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The Evolving Role of Senior Executives in the Digital Age
The digital age has ushered in unexpected changes, transforming the very fabric of how organizations operate. Let’s unravel the evolving role of senior executives in
Has a position overseas held some mystical attraction to you? Always wondered what working in a foreign country would be like? Let’s examine a few factors that may help you decide if working outside your home country is a good move for you.
Country Culture We talk a lot about company culture when looking for new job opportunities. However, when thinking about taking a position internationally, it is important to understand the country culture. Company standards, work ethic, and leadership are handled very differently from culture to culture. Be sure to carefully investigate this thoroughly before accepting a position. Speaking the Language It is a huge asset if you speak the language of the country to which you are considering moving. When applying for positions, you will stand out more than another executive candidate who does not have language skills for that foreign assignment. If being sent overseas by your current employer, they may provide language classes to help you better communicate while in this position. Costs of Relocation Relocating to another country is very expensive, no matter what country you are considering. These costs are often negotiated into the offer/hire package or included by a current employer. Read the fine print carefully so that you are clear what is included; not only going over, but returning to your home country. Sometimes what is covered for return costs are lower or non-existent based on length of contract or job termination. Global Value Working in another country does have it's benefits on a resume and builds value into your career. This gives you a step up from other candidates without international experience. When returning to your home country, sometimes you can command a higher salary based on your global expertise. Working Hours A foreign company’s working hours are sometimes dictated by the country culture. And, if working for, say, a U.S. company in another country, there may be expectations that you attend virtual meetings with U.S. people which might be 1:00 a.m. your country time. Some Asian countries work 7:00 a.m. to 7:00 p.m. and weekends. There is one possible advantage to these long hours: some companies provide breakfast, lunch and a light dinner to keep employees on the job. However, rush hour traffic may be at 8:00 p.m.! Corporations in Home Country vs. Foreign Many companies have foreign departments, branches, or headquarters. You may want to start with your own organization (if global) to research what opportunities may be available—perhaps in an overseas office or with a close business partner. It is usually easier to start in your home country to clarify all the conditions of a foreign assignment. Think before leaping There are so many factors to consider when moving yourself and family overseas to pursue your career dream of working for an international company. Housing, taxes, cars, schools, conveniences like grocery stores, doctors, hospitals, airports, health clubs, restaurants—the list is almost endless when you look at how you live and work now, and compare it to how that would look living in another country. Certainly, there will be adjustments and compromises. Is it worth it? Only you can answer that question. |
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The digital age has ushered in unexpected changes, transforming the very fabric of how organizations operate. Let’s unravel the evolving role of senior executives in
As navigators of corporate strategy, your boardroom decisions carry significant weight, shaping the trajectory of your organization. But you already know that. In this blog,