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      "text": "For instance, democratization of talent has boomed in both LATAM and APAC since 2020, when talent shortages pushed multinational companies to look outside their traditional boundaries and tap into these regions for highly skilled workers.",
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      "text": "Companies must explore new ways to reduce the mismatch between supply and demand in their future workforce. Beyond rescaling what routine work they allocate to centralized talent hubs, they also should create a variety of smaller, specialized teams in developing markets. A future-fit talent supply calls for more fluidity in where and how work is allocated so that companies can serve changing regional or global customers more responsively. For instance, democratization of talent has boomed in both LATAM and APAC since 2020, when talent shortages pushed multinational companies to look outside their traditional boundaries and tap into these regions for highly skilled workers. Businesses had to explore new ways of hiring, such as full-virtual screenings of cross-industry hires, as well as more methods to compensate new fleets of foreign workers. To successfully take work to new places with less familiar talent pools, multinational companies will need to consider what screening criteria truly matters. Restrictive requirements may cause many candidates to rule themselves out.",
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