The world is shrinking into a "global village." We are reaching a stage when we will stop referring to business issues as global or country specific. As multinational companies integrate the world into one large economic biome, a globally mobile workforce is vital for such worldwide incorporations to be feasible. Educational institutions providing global education have further worked as a catalyst for creating such workforce who can make this nexus possible. Multinational companies are today recruiting the best of talents across the national divide to maintain their corporate edge. Skill sets have become more important than the traditional inclination on judging people from the institutions they studied from.

Indians fast becoming the best choice for Globally Mobile Workforce

Indians have made a strong contribution to this global workforce movement. Interestingly, successful Indian emigrants both as entrepreneurs and working class show a clear distinction that the colleges they studied from hardly have any impact on their careers. Recently global mobility has shifted from sectors like IT and academics to diverse industries like hospitality, advertising, banking, services, and real estates. Avinash Gupta, Executive Chef at Ritz Carlton, United Kingdom says, "Studying from College of Hospitality and Tourism never acted as a deterrent in my profession, instead I have been able to secure this job only on the basis of my skills that I acquired during my college days. People here do not look at the institute you studied from; they see your skill and nothing will stop you from making it big if you have the right aptitude towards your profession." Recently more and more Indians are making it big in foreign lands.

Reason to rejoice: Outsourcing

Global workforce mobility is a rising phenomenon, more so due to the rapidly increasing costs of doing business. Efforts for reducing costs have prompted companies to relocate their operations to more cost-effective areas. Such business movement also has acted as a boon to globally mobile workforce. As an impact of globalization, many international organizations have started sourcing resource and capital from across the globe. We have seen much liberalization in immigration policies across the developed economies of the world like US and many European countries including UK, France etc. This is only another example of how global societies are accepting mobility of workforce.

Talent Migration

Talent migration is a strong feature of global mobility. Migration decisions are always categorized by push and pull factors. Factors that make a person leave the place of birth are called push factors while factors that make him/her come to the destination are known as pull factors. Push and pull factors are somewhat like two sides of the same coin. We have generally seen psychological and socio-economic factors acting as a stimulus for migration. These ideologies have gained more significance in recent times as developed nations have started liberalizing their migration policy the world over due to the twin impact of fierce competition and aging native workforce. Migration has recently seen a new development. Many people have started migrating from developed nations to developing nations as an effect of outsourcing. More people today are taking part in this global reshuffle. Global workforce mobility has recently become a vital symptom of faster economic growth of the developing and developed economies as well.

As more and more people are leaving their native places for better prospects both inside and outside their country, business economies world over are evolving themselves to welcome talent across cultural and traditional barriers. In the coming decade, it is being predicted that many countries like US, Europe, Middle East, Japan and other developed Asian economies may have a severe labor shortage. It is evident that global mobility is vital to counter such shortcoming. Westernization has only helped encourage global mobility. Globalization is the future of worldwide prosperity; we need to nurture current generations towards such changing times. Educational systems need to be developed where skill enhancement is the epitome of a wholesome learning. We have the right numbers, now we need the appropriate skills that could make India the next super power. Although there are many factors that need attention, global mobility is necessary for societal upliftment and growth. We need to nourish this extremely encouraging future ahead with better education and infrastructure to make a significant contribution to the world.