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Global presence key to competitiveness: 97% of executives agree

Global presence key to competitiveness: 97% of executives agree

The findings, part of G-P’s second annual global employment trends report, highlight the advantages of maintaining a global business presence to help both companies and employees succeed in the evolving work environment.

Businesses with operations across multiple markets not only gain a competitive advantage but also build resilience against rapid changes, ensuring long-term stability. However, despite this optimism, executives worldwide continue to face challenges such as talent shortages and increasing pressure to integrate AI technologies into their operations.

“There’s never been a better time to build a global team,” said Nicole Sahin, founder and CEO of G-P. “At G-P, we’re at the forefront of the intersection of global employment and AI, empowering leaders to build agile workforces and transforming how companies leverage human potential from around the world.”

According to G-P’s “World at Work: The Future of Global Employment Report,” four out of five executives say that finding skilled talent in their existing markets is difficult right now. The majority (72%) are ready to look to other countries to meet their talent needs – a smart move considering 80% of employees want to work for a global company.

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Executives are eager for AI to be a solution, with half saying AI can help with predicting business challenges in prospective new markets. The vast majority of employees (92%) are also excited about potential uses for AI, albeit some (34%) are hesitant to use AI at work out of concern their manager would place less value on their work.

2024-09-20

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