Establishing a Global R&D Center for a Multinational Company
Jul 27
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Embark on a journey through the inspiring success story of establishing a high-performing Development Office, where dedication, innovation, and strategic planning converged to achieve remarkable outcomes.
1. Overview of Key Points
Client: Leading Multinational Company
Industry: Technology / R&D
Services Provided: Location Identification, Office Setup, Regulatory Compliance, Talent Acquisition, HR Program Development
Outcome: Successfully established a new development office with 75 highly skilled employees within a year
2. Client Background
A distinguished multinational corporation with a robust global presence.
Specialization in research and development (R&D) to support its global product divisions.
Challenges Faced:
Necessity for a new development office in a different country.
Requirement for high-quality facilities for expatriates and local staff.
Understanding of regulatory landscape and compliance prerequisites.
Importance of attracting top talent for the R&D center.
3. Goals
Identify the most suitable location for the new development office.
Establish office space with premium facilities.
Ensure compliance with regulations and recruit skilled personnel.
Develop a comprehensive HR program to engage, recruit, and retain top talent.
Identify functions for outsourcing to enhance cost-effectiveness.
4. Methodology
Needs Assessment:
Evaluated company needs for location, facilities, and talent.
Recognized the necessity for top facilities for both expatriates and local staff.
Location Selection:
Chose a location with convenient access and minimal commute times.
Ensured the location had a wealth of talent and appeal to attract candidates nationwide.
Regulatory Compliance and Talent Acquisition:
Conducted thorough research on regulatory requirements and compliance.
Identified skilled professionals for financial, administrative, and compliance roles.
HR Program Development:
Designed a comprehensive HR program to attract, hire, and retain talent.
Formulated policies in line with company standards and employee needs.
Outsourcing Strategy:
Identified functions for outsourcing to maintain initial costs at a minimum.
5. Solutions Offered
Location and Office Setup:
Identified and secured optimal office space.
Ensured facilities met high standards for expatriates and local staff.
Regulatory and Compliance Assistance:
Provided expertise in navigating regulatory requirements.
Recruited skilled professionals for compliance roles.
Talent Acquisition and HR Program:
Recruited and hired 75 employees from top institutions within a year.
Developed HR policies tailored to company and employee requirements.
Outsourcing Strategy:
Identified and implemented outsourcing solutions to reduce costs.
6. Results Achieved
Quantitative Outcomes:
Established a fully functional development office with over 75 employees within a year.
Qualitative Outcomes:
Acquired top talent from prestigious institutions.
Ensured compliance with all regulatory requirements.
Created a positive work environment with top-notch facilities.
Attained cost efficiency through strategic outsourcing.
7. Client Testimonial
"OptivaAI’s expertise in location identification, regulatory compliance, and talent acquisition was essential in establishing our new development office. Their holistic approach ensured a seamless setup and successful launch." - [Client's CEO]
8. Conclusion:
OptivaAI’s strategic approach facilitated the multinational company in establishing a new development office with premium facilities, regulatory compliance, and top talent within one year.