Business Leaders Take a Global View
Global expansion is the dominant business strategy for the coming five years, according to Competing in a Global Economy*, Watson Wyatt’s latest survey of the world’s business leaders. So what do business leaders around the globe think about their ability to succeed?
Newsbriefs
The benefits of taking a global view of executive reward
Despite a history of successful cost management, a European multinational chemicals company was experiencing mediocre performance from many of its subsidiaries, particularly those located in North America. The company had pursued a strategy of calculated expansion through acquisition, reaching a number two position in its core markets, but its share price had remained stagnant and it was unable to boost its share of the critical US market.
Watson Wyatt Euro Manager
Economic and Monetary Union (EMU) will force change for all organisations conducting business in Europe. Despite this, little information has been readily available about the very significant human resources and benefits issues they will face. The result is that many organisations have done little to capitalise on the potential opportunities EMU will create, or to avoid unnecessary exposure to risks.
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