As we start the new year and enter a new decade, how will global mobility evolve?
1. Communication Styles
Technology offers connectivity and flexibility as never before. From faster connections thanks to 5G mobile networks to the power of augmented and virtual reality, location has never mattered less when it comes to business communication.
In virtual reality, a person is placed in a computer-generated environment. In augmented reality, computer-generated content is used in the real world, such as holograms for example. If you’re a fan of video conferencing, you’ll love this technology! If you’re managing internal assignments for your organisation, this trend can save money and offer alternative, realistic global locations.
2. Changing Family Dynamics
Families are binging increasingly diverse dynamics to international relocations. Relocate Global explains that: “Global mobility teams can ensure they are appealing to all by making sure the relocation programme is flexible and reflective of the modern family dynamic, specific to the relocating country, including:
· Single-parent employees
· Accompanying partners or adult dependents
· Spouse/partner re-employment
· Dual career families
· Single employees
· LGBTQ+ relationships
“By recognising and supporting employees’ varying needs in global mobility policies, it encourages them to accept assignment offers, which helps to ensure deserving talent does not experience barriers to success.”
3. Relocation Styles
Traditionally, international assignments have involved long-term duration – typically one to three years. Increasingly, shorter term assignments and frequent business travelling are preferred by global organisations, although it remains important to note expatriate and taxation implications. FIDI states: “Expect 2020 to have an equal weighting on shorter assignments, international commuting and lots of hybrids in between.”
4. Blockchain Technology
Blockchain is the technology that allows digital information to be distributed, but not copied. This security feature is increasingly important to global operations.
The data security offered by blockchain technology appeals to many sectors such as finance and healthcare. ComputerWorld’s Lucas Mearian writes: “Its promise to deliver a single version of data truth over a secure, distributed and immutable ledger remains compelling, and as it matures, many see it becoming a ubiquitous platform for financial services, ecommerce and other markets.”
The world of global assignments is always fast-moving and exciting,” says Louise Chilcott, Global Move Specialist with BTR International. “We are always fully prepared to help clients’ assignees to move to and settle in any location.”
Are you managing international assignments or relocating to a new role in a different country? Contact Louise via firstname.lastname@example.org or call +44 (0) 1582 495495 for an initial discussion without obligation.