Headhunting Goes Cross-Cultural

For global companies, finding executives who have knowledge of markets outside their own is increasingly important

A 2007 Whirlpool (WHR) 10-K filing with the Securities & Exchange Commission confirms what the world's most influential executive recruiters (BusinessWeek.com, 8/2/04) have been reporting with increasing frequency and emphasis. The first line of the company's description of corporate risk factors states: "Our ability to attract, develop, and retain executives and other qualified employees is crucial to our results of operations and future growth."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.