New Book Confirms Multinationals and Talent are Key to Economic Recovery
Monday, 21 February 2011
A new book, entitled Global Talent Management, by Professor Hugh Scullion and Dr David Collings at the J.E. Cairnes School of Business and Economics, NUI Galway, was recently launched by Jack Golden, Group HR Director of CRH. Published by Routledge, this is one of the first books published globally on this important topic and draws on contributions from leading scholars around the globe. In the context of the challenges emerging from the current global economic downturn, managers around the globe are increasingly looking to their key talent to ensure the survival and growth of their organisations. This text will provide some useful insights on how some of the best performing organisations around the globe engage with this challenge. Commenting on the book Professor John Slocum, Editor of the Journal of World Business, said, "Professor Scullion and Dr Collings have written the definitive book on global talent management. Their experience and compelling selection of articles written by renowned scholars create a delightful journey. Their masterpiece develops a mind-set for all managers who are concerned with designing practices for the war on global talent." 'The war for talent' is a battle cry frequently heard in corporate boardrooms around the globe. Organisations are in constant competition to attract and retain the best and the brightest talent. Indeed, Ireland's high quality workforce is an oft cited reason why key multinationals locate here. However, the relocation of this employment to developing economies particularly in the east, is a major challenge. Commenting on these trends, Dr David Collings, noted, "One of the key attractions of Ireland as a location for FDI is the quality of the workforce here. From excellent technical competence to superior managerial talent, Ireland has punched well about its weight in attracting top multinationals to locate here. Global Talent Management provides guidance to managers on how best to manage their talent systems to ensure the ongoing success and performance of their organisations in the global context." Jack Golden, Group HR Director of CRH, who launched Global Talent Management, is acutely aware of the challenges of managing global talent. CRH employs over 80,000 people across 35 countries with the vast majority employed outside of Ireland. Mr Golden commented on the timeliness of the book and the quality of the contributions in helping to frame the key issues which organisations faced with regard to managing talent on the global basis. He also commented on the resonance of many of the issues discussed in the contributions on talent management in the emerging economies of India, China and Eastern Europe in the context of CRH's growth in these regions. Professor Scullion and Dr Collings are considered to be two of the leading international experts in the area of global talent and global staffing more generally. Both have conducted extensive research in these areas and are working with leading international organisations on these issues. They are regular speakers at industry events including at the Danish Federation of Industry and the Global Mobility Summit London.