The Adecco Group has once again partnered with INSEAD and the Human Capital Leadership Institute to produce the Global Talent Competitiveness Index (GTCI) — an annual benchmarking report that ranks 118 countries according to their ability to grow, attract and retain talent.
Launched for the first time in 2013, The GTCI provides a tool-kit for governments, businesses, organizations and personnel throughout the world to prepare them for the future of work. Its wealth of data and analysis is intended to help countries overcome talent mismatches and be competitive in the global marketplace.
Why is talent so important?
Talent has become the ‘currency’ of the global labour market and therefore something that decision makers in business, policy and academia need to understand in depth.
Talent is increasingly becoming the subject of intense debate, and these arguments are not simply about skills shortages. Talent competitiveness lies at the heart of important societal issues, such as unemployment, immigration, education and economic growth — whether in the context of restoring post-crisis prosperity, creating jobs for the young, maintaining momentum in high-growth economies or lifting entire nations out of poverty.
The global workforce must recognize the skills they will need for the future, governments must understand how they can secure the right to work for their citizen and countries need to ensure they remain competitive in the global economy.
What global talent trends have emerged?
The 2017 study focuses on how technology is affecting talent competitiveness and the nature of work, exploring both significant challenges and opportunities, and important shifts away from traditional working approaches.