The Global Phoenix - Issue 3 August 2017 | Page 2

EDITOR’S LETTER Welcome to Issue 3 of The Global Phoenix! The Conscious Capitalism movement is growing in momentum and popularity. In Industry Features we examine the concept and learn about its application within our industry association, EuRA (European Relocation Association). Tad Zurlinden, CEO of EuRA, shares his case study for MIM Fellow qualification, in which he takes an in- depth look at The Conscious Capitalism Movement and its Integration into EuRA. The internet has opened up a wealth of information on every imaginable topic. At the touch of the keyboard and with the help of a search engine it seems that anyone can become a self-proclaimed expert on any subject. However, the world wide web has also been a tool for propaganda and misinformation of all types. When budgeting for international assignments how can a corporation avoid falling foul of online misrepresentation? How can a global mobility professional or corporate HR discern between real data and and the inflated prices of local suppliers hoping for quick gain? We examine the pitfalls and challenges involved in various data-collection methods and discuss accurate data-collection and analysis for realistic budget setting: Meeting the Data Supply Challenge. Our Global Focus is on the third area within EMEA - The Middle East, a region presently undergoing tumultuous changes in intra-country relationships. Kent O’Neil of Pro-Link Global presents An Overview of the Middle East: International Business and Corporate Mobility. We also have A Brief Introduction to the GCC and History of the UAE and turn the spotlight on the UAE, with Santa Fe Relocation; Egypt with Mona Radwan of Global Relocation Consultants and Israel with Mark Kedem of EY. In line with conscious capitalism, in which not only the bottom line but also the well-being of all business stakeholders is paramount, we start a series of articles in our Promoting Excellence section, that examines various aspects of family support, Addressing the Needs of the Accompanying Family. Any international relocation entails significant investment in the process of candidate selection and training, establishing a realistic comp and benefits package and the actual relocation process itself. This is especially true for hardship assignments. In order to ensure ROI, and at the same time apply the principles of conscious capitalism, the needs of ALL members of the transferring family unit must be addressed. In most hardship assignments, immigration restrictions still prohibit the accompanying spouse from working locally which further complicates the challenge. At the end of the day it is usually the collaboration of the accompanying partner that dictates if the family is settled enough to remain in the host country assignment, and it is the responsibility of the global mobility service provider to supply sufficient support in this area. In this issue we present the first article of the 4-part series: Addressing the Needs of the Accompanying Family. Johanna Mitchell of Lumus Education examines the subject of child education in The Education Dimension wherein she compares education systems and cultures globally. In forthcoming issues we will address the subject of working and non-working spouses and will look at supporting families with children throughout the relocation process. We complete our 2-part series on Developing the Art of Public Speaking with Marco Lorenzini who explains how to present a polished product in Effective Delivery. We are sure you will enjoy this Summer editon of The Global Phoenix! Page 2 www.theglobalphoenix.org SARAH L ANGMEAD EDITOR, FOUNDER