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Path to International Success. Agenda Team Introduction Mission Statement Research Conducted Our Recommendations Questions and Answers.

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Presentation on theme: "Path to International Success. Agenda Team Introduction Mission Statement Research Conducted Our Recommendations Questions and Answers."— Presentation transcript:

1 Path to International Success

2 Agenda Team Introduction Mission Statement Research Conducted Our Recommendations Questions and Answers

3 Mission Statement Raytheon has a commitment to expand internationally through strategic recruiting and talent development – “As domestic budgets have tightened, Raytheon Co. is working to increase its foreign visibility...” (National Defense Magazine, NDIA.org) – The current international talent pipeline is not robust enough to meet the demand

4 Research was conducted through: – Interview with Dr. Mansour Javidan, Faculty at Thunderbird University’s School of Global Management – Midterm Review with Susan Lambert Raytheon Director Global Talent Development and Learning for Raytheon Business Development and RII – Weekly teleconferences with DC Foster Raytheon Manager of International Leadership Development Programs – Databases Business Source Complete Emerald – Websites Thunderbird.com StrengthsQuest.com RedTreeLeadership.com – Over ~20 Articles Harvard Business Review articles Articles published by PwC, Deloitte, KPMG and EY Research

5 The Different Generations We looked at the entire workforce in terms of generations – Silent Generation (1925-1942) – Baby Boom Generation (1943-1964) – Generation X - (1965-1976) – Generation Y - (1977-1994)

6 Why we need to send Gen Y oversees ? Age Employer Benefits Job flexibility and mobility Social Media integrated work environments Social Responsibility & Ethics

7 The characteristics of Gen Y Higher expectation of self Ongoing learning Immediate responsibility Goal-Oriented Challenging new environment Optimistic EmpoweredAmbitiousConfident Committed Source: Huntley, R. (2006). The world according to Y: Inside the new adult generation.

8 Recommendations We have 2 categories of recommendations: – Assessing current internal talent – Attracting future Raytheon talent

9 The Three Legged Stool Mansour Javidan, Mary Teagarden, and David Bowen. "Making It Overseas."

10 Sample Global Mindset Inventory Thunderbird.edu

11 Our Suggestions Short answer response vs. ratings – Ex. How would you react to someone offering you a bribe when working in a country where that is the cultural norm? – Gen. Y tends to excel more in a capacity where they can express themselves than in a rating system Managing Gen Y, RedTreeLeadership.com

12 Our Suggestions StrengthsQuest – 34 different strengths – Each person is assigned 5 – Targeted for international success Activator Adaptability Communication Positivity Woo https://www.strengthsquest.com/home/book.aspx

13 International Case Competition Modeled after PWC’s xTax Develops students Evaluates talent Gives experience Marketing Tool

14 Target Study Abroad Students Students that have traveled overseas for an internship or a study abroad program have experience Use as evaluation metric Sponsor a study abroad program

15 International Internship Modeled after KPMG’s international internship Competitive application process Marketing Tool Gives talent real-world international experience Demonstrate Raytheon's commitment to international assignments

16 Get the Word Out Handouts at high schools Get High School students and college students interested in Raytheon Have talented guest speakers come and speak to schools or upper level math classes MathMovesU Make sure Raytheon has presence at career fairs

17 Any Questions?


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