In: Accounting
Expatriate education and training is necessary in a global
marketplace to ensure effective communication and business success.
Expatriates' training programs within company could include
language courses, international business development or cultural
communications, but don't leave out the most personal aspect of
international assignments. Often, it's a family's inability to
adapt that leads to initial assignment hiccups.
An expatriates success depends on how fast they ‘Acculturate’
(absorb) in the host country. In expatriate training focuses : On
ascertaining the cultural awareness of the individual, and On
ascertaining the ‘fit’ for the host country’s culture, how similar/
dissimilar is the culture of the expats’ culture from that of the
host country.
ROLE OF EXPATRIATE
2.AGENT OF SOCIALIZATION:
3.NETWORK BUILDERS:
4.BOUNDARY SPANNERS:
5.LANGUAGE NODES
6.Transfer of Competence and Knowledge
Importance of Expatriates in Organizations
By living and working in export territories, expatriates gain a deeper understanding of local market conditions, business practices and cultural factors than employees who try to conduct overseas business from headquarters.
Expatriates work closely with overseas subsidiaries, distributors, agents and joint venture partners to ensure they understand the parent companies’ culture, standards and values.
Expatriates transfer knowledge and skills to overseas partners. If they are setting up manufacturing operations, for example, expatriates can help partners implement corporate working practices and quality standards or use techniques and technologies developed in the parent company.
Increase Local Control
By appointing expatriates to manage business in export territories, organizations can increase business and financial control over local opeAppointing employees to overseas assignments helps organizations develop their management skills and competencies. Expatriates learn to recognize and understand the diversity of local market conditions rations. They establish financial and operational targets with business partners, work with them to achieve targets and monitor performance
Changing Role
While expatriates make an important contribution to helping their organizations develop export markets, their role is changing, according to TLNT, a website dedicated to talent management and human resources.