INSEAD LAUNCHES GLOBAL TALENT COMPETITIVENESS INDEX
(Thomson Reuters ONE) -
GLOBAL AND MOBILE: TALENT RESHAPES THE WORLD ECONOMY
SWITZERLAND AND SINGAPORE SHOWING THE WAY
INSEAD's Global Talent Competitiveness Index shows that
there are many ways to compete for talent
Fontainebleau (France), Singapore, Abu Dhabi, November 26, 2013 - The first
edition of the Global Talent Competitiveness Index (GTCI) was launched today by
INSEAD, based on research in partnership with the Human Capital Leadership
Institute of Singapore (HCLI) and Adecco. The Index, which measures a nation's
competitiveness based on the quality of talent it can produce, attract and
retain, placed Switzerland at the top of the ranking, followed by Singapore and
Denmark in second and third place respectively.
The purpose of the GTCI is to provide a neutral, global and respected index that
would enable private and public players to assess the effectiveness of talent-
related policies and practices, identify priorities for action in relevant areas
and inform international and local debates in the talent arena. The GTCI model
covers 103 countries, representing 86.3% of the world's population and 96.7% of
the world's GDP.
"There is a widespread mismatch between what companies need in terms of skills
and what local labour markets can offer. Educational institutions are under
pressure to supply the employable skills that the new global knowledge economy
demands. Obviously, these issues require a collaborative effort among
government, business, organised labour and global business schools such as
INSEAD. While the approach may not be uniform across various economic
environments, the provision of fact-based quantitative indicators such as the
GTCI can help identify options and facilitate action." commented Ilian Mihov,
Dean of INSEAD.
The GTCI framework considers how each country scores against six pillars -
Enablers, Attract, Grow, Retain, Labour and Vocational Skills (LV) and Global
Knowledge Skills (GK) - populated by 48 variables. This allows a broad
combination of data measuring how a country grows, attracts and retains talent,
going from government policy and quality of education to sustainability or
lifestyle for example.
Bruno Lanvin, Executive Director for Global Indices at INSEAD, and co-author of
the report stressed that "Talent attractiveness is becoming the true currency by
which countries, regions and cities compete with each other. Youth unemployment
has become a core issue in all types of countries, rich or poor, industrialised
or emerging: over 50% of people younger than 25 are unemployed in Southern
Europe, while more than 50% of the population of many African countries is less
than 18 years of age. The mere confrontation of these two figures gives an idea
of the tensions, flows, and challenges that lie ahead."
European countries dominate the 2013 rankings
The GTCI ranking is heavily dominated by European countries. The top ten include
only two non-European countries, namely Singapore (2) and the United States (9).
Within Europe, it is mostly the northern part of the continent that appears as
most 'talent competitive'. The top-ranked nations all have many aspects in
common, including a long-standing commitment to quality education (UK,
Switzerland, Finland, Sweden), history of immigration (US, Australia) and a
clear strategy to grow and attract the best and brightest (Singapore).
---------------------------------------------
Top Ten 2013 Rankings and Scores - Global
---------------------------------------------
1 Switzerland 6 Netherlands
2 Singapore 7 UK
3 Denmark 8 Finland
4 Sweden 9 US
5 Luxembourg 10 Iceland
---------------------------------------------
First-placed Switzerland excelled in almost all variables, its least convincing
performance being on the Attract pillar (18). It also ranked first on both LV
and GK pillars. Denmark outdid its Nordic neighbours by excelling in variables
such as voicing concern to officials paired with high government effectiveness.
Additionally, Denmark has better labour market flexibility and social protection
than its neighbours in Northern Europe, which allowed it to achieve third place
in the ranking.
Paul Evans, The Shell Chaired Professor of Human Resources and Organisational
Development, Emeritus, at INSEAD, and co-editor of the report noted, "There are
differences among the 103 countries covered by this first edition of the GTCI:
rich countries need more global knowledge skills to foster innovation and a job-
rich recovery; developing countries still need the labour and vocational skills
required to build infrastructure, health and education systems. But all of them
have to build better environments to grow, attract and retain the skills and
talents they need."
A tool to learn and grow
"Nations, particularly those looking to enhance their talent capabilities,
cannot take just one variable and concentrate on improving that particular
field," states Kwan Chee Wei, CEO of the Human Capital Leadership Institute
(HCLI). "Rather, they should take a holistic approach to establish a talent eco-
system of government, business and education to address the multifaceted
challenges of employability."
For employers and policy-makers alike, the results provide a timely insight into
the global pools of talent and what drives competitiveness in this area. For
governments, adopting the right talent policies can be critically important to
attracting the global companies that can contribute to job creation, train local
employees and spur further development.
Patrick De Maeseneire, CEO of Adecco Group, said, "Talent has become the key
resource of our global economy. The talent champions foster and develop locally
available talent by making their labour markets more flexible, by investing in
lifelong learning and by promoting geographical mobility. Governments and
companies need to work closer together to build labour markets where education
systems create the right skills to match employers' needs."
The GTCI model and rankings rely on a variety of reliable international sources
including the United Nations Educational, Scientific and Cultural Organization
(UNESCO), the World Bank, and the World Intellectual Property Organization
(WIPO). Furthermore, the GTCI model has passed the test of a rigorous audit by
the Joint Research Centre (JRC) of the European Commission.
For more information on the Global Talent Competitiveness Index, please visit:
http://global-indices.insead.edu/gtci
Follow twitter: #GTCIndex for updates.
YouTube Video: http://bit.ly/GTCIndex
###
About INSEAD, The Business School for the World
As one of the world's leading and largest graduate business schools, INSEAD
brings together people, cultures and ideas to change lives and to transform
organisations. A global perspective and cultural diversity are reflected in all
aspects of our research and teaching.
With campuses in Europe (France), Asia (Singapore) and Abu Dhabi, INSEAD's
business education and research spans three continents. Our 146 renowned Faculty
members from 34 countries inspire more than 1,300 degree participants annually
in our MBA, Executive MBA, specialised master's degrees (Master in Finance,
Executive Master in Consulting and Coaching for Change) and PhD programmes. In
addition, more than 12,000 executives participate in INSEAD's executive
education programmes each year.
In addition to INSEAD's programmes on our three campuses, INSEAD participates
in academic partnerships with the Wharton School of the University of
Pennsylvania (Philadelphia & San Francisco); the Kellogg School of Management at
Northwestern University near Chicago, and Johns Hopkins University/SAIS in
Washington DC. In Asia, INSEAD partners with Tsinghua University in Beijing and
with CEIBS. INSEAD is a founding member in the multidisciplinary Sorbonne
University created in 2012, and also partners with Fundação Dom Cabral in
Brazil.
INSEAD became a pioneer of international business education with the graduation
of the first MBA class on the Fontainebleau campus in Europe in 1960. In 2000,
INSEAD opened its Asia campus in Singapore. And in 2007 the school began an
association in the Middle East, officially opening the Abu Dhabi campus in 2010.
Around the world and over the decades, INSEAD continues to conduct cutting edge
research and to innovate across all our programmes to provide business leaders
with the knowledge and sensitivity to operate anywhere. These core values have
enabled us to become truly "The Business School for the World."
More information about INSEAD can be found at http://www.insead.edu
About Human Capital Leadership Institute
Human Capital Leadership Institute (HCLI) seeks to help organisations accelerate
human capital and leadership development in Asia. We do this by driving Pan-
Asian research, creating cutting edge executive development programmes and
fostering rich networks between leaders in business, government, academia and
consulting.
HCLI is a strategic alliance between the Singapore Ministry of Manpower (MOM),
Singapore Economic Development Board (EDB) and Singapore Management University
(SMU)
For more information, please visit www.hcli.org
About the Adecco Group
The Adecco Group, based in Zurich, Switzerland, is the world's leading provider
of HR solutions. With over 31,000 FTE employees and around 5,100 branches, in
over 60 countries and territories around the world, Adecco Group offers a wide
variety of services, connecting more than 650,000 associates with over 100,000
clients every day. The services offered fall into the broad categories of
temporary staffing, permanent placement, career transition and talent
development, as well as outsourcing and consulting. The Adecco Group is a
Fortune Global 500 company.
Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) and listed on the
SIX Swiss Exchange (ADEN).
INSEAD Press Contacts: Human Capital Adecco Group Press
Sophie Badré Leadership Institute Contacts:
Tel +33 (0)1 60 72 45 26, Press Contacts: Adecco Group Press Office
Mobile: +33 (0)6 86 07 33 75 Phan Ching Chong Tel +41 44 878 87 87
sophie.badre(at)insead.edu Head, Marketing & press.office(at)adecco.com
INSEAD Europe campus Communications
Boulevard de Constance Tel +65 6872 9840
77305 Fontainebleau Cedex, ccphan(at)hcli.org
France
Tel: +33 (0)1 60 72 40 00
Fax: +33 (0)1 60 74 55 13
Julia Irrgang
Tel +33(0)1 60 72 93 34
julia.irrgang(at)insead.edu
INSEAD Asia campus
1 Ayer Rajah Avenue,
Singapore 138676
Tel: +65 6799 5388
Fax: +65 6799 5399
Aileen Huang
Tel +65 6799 5552
aileen.huang(at)insead.edu
INSEAD Abu Dhabi campus
Muroor Road - Street No. 4,
P.O. Box 48049
Abu Dhabi UAE
Tel: +971 2 651 5200
Fax: +971 2 443 9428
Joe Chedid
Tel +971 2 651 5329
joe.chedid(at)insead.edu
INSEAD GTCI 2013:
http://hugin.info/157052/R/1745606/587500.pdf
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[HUG#1745606]
Unternehmensinformation / Kurzprofil:
Datum: 26.11.2013 - 03:00 Uhr
Sprache: Deutsch
News-ID 320236
Anzahl Zeichen: 13570
contact information:
Town:
Fontainebleau
Kategorie:
Business News
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