Randolph Reckstadt’s Post

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Everything is possible - we just have to do the first step

Culture eats strategy for breakfast again Peter Drucker`s famous statement gains new momentum due to demo-graphic change on the one hand and a prominent increase in costs for companies on the other. Especially SMBs are facing two challenges: Due to the demographic change the skilled labour shortage feeds the necessity to internationalize recruitment activities to open new pipelines for talent intake while adapting their company culture towards retaining the newly hired “impats”. Simply put: the best recruitment strategy will not help without a proper on-boarding based on cultural awareness and ultimately a change towards an internationally open-minded company culture. High labour and energy costs force companies to either look for new markets to generate more income or save costs by moving assets in lower cost countries. Both initiatives require a strong internationalization of their HR department to enable the buildup/acquisition of a production facility or establishment of a sales office abroad. Changes will not be limited in the way how to recruit but furthermore touch performance & talent management, where cultural differences should be incorporated. Without the internationalisation of HR and ultimately the company culture an important tool to gain more competitiveness remains unused. Any experiences you like to share? #Fachkräftemangel #InternationalHRManagement

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