeply impacted
● Uncertainty about the future
● “Recovery Market”
● Journey back to home country
to weather the crisis or relocate
altogether
● Workers leaving jobs
● Each person adjusts to their
“new normal”
● More jobs now than workers -
Talent Shortage
IMPACT
WHAT DOES THIS MEAN FOR OUR WORLD’S
WORKERS?
9. Highspot Confidential
SITUATION
● Borders closed, limited mobility
● Businesses closed or staffing
levels are deeply impacted
● Uncertainty about the future
● “Recovery Market”
STATUS QUO IS NO LONGER
AN OPTION
WHAT DOES THIS MEAN FOR OUR WORLD’S
EMPLOYERS?
IMPACT
15. Highspot Confidential
GLOBAL STAFFING APPROACHES
• Ethnocentric approach: Countries with branches in foreign
countries have to decide how to select management level
employees. Ethnocentric staffing means to hire management that is
of same nationality of parent company.
• Polycentric approach: When a company adopts the strategy of
limiting recruitment to the nationals of the host country (local
people), it is called a polycentric approach.
• Geocentric approach: When a company adopts the strategy of
recruiting the most suitable persons for the positions available in
it, irrespective of their nationalities, it is called a geocentric
approach.
• Rego centric Approach: The Regio centric approach uses managers
from various countries within the geographic regions of business.
21. Highspot Confidential
DIVERSITY & THE BUSINESS
“There is ample evidence that diverse and
inclusive companies are more likely to make
better, bolder decisions—a critical capability
in the crisis...Not least, a visible
commitment to I&D during the crisis is
likely to strengthen companies’ global
image and license to operate.”
Diversity Wins: How Inclusion Matters, May
19, 2020 Report. By Sundiatu Dixon-Fyle,
Kevin Dolan, Vivian Hunt, and Sara Prince
22. Highspot Confidential
IT BEGINS AT THE TOP
It is imperative that senior and
executive leaders are accountable
for DEI outcomes to encourage
top-down critical awareness and
active participation in the ongoing
process of change.
Doin' Work: DEI Implementation Strategies For Leadership TeamsForbes, June 24, 2021
29. Highspot Confidential
Resources
● Top HR Considerations for International Expansion (Globalization Partners)
● Doin' Work: DEI Implementation Strategies For Leadership Teams
● International Recruitment Methods -Ethnocentric approach- Polycentric approach-
Regiocentric approach- Geocentric approach
● Diversity Wins: How Inclusion Matters
● The new possible: How HR can help build the organization of the future
● How to Take Your Company Global | Global Business