Diversity And Globalization

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THE IMPACT OF GLOBALIZATION ON EXPATRIATE, REPATRIATION AND THE ORGANIZATION

EXECUTIVE SUMMARY

In exploring for continuous growth and improvement, multinational firms mostly introduce innovations to the workforce. In the pursuit of innovations, multinational firms have to respect the diverse expectations of customers and vendors around the globe. Firms form innovation projects organized on the basis of cross-cultural teams among related companies internationally. These consist of team members from diverse national and cultural backgrounds under the universe. The diverse team members can supply knowledge of international markets, specific technologies, transfer of knowledge and technology and their styles, which depend on their personal background and lifestyle. Even though diversity of global teams provides for new ideas and improved understanding for markets segments and technologies, it may suffer from diverse cultural values of their international members.

Today, the workforce diversity has become a reality whereby the impact of globalization has affected the expatriate and repatriation as well as the organization largely. It varies with the type of environment and firm’s overall strategy and workforce diversity. Workforce diversity refers to the existence of people from various social-cultural backgrounds within the company. It can include cultural factors such as race, gender, age, colour, physical ability, ethnicity, people etc. (Kundu and Turan, 1989). Diversity
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