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International recruitment, selection and retention

Published on February 29, 2024   12 min

A selection of talks on Management, Leadership & Organisation

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0:00
Hello once again. I'm Helene Tenzer, Professor for International Management at LMU Munich School of Management in Germany. In this segment, we will explore international recruitment, selection, and retention. As businesses transcend borders, understanding these processes is crucial to harnessing the best talent across nations and cultures.
0:28
Let's dive straight into the first topic, recruitment. What is recruitment? In its essence, recruitment is the quest to find the best talent. It's about searching for and obtaining a pool of potential job candidates in sufficient numbers and of sufficient quality, ensuring an organization has the right options to fill its vacancies. But where should multinational corporations source their talent from? If the German car maker BMW needs to staff key positions in their production plant in Spartanburg, South Carolina, they could tap into the expertise of parent country nationals, German expatriates from their Munich headquarters, or they could tap into the knowledge of local US employees. They might even draw on the skills of third country nationals who might come from anywhere outside Germany or the United States. Once multinationals have decided on their target group, how do they reach them? They can use social media, rely on word of mouth, or hire executive search firms. These channels may vary in their effectiveness across national labour markets. Moving from recruitment, we delve

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International recruitment, selection and retention

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