This episode of the Wild Side podcast focuses on where the next major productivity gains of multinational corporations will come from. Over the last 30 years, major productivity surges have come from challenging the power of organized labor, outsourcing non-core activities, and the wholesale offshoring of manufacturing and service provision abroad. The demand for companies to produce year-over-year productivity gains continues at the same time as operating costs have increased in offshore destinations. As a result, companies are taking cost-cutting initiatives in countries that have previously only experienced growth and are replacing people with technology at an increasing pace at home. This brings new challenges into old markets and old challenges into new markets.
Key Takeaways:
Two approaches that forever changed employee relations. [2:38]
The advent of the International Employee Relations Specialist. [4:15]
Productivity challenges of multinational companies. [5:05]
Eight Challenges of the Employee Relations Specialist. [7:54]
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