International or Expatriate Management Policy
THE VALUE OF A GLOBAL ASSIGNMENT: IT INSTILS ESSENTIAL INTERNATIONAL BUSINESS SKILLS
Q: Are there any instances in which it would be preferable to choose a local hire over an expatriate?
The simple answer is, of course, yes. However, you can't overlook the importance of building global fluency among your employees. The value of a global assignment is that it instils essential international business skills, and companies that eliminate such opportunities risk depleting their pool of global leaders. Look at the CVs of today's CEOs and you'll find that the vast majority earned their leadership positions through consecutive expatriate assignments.
David Croft, Director, Business Development, Canada, Weichert Relocation.