Many multinational hotel companies prefer to groom or hire local executives for key leadership roles, but they still need to deploy senior executives from other countries for a variety of reasons: There will be scenarios when highly specific expertise is needed, for instance. Other times, there may be a shortage of local talent with the requisite management experience, or a CEO and board may want to develop senior leaders who demonstrate global perspective and a capability for leading across cultures by appointing them to foreign leadership roles. For the leader who is tapped for a cross-border assignment, it is a significant move, both personally and professionally.
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