MGTS7604 | Management | The Context Of Expatriate Failure
Should multinationals be concerned about expatriate failure?
Answer:
Yes, it is important for the multinationals to emphasize on the expatriate failure. By focusing on the rate of failure in the context of expatriate failure it can be analyzed that it is increasing.
It can be analyzed that just because of expatriate failure the negative effect can be seen in the entire productivity level of the organization. The effect is also seen on the overall growth of the company. In relation to the expatriate selection, it can be examined that the organization emphasizes on improving the process of selection. If the employees of the company are managing their work in the domestic work then it is not important that they will manage the operation of the company in the international market. So, it is important for the organization to emphasize on employees selection on the basis of technical experience.
It has been examined that a multinational company should focus on expatriate failure as it can impact the overall share of the market. Just because of this the company faces a huge impact which can create an issue in the business situation. The effect is also seen on the overall relation of the employees as it can affect the growth of the company (Kumarika Perera, Yin Teng Chew, & Nielsen, 2017).
In can be analyzed that expatriate failure the affect can also be analyzed on the relations with the family. Expatriate failure is one of the negative effects on the relations with the stakeholders in the foreign market (Erogul & Rahman, 2017). So, the proper measure should be taken so that activities can be maintained.
References
Erogul, M. S., & Rahman, A. (2017). The impact of family adjustment in expatriate success. Journal of International Business and Economy, 18(1), 1-23.
Kumarika Perera, H., Yin Teng Chew, E., & Nielsen, I. (2017). A psychological contract perspective of expatriate failure. Human Resource Management, 56(3), 479-499.
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