Global-Spin News

The 2018 Global Talent Competitiveness Index is now Available

The 2018 Global Talent Competitiveness Index is now Available
Wednesday, 10 October 2018

Part of the Global-Spin Project is dedicated to recruitment and retention of talent in an international marketplace. As mentioned in a previous post, we can see that professionals are willing to move around the world to find the job of their dreams. However, finding this talent is something that takes work, starting with knowing where to look. The Global Talent Competitiveness Index is an annual report that looks to measure how talent in different countries compete on a global level.  [1]

In the 2018 edition (the Index was launched in 2013), the main theme is Diversity for Competitiveness based on the theory that, when talking about innovation and high performance in the workplace, diverse teams are more successful than individual talent [1]. In the Index, 119 economies are featured. The goal is to show the importance of multicultural societies and organisations in business success while accepting the difficulties that come with trying to create this kind of environment.  [2]

This global talent pool is disperse around the world, and now it is possible to see where to search for employees, but access to the best professionals in different fields isn’t as simple as just identifying them. This talent is also looking for the best opportunities, comparing offers from entities around the world. It is important that employers and business managers are aware of the fact that diverse teams take time to create and develop. However, without this investment, leaders are risking the possibility that global talent is swept up by competitors. [3]

Stay tuned for the Global-Spin Platform for more information on how to create this environment!

[1] https://www.insead.edu/global-indices/gtci
[2] https://www.insead.edu/sites/default/files/assets/dept/globalindices/docs/GTCI-2018-report.pdf
[3] https://www.communicaid.com/cross-cultural-training/blog/importance-recruiting-retaining-global-talent