A Global Workforce Strategy involves planning and managing a diverse and geographically dispersed workforce in a way that aligns with the company’s global business goals.
Explanation
This strategy encompasses various aspects like talent acquisition, employee development, and compliance with international labor laws, aiming to maximize the effectiveness and efficiency of a global team.
Practical Example of a Global Workforce Strategy:
A global pharmaceutical company develops a workforce strategy that includes remote work policies, cross-border team collaboration, talent development programs, and compliance with healthcare regulations in different countries.