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Thanks to the increased emphasis on globalization and the continued emergence of multinational firms, the number of executives being transferred from their company's world headquarters to foreign markets is on the rise. A prominent 2013 study predicted that over the next 10 years, those assigned to international posts would increase by 50 percent as firms seek to improve their global strategy by having people in place to work with foreign partners, subsidiaries, and managers.
In turn, it’s been suggested that international experience is a must-have on the modern CEO’s resume. But according to a new study, accruing foreign know-how boosts executives’ careers only up to a point, and spending too much time working abroad may actually delay, rather than accelerate, an executive’s climb up the corporate ladder.
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