Across the world, we face the paradox of widespread unemployment while millions of vacancies remain unfilled given the lack of requisite skills. It is essential for countries to combat this mismatch, and improve talent competitiveness to drive growth and prosperity.
Launched for the first time in 2013, the Global Talent Competitiveness Index (GTCI) explores how countries can overcome such talent mismatches and thereby improve talent competitiveness. Key solutions include more effective policies in education to provide the right technical and people skills andgreater connectedness. Active employment policies that combine social protection and flexibility are also key to foster entrepreneurship. At an individual level, a willingness to commit to lifelong learning is crucial.
The GTCI demonstrates that talent competitiveness is highest where there are strong ecosystems, like regions and cities, due to factors including: greater flexibility; financial independence; independent branding opportunities and links between key stakeholders in business and government. The partners decided to launch the Global Cities Talent Competiveness Index (GCTCI) in 2017 to further explore the specific dynamics behind successful cities. The first edition includes 46 cities of different sizes, representing a mix of national capitals, regional centres as well as up-and-comers in the talent competitiveness space.
The GTCI combines the academic research and expertise of INSEAD, the international business school, and Singapore’s Human Capital Leadership Institute (HCLI) with the business experience and perspective of The Adecco Group, the world leader in workforce solutions.
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 INSEAD’s research and teaching. With campuses in Europe (France), Asia (Singapore) and the Middle East, INSEAD’s business education and research spans three continents. Its 145 renowned faculty members from 40 countries inspire more than 1,400 degree participants annually in 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 11,000 executives participate in INSEAD’s executive education programmes each year.
On top of INSEAD’s programmes on 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; the Johns Hopkins University/SAIS in Washington DC and the Teachers College at Columbia University in New York; and MIT Sloan School of Management in Cambridge, Massachusetts. In Asia, INSEAD partners with the School of Economics and Management at Tsinghua University in Beijing and the China Europe International Business School (CEIBS) in Shanghai. INSEAD is a founding member in the multidisciplinary Sorbonne University created in 2012, and 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 programmes to provide business leaders with the knowledge and sensitivity to operate anywhere. These core values have enabled INSEAD to become truly “The Business School for the World”.
INSEAD’s MBA programme is ranked #1 by the Financial Times in 2016. More information about INSEAD can be found at www.insead.edu
THE ADECCO GROUP
The Adecco Group, based in Zurich, Switzerland, is the world’s leading provider of workforce solutions. With more than 33,000 FTE employees and around 5,100 branches in 60 countries and territories around the world, The Adecco Group offers a wide variety of services, connecting around 700,000 associates with its 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.
Through the everyday passionate commitment of The Adecco Group people and global projects such as Adecco Way to Work®, the Athlete Career Programme and the Global Talent Competitiveness Index, The Adecco Group inspires individuals and organisations to work more effectively and efficiently. It creates greater choice in the domain of work, for the benefit of all concerned.
As the global leader in workforce solutions, The Adecco Group is aware that traditional patterns of employment will continue to evolve in the years to come. The Adecco Group therefore encourages present and future generations to see change as opportunity and to accept tomorrow’s challenges with confidence, joining the Company in shaping the future of the workplace.
The Adecco Group is a Fortune Global 500 company. Adecco A.G. is registered in Switzerland and listed on the SIX Swiss Exchange. For more information, please visit www.adecco.com
The Human Capital Leadership Institute (HCLI) is an aggregator and neutral player in the human capital ecosystem. HCLI offers the unique ability to bring together multiple perspectives and voices from business, government and academia, offering thought leadership and insights on understanding Asia, successfully doing business in Asia and its implications on leadership and human capital strategies for Asia. Through its efforts, the Institute aims to develop global leaders with a strong understanding of leading in Asia, as well as to build Asian leaders with the ability to lead on the global stage.
HCLI is a strategic alliance between the Singapore Ministry of Manpower (MOM), Singapore Economic Development Board (EDB) and Singapore Management University (SMU). Find out more about HCLI on their website at www.hcli.org