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Financial Impact of Failed Assignments
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International SOS and KPMG highlighted the hefty financial toll of unsuccessful international work assignments, amounting to USD 1.25 million per failure. The report stresses the importance of preemptive measures to handle costs and enhance employee experiences by outlining cost breakdowns and proposing proactive health and travel risk management strategies.
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How do the identified cost components of failed international assignments compare across various industries?
In what ways could the findings of this report influence the policies and practices of multinational corporations?
What specific measures can companies adopt to proactively reduce the risk of unsuccessful international assignments?
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