International Business. Risk Management. Expatriate Advisory.
IBF Advisory llc
We partner with companies, business travelers, and faith-based groups, to deliver focused orientation sessions that are relevant, practical and reflect the realities of the international assignment life-cycle. The sessions are intended to facilitate greater awareness, better preparation and assignment readiness, and ideally, minimization or avoidance of failed assignment outcomes.
Repatriation &
Assignment Conclusion
* Repatriation
Challenges
* Repatriation Best
Practices
Given various tensions being experienced globally, expatriates and international business travelers should be mindful of the potential for unrest and obtain up-to-date country information prior to departure. Heightened vigilance is recommended while abroad. Travel to countries experiencing conflict, war, or dangerous ground security conditions should continue to be avoided. Personal security plans and survival measures should always be in place as country conditions can often deteriorate with little to no warning.
In-Country &
On Assignment
* Adaptation Process
* Work & Life
Related
Challenges
* Security
Pre-Departure
Research & Preparation
* Family Situation
* Compensation &
Contractual Aspects
* Training &
Development
* Immigration Process
Strong emphasis is placed on cross-cultural awareness during orientation, given its central role in the expatriate adaptation process and its link to failed outcomes. Management styles in different parts of the world are also influenced by cultural aspects, and our orientation sessions also highlight the importance of adjustment to management styles by expatriates, in order to be effective while in-country.
Given the high cost of expatriate assignments to companies, top performance and assignment excellence is the expectation. Expatriates face unique challenges while overseas, and inadequate preparation that translates into failed assignments or early repatriation is an unintended but often times common outcome. It is costly. Cultural mis-steps or oversights by unprepared expatriates are even more costly, especially when the outcome is failed international expansion strategy, or regulatory censure and fines.
Consequently, the people who implement the strategy and manage foreign country operations are integral to a company's international success. The unique knowledge, experience and insights that expatriates bring back to their companies is invaluable. Keeping their well-being at the forefront throughout the international assignment life-cycle, is considered best international human resources practices.