How do you show the value of global sourcing to your organization?

1 Define your goals and metrics

Before you start sourcing globally, you need to have a clear vision of what you want to achieve and how you will measure your success. What are the business objectives and talent needs that drive your global sourcing strategy? How do you align your sourcing activities with the organizational goals and priorities? What are the key performance indicators (KPIs) and metrics that you will use to track and evaluate your global sourcing efforts? By defining your goals and metrics, you can set realistic expectations, establish a baseline, and show progress and results.

3 Showcase your talent pipeline

One of the main benefits of global sourcing is that it helps you build a robust and diverse talent pipeline for current and future roles. You can show the value of your talent pipeline by highlighting how it helps you reduce your dependency on external agencies, increase your referral rates, engage passive candidates, and fill critical roles faster. You can also showcase your talent pipeline by sharing success stories, testimonials, and case studies of how you sourced and hired great candidates from different regions and backgrounds. By showcasing your talent pipeline, you can show how global sourcing helps you create a competitive advantage and a positive candidate experience.

4 Educate and involve your stakeholders

Another way to show the value of global sourcing is to educate and involve your stakeholders, such as your leaders, hiring managers, and recruiters. You can educate them about the benefits and challenges of global sourcing, the best practices and tools to use, and the legal and cultural aspects to consider. You can also involve them in your global sourcing process, such as by inviting them to join your sourcing sessions, webinars, or events, or by asking them to provide feedback or referrals. By educating and involving your stakeholders, you can increase their awareness, buy-in, and support for your global sourcing strategy.

5 Celebrate and share your achievements

Finally, you can show the value of global sourcing by celebrating and sharing your achievements with your organization. You can use different channels and formats, such as newsletters, reports, dashboards, presentations, or social media, to share your global sourcing results, stories, and learnings. You can also use recognition and rewards, such as shout-outs, certificates, or prizes, to acknowledge and appreciate your global sourcing team and partners. By celebrating and sharing your achievements, you can build trust, credibility, and visibility for your global sourcing strategy.

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?