Why the Global Mobility function is becoming more strategic

As the role of global mobility managers continues to evolve, so do the challenges and opportunities that come with it.

On the one hand, we have a recession that knocks at the door and throws a spanner in the works of global mobility, therefore organizations are looking to contain costs more than ever.

On the other hand, the race among businesses to find and retain skilled workers from all corners of the globe is heating up.

In the middle of this context, HR and global mobility managers are under pressure to deliver value, manage international assignments in a cost-conscious manner, maintain assignee satisfaction to a high level and ensure a great relocation experience, and attempt to play a significant role in retaining talents and minimize the failed assignments.

Global mobility plays a significant role in ensuring that expatriate employees relocated for work receive the necessary support.

As more organizations look to expand internationally, global mobility has become a key tool for success. It has grown to become an essential part of international business operations.

Global mobility's primary role is to offer expatriate assistance for people moving abroad for employment, with the ultimate goal of boosting corporate performance.

This can involve providing professionals with knowledge about new countries, resources to help them adapt to different cultures and environments, and assistance in managing immigration, visa, tax, or relocation processes.

By providing quality support, global mobility professionals enable expatriates to successfully transition into their new roles with confidence regardless of where they are located in the world. This helps businesses to ensure that their operations remain efficient and competitive.

As a result, global mobility is quickly becoming more strategic in the corporate world with companies looking to it to maximize their return on investment from international assignments.

The role of global mobility managers requires more than just managing expatriates’ relocation process. It includes developing global mobility strategies that are aligned with organizational objectives, as well as managing assignment costs and offering tailored services to assignees.

Global mobility teams are invaluable in optimizing costs, adding value to the process, and ultimately improving the assignee experience.

With the help of global mobility teams, corporations are revolutionizing how they manage their employees overseas - streamlining processes and creating more efficient and cost-effective workflows.

?By combining cost-consciousness with innovative approaches to improve the assignee experience, these teams are becoming essential to today’s rapidly changing business environment.

In response to these changing needs, global mobility teams are becoming more strategic and versatile – from developing cost-effective global mobility strategies to managing visas and immigration policies.

Global mobility is quickly becoming a strategic asset for businesses, one that can help them succeed in the international market and increase their competitive advantage. A GM team is vital for any business looking to expand its operations overseas or to manage efficiently the international assignments of its employees.

Global mobility teams can help manage and reduce costs.

Global mobility teams are often tasked with the difficult challenge of keeping costs low while still providing their employees with valuable resources.

Fortunately, there are a variety of strategies GM teams employ to contain costs without sacrificing quality or assignee satisfaction.

Working closely with reliable suppliers and making sure service costs reflect the added value and support offered can help reduce costs involved in an international assignment.

As well, using global mobility technology to streamline and automate repetitive processes will bring about lower expenditure and less time wasted in the international relocation processes.

Developing cost-effective policies and procedures, as well as engaging in proactive communication with assignees, are also important strategies for keeping global mobility costs low.

GM teams add value by improving the assignee experience.

This can be done through several initiatives, such as streamlining onboarding processes, relevant training (cross-cultural for instance), using tech during the assignment or encouraging regular communication.

Global mobility teams work hard to ensure assignees have a successful relocation experience by providing strategies, resources and support before, during, and after their journey. The investment and the costs involved in an international relocation are usually high, therefore it's paramount to make sure these assignments have the best chance of succeeding.

The assignee experience is an important part of any global mobility program and GM teams can play an important role in making sure assignees are successful in their new roles.

GM teams play an important role in supporting organizations' international expansion efforts.

Global mobility teams play a strategic role in supporting organizations as they expand their operations on an international level. By working to contain costs and improve the experience of assignees, these teams are helping companies expand into new markets and ensure that global expansion initiatives are successful.

As highly successful global mobility programs play an increasing role in enabling competitive advantages, their importance will become increasingly valued by organizations.

Conclusion

As the world grows more interconnected, the global mobility function is taking a leading role in driving organizational success.

The global mobility function is increasingly becoming more strategic – enabling organizations to rethink their approach to talent management and to maximize their human capital investments while reducing costs and risks.

xpath.global upcoming live session tackles exactly this topic, so if you're a player in the global mobility sector, check out this event on Thursday and join us!