Factors to Consider When Scaling to a Global Workforce

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As Davis Nordell, technology senior analyst with RSM US LLP, writes, "The globalized economy and the possibilities of remote work mean companies are considering building international workforces. But you need to plan carefully for any international expansion.

Despite the current problems plaguing supply chains, tech companies — especially those outside of the hardware sector — have limited exposure to or concern for supply chain risk. This insulation can make a rapid global expansion all the more attractive to early and mid-stage technology companies that may not yet have a significant international presence. 

Without a thorough understanding of the risks, logistical and compliance needs, and cultural considerations required to maintain a cohesive business structure in a variety of international markets, however, organizations will set themselves up for failure.  Again, plan early and carefully, to avoid hiccups.

Do Not Expect the Demise of a Globalized Economy

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Retreat, not defeat:  What Ukraine war means for globalization.

But many others caution that while an era of globalization already in retreat is likely to retreat further as a result of the war, no one should expect the full demise of the globalized economy or the international liberal order that fostered it.

Flipping It to an International Platform

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Chicago-based Atlas has emerged in the vanguard of a different kind of PEO. Together with a dozen or so rivals such as G-P and Velocity Global, Atlas has taken the domestic service model and flipped it to an international platform.

For corporate clients—most of them small and medium in size and privately-owned—Atlas can expedite the new world of work, a high priority in an increasingly globalized economy. 

Much of Atlas's growth is fed by the success of recent globalization strategies, which indicate on average, a company sending a single employee to a new post expands to five people within a year. 

Learn more about a way for even the smallest of companies to expand abroad.

Thinking of Abandoning Globalization? Reconsider.

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The coronavirus pandemic exposed the vulnerability of our global supply chains, interrupting the flow of critical imports into the U.S., and triggering calls for American multinationals to reshore production.

Coming on the heels of the trade war and Washington’s push to de-couple economically from China, this has brought widespread predictions of deglobalization. The U.S. Special Trade Representative even wrote a recent op-ed calling for the end of offshoring.

Ultimately, we will see changes in the way the global economy works.  According to Thomas Hout for HBR, "the fundamentals of our globalized economy — and China’s role within it — will not change."  Here are the four reasons why in his article: Abandoning Globalization Will Only Hurt U.S. Businesses.