In Hiring, Europeans go Global

Carrefour, a big French retailer, has Jose Luis Duran, a Spaniard, as its chief executive. Unilever, an English-Dutch multinational firm, named a Frenchman as chief executive in 2005. Also, the Gucci Group, a leading Italian fashion-relation manufacturer, owned by the French Pinault family, has a Dutchman as chief executive. This kind of trend where a firm from one country is run by a chief executive from a different country is not uncommon in Europe. “In Europe’s largest economies, the national stock exchange is looking more international. In Britain, for example, 34 of the 100 companies on the FTSE 100 index now have chief executives who are not British. While a decade ago, the list would have included many executives from English-speaking nations like the United States, Australia or Ireland, now in addition to 15 Americans, there are three Frenchmen, a Swede, a Spaniard, an Indian and a Kazak — Yong Keu Cha, the 50-year-old chief executive of Kazakhmys, a mining company.” (New York Times, June 4 2008)

I strongly believe that what many big economies in Europe are doing is a terrific idea. We can easily say that globalization is the key factor not only in business but also in many fields between nations. In order to grow and succeed, learning and gaining knowledge from other countries is very important. It is because people from different countries could have various ideas derived from their individual culture that could sometimes be very creative. Every nation and individual has something to learn from other countries and people, regardless of race and sex. In a world where nations are inter-related, helping and learning from one another is the only and sole factor of success.

Source: Tagliabue, In hiring, Europeans go Global, The New York Times, June 4, 2008.
http://www.nytimes.com/2008/06/04/business/worldbusiness/04execs.html?pagewanted=1&ref=business


Studetn ID#: 20400542 - Entry #13