Saturday, February 24, 2024
News
NEWS HOME
»
PRN INDIA
Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities
  SocialTwist Tell-a-Friend  
   

G-P's 2023 Global Growth Report finds 4 out of 5 employees are ready to work for global organizations, but executives may not be prepared to lead global teams

BOSTON and PARIS, Oct. 16, 2023 /PRNewswire/ -- G-P (Globalization Partners), the pioneer and recognized leader in the global employment industry, known for setting the standard in global employment compliance, today released the inaugural 'Global Growth Report: The Rise of the Everywhere Workforce'. The report found that despite economic uncertainty, 73% of C-suite executives are focused on growing their organization over the next year. However, growth requires skilled talent that leaders often can't find locally, pushing them to look beyond borders to source success.

G-P, Global Made Possible

The G-P 2023 Global Growth Report brings together perspectives from 2,500 executive leaders and 5,500 employed professionals worldwide, uncovering expectations and employee sentiments in the evolving business landscape, along with informing strategies and best practices to become a globally-minded, employee-centric leader.

"Business growth is no longer a linear journey. For organizations to thrive amid today's ever-evolving market dynamics, businesses, and their leaders, need to constantly evolve. Adopting a global mindset is key to navigating change, driving innovation and developing new business models," said Nicole Sahin, CEO of G-P.

"But having a global mindset alone is not enough," continued Sahin. "Leaders need to create a holistic business environment that supports an everywhere workforce. There needs to be a convergence of global mindset, human expertise and powerful technology to navigate the intricacies of global growth in order to realize optimal innovation, create global growth opportunity and gain a competitive edge."

Top findings of the report include:

  • State of the Everywhere Workforce: More than half of employees worldwide (58%) are already searching for a new job, or plan to do so within the next six months. 88% of those employees report wanting to work for a global company.
  • Attracting Top Talent: More than three-quarters (77%) of executives worldwide say identifying skilled talent in their current markets is a problem, and 72% are considering hiring internationally as a solution to their talent needs.
  • Ideal Qualities for Leaders: Over half (56%) of employees list the ability to adapt and remain flexible as the most important quality needed to successfully lead a global team.
  • Leveraging AI: 93% of employees are excited about potential uses of AI at work. As companies look to expand, 48% of executives—as well as 45% of employees—believe AI can improve predicting business challenges in prospective new markets.

Download the G-P Global Growth Report here to learn more about the opportunities and challenges of global growth.

For more information on how global growth technology can help achieve business goals, visit: www.g-p.com.

About G-P

G-P is the pioneer and recognized leader of the global employment industry and has delivered world-class global compliance and workforce products designed to meet the needs of growing companies since 2012. G-P's global growth platform is driven by the G-P MeridianTM Suite of SaaS-based global employment products. G-P helps thousands of customers build and manage teams quickly and compliantly in 180+ countries without navigating legal, tax or HR issues. To learn more, please visit: g-p.com or connect with us via Twitter, LinkedIn, Facebook, or check out our Blog.

Logo - https://mma.prnewswire.com/media/1913267/4341305/G_P_NEW_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/go-global-or-go-home-new-report-reveals-companies-lacking-global-presence-will-lose-growth-opportunities-301956904.html

More News by PR Newswire India

/DISREGARD RELEASE: Bybit/

Kushal's Fashion Jewellery Festive Collection, adorned by Tara Sutaria, beautifully combines glamour and elegance

Unilumin Group Signed an Agreement with Saudi Arabia in the Third Belt and Road Forum for International Cooperation

Transport Corporation of India Ltd. (TCI Group) has been recognized as a Maritime Excellence Achiever at GMIS 2023 by The Ministry of Ports, Shipping & Waterways on 19th October 2023

Bitget Introduces 'Futures Quant' With AI Features

Bitget's Q3 Growth: Second-Highest Market Share Surge and Record High for BGB Holders

HarperCollins Publishers India is proud to announce the publication of SPREADING JOY: How Joyalukkas Became the World's Favourite Jeweller by Joy Alukkas with Thomas Scaria and Nidhi Jain

Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

MOVIN rolls out the second phase of Electric Vehicles in Bengaluru paving the way for greener deliveries in logistics

Motilal Oswal Financial Services Ltd. (MOFSL) launches #CorporateMushaira, an audio-first campaign for the World Investor Week

UBBF 2023 Intelligent IP Network Summit in Dubai an Impressive Success

Placing Them Right: IBS Path to MBA Career Success

HDFC ERGO reiterates its commitment on making health insurance Accessible, Affordable and Convenient with launch of 6 new products and 2 service upgrades

capSpire expands its global footprint with entry into the Singapore market

GTPL Hathway records its highest quarterly revenues from operation

CCTV+: International reporters experience the romance and vitality of Hangzhou, China

STL expands its Enterprise Networking solution portfolio with Estelan

Mantittude: Skincare for Men encourages men to unleash their inner 'Pataka' this Diwali

The 134th Canton Fair Opened with Optimized Structure and Upgraded Scale

MADAME TUSSAUDS SINGAPORE UNVEILS LIFELIKE FIGURE OF CRICKET ICON VIRAT KOHLI AMIDST ICC MEN'S CRICKET WORLD CUP!

Ugreen unveils power solutions and personal data storage at the Gitex Trade Show in United Arab Emirates.

Meridean Overseas Education Consultants Announces Half-Day Leave to Celebrate India vs. Pakistan Cricket Match

Xinhua Silk Road: Huai'an, UNESCO creative city of gastronomy, explores innovative dev. of food industry via premier regional food expo

Xinhua Silk Road: Fengxin County in E. China's Jiangxi celebrates bountiful harvest of kiwifruit

Casio to Release G-SHOCK Watches with Shining Metallic-Colored Dials

UEG Week 2023 : Babies with a low birthweight four times more likely to develop fatty liver disease in later life

CGTN: Diffusion of tea and its culture along the Silk Road

NEOM announces Leyja, its latest sustainable tourism destination

Expand North Star 2023 kicks off in Dubai gathering game-changing start-ups to accelerate on global stage

World Health Summit kicks off in Berlin

Hexaware Technologies announces new office in Dehradun to bolster its global delivery network

Chinese automotive industry has overtaken to supercars

Participants of the Made in Russia business mission to India held more than 150 negotiations with local importers and distributors

Rummy Passion Raises the Bar: Instant Withdrawals Now Available for All Tiers

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Shah, Nadda likely to chair key BJP meet...
Maharashtra: Three Bangladeshi nationals...
TN BJP chief Annamalai hails ex-CM Jayal...
Cooperative sector instrumental in shapi...
Shah, Nadda likely to chair keep BJP mee...
ECI directs States, UTs to implement tra...
More...    
 
 Top Stories
Australian Minister visits India, a... 
Asia Cup 2024 archery: Indian men's... 
Rakul Preet Singh, Jackky Bhagnani ... 
Jordan Thompson upsets Alexander Zv... 
"We've got ourselves into a nice pl... 
UP Police constable recruitment exa... 
Kajol, Ajay Devgn drop adorable pho... 
Growing India draws from its skille...