At firms heading towards a merger, acquisition, or divestment, executives tend to maintain a laser-like focus on the deal itself: What is the share price? What are the terms?
If your business must establish or maintain a presence in China, this represents a new HR challenge. You may be able to head off the challenge altogether if you have the flexibility to place employees in Shanghai or another alternative to Beijing. It’s a pivot that could lead to significant savings on benefits and leave you with happier employees.
Lexington biotech Shire plc, which turned away three previous buyout bids from AbbVie Inc., acknowledged Monday its executives were engaged in takeover talks after the drug maker sweetened its offer by $2.6 billion to $53.6 billion.
An international expansion has a lot of moving parts to it, but the heart of any organization is its people, so they should always remain a priority when expanding overseas. That means it will be vital to understand the benefits implications of any move abroad, both for the workers you'll be hiring in new markets and for the existing employees you'll be sending out from HQ.
Narendra Modi, India's newly elected prime minister, is experiencing a moment reminiscent of the early days of Barack Obama's presidency, some watchers of Indian politics say. There is a general feeling of optimism that Modi can get things done despite a slow, choked bureaucracy and improve the country's economic fortune.