Wow, this is unbelievable!
As many as two in five managers fail in their overseas assignments, according to a survey released by Right Management. A worldwide average of only 58% of international postings were judged to be successful by their organizations, with little variation across regions.
“This has to be one of the most disappointing findings of our survey,” said Bram Lowsky, Group Executive Vice President Americas at Right Management. “Given the investments being made in bringing along a new generation of leaders and their growing need to be able to think and operate globally, for 42% to fail when they’re sent abroad is hard to fathom. It’s also worth noting that the failure rate is more or less a constant whether it’s Asian, European or North American managers.”
The survey also found disparities in the preparation given expatriates before an assignment, said Lowsky.
“A global average of 25% of organizations provides language training. However…
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