IEC Rebel’s Digest

Navigating Attrition, Cultural Hurdles, and Team Dynamics in cheaper markets like India. What’s the Bottom Line Benefit?   In the first half of 2022, India experienced a notable surge in attrition rates, reaching 20.3%, up from 6% in 2020, as reported by a survey conducted by global professional services firm Aon Plc. This significant increase […]

————————————————————————————————————————— This article is an excerpt from the IEC Digital Executive Directions article written by IEC Fellow Member Wolfgang Braun. Wolfgang is a well-recognized expert in Executive Services, Value Management, and M&A Transaction Management. He is VP of MIT Alumni responsible for HR and Executive Development, active with MIT AI research programs.   ————————————————————————————————————————— Humanity’s Digital

Hiring the wrong person can have significant financial implications for a company. While the exact cost varies depending on factors such as the position, industry, and company size, several expenses can be associated with hiring the wrong person. Here are some common costs:

The declining retention rate worldwide has resulted in substantial economic losses, both in terms of skilled labor shortage and the cost of training replacements. Retention rates have become even more challenging as many employees have re-evaluated their career goal and priorities in light of the pandemic, such as flexibility, work-life balance and employee well-being. Many

Revitalised BRICS assert influence as Ukraine war drags on But go gradually with investments in BRICS right now As  war rages and damages the global economy, the BRICS grouping of developing nations is suddenly being feted by the superpowers.

Data and local partnerships are key to success When selecting countries in which to expand, a number of obvious decision criteria come into play: a ready consumer market, economic and political freedom and stability, the absence of corruption, a well-educated workforce, a healthy economy and strong economic growth prospects. 

Introduction What do we really mean concerning global expansion and EOR when we state our partners or our operations must be “compliant”, or that they or we are x% compliant? A simple question, but one which has some surprisingly complex undertones and variations. You see, the understanding of what ”compliance”  actually means varies. For and

Introduction Rapid economic changes demand business leaders’ attention. Global and digital competition, along with unpredictable events like climate shifts and cybercrime, disrupt industries. The solution lies in embedding transformation as a core competency. This “total enterprise reinvention” focuses on customer needs, adaptable talent, strategic partnerships, and ongoing refinement. A transformative culture becomes key for agile

Introduction Geopolitics wields unprecedented influence on international business. Amid this, rules-based multilateralism emerges as a stable guide, shaping governance and standards. As nations align with global norms, they become safer markets for expansion. Companies can gauge adherence through organizations like World Justice Project and Transparency International, vital for informed growth decisions, but is this enough?

Introduction Global businesses expanding into new countries grapple with a glaring issue: their employer branding often fails to connect locally. Culture nuances are ignored, diversity overlooked, hindering talent engagement. Some local Employer of Record (EOR) partners step in to bridge these gaps, ensuring effective talent recruitment. The choice between direct approaches and EORs becomes pivotal