Cross Atlantic Relocation Services (CARS)
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Failed relocations represent a huge liability for all companies engaged in transatlantic business. Nearly 40% of expatriate relocations either fail or are poorly executed: transatlantic relocations have a particularly high failure record. Because BritishAmerican Business plays a central role in transatlantic business and can draw on the expertise of its member companies, it is ideally placed to help companies ensure that people, a company’s biggest asset, are trained to adapt quickly and successfully when the relocation is made. When assignees and their families adapt well, companies are more successful. What benefits will you, your company and assignees get from BritishAmerican Business Cross Cultural Training? - Nearly 40% of expatriate assignments either fail or are poorly executed. Effective cross-cultural training brings this failure rate to just over 5%. Good employees will perform better and are far less likely to leave the organization
- A failed overseas assignment can easily cost your company upwards of $1 million. In addition, deals may not happen and sales may not be made – extra costs that are often forgotten
- Assignees will be helped to become adept and to achieve the same standards of performance as they achieved at home. This will save on-going training costs
- “Connections” have some importance in most business roles. Assignees making and using the available connections effectively will bring more value to their companies
- Your competition is providing cross-cultural training to their people. The inclusion of such training will further improve your profile as a forward-looking employer
- Employees want to be successful. The provision of training helps to ensure that they enjoy success, not mere survival, in the new environment
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