Colgate-Palmolive Promotion Policy
C-P International Promotion
Colgate-Palmolive (C-P) has built vast global market share based on international deployment for the highest executives. This practice has had costs and benefits, but global environmental conditions, including technology, regulation of international flow of goods and capital, and quality of available human resource factors like education and professional development continue to evolve. At the same time, human cultural definitions of family, career and nationality change at different rates in different places where C-P values existing or potential competitive advantage. Therefore both the firm and potential executive employees will have to adapt to the complex multinational factors shaping requirements for promotion. Not all markets or potential employees are identical, and promotion policy and the candidates themselves will have to remain flexible as global conditions continue to evolve.
Strengths and weaknesses of Colgate-Palmolive's International Assignment Policy
The Colgate-Palmolive International Assignment Policy has strengths and weaknesses for both employees and the firm, but overall seems limited by a focus on tradition that may restrict competitive advantage as the world changes around it. Strengths of the expatriate executive policy for the corporation include diversity of cross-training for senior management and extensive pools of talent ready for deployment in new or existing areas of expansion. This has and should continue to ensure consistent leadership resources in times of executive transition. Weaknesses for the firm include high cost, growing dissatisfaction with international transfer due to family considerations like spousal career building or continuity of children's education and medical options. These complications reduce performance by generating unnecessary recruitment, training and frictional cost for benefits that may be available under different policy for less. The firm demonstrates leadership supporting expatriate executives, in compensation and noneconomic benefits for international executives, but cultural change drives the need to adapt beyond requiring international assignment for all senior management at the same time increasing global integration may require growing multicultural diversity. The increasing supply of potential talent in target markets presents opportunities to train indigenous...
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