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Global Recruiting _Talent Mobility 2020


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Global Recruiting _Talent Mobility 2020

  1. 1. Talent Mobility 2020 Global Trends Impacting the Future of Recruiting
  2. 2. <ul><li>“… for organisations to be successful in the coming decade, a radical rethink of policy and processes may be required.” </li></ul><ul><li>from PricewaterhouseCoopers </li></ul>
  3. 3. Some Facts to Consider <ul><li>97% of CEOs see talent as the most critical factor for growth </li></ul><ul><li>Emerging market growth is outpacing the western developed world </li></ul><ul><li>Of the 30 most populated cities in the world in 1950, only 19 remain, and 11 new cities have emerged. </li></ul><ul><li>Top 10 in 2025: </li></ul><ul><ul><li>Tokyo </li></ul></ul><ul><ul><li>Mumbai </li></ul></ul><ul><ul><li>Delhi </li></ul></ul><ul><ul><li>Dhaka - Bangladesh </li></ul></ul><ul><ul><li>Sao Paulo </li></ul></ul><ul><ul><li>Mexico City </li></ul></ul><ul><ul><li>New York </li></ul></ul><ul><ul><li>Kolkata - India </li></ul></ul><ul><ul><li>Shanghai </li></ul></ul><ul><ul><li>Karachi - Pakistan </li></ul></ul><ul><ul><li>Note: LA (17) and Chicago (28) </li></ul></ul>
  4. 4. Globalization Trends <ul><li>Shortages of Critical Skills </li></ul><ul><ul><ul><ul><li>Engineering, Scientists, Chemists, IT, Health, for example </li></ul></ul></ul></ul><ul><li>Mobility and Openness </li></ul><ul><ul><ul><ul><li>Rapid and open Communication – Skype, Internet, etc. </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Cheap and convenient travel </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Few closed societies. China is now within reach. </li></ul></ul></ul></ul><ul><li>Companies have Global Structures/Brands </li></ul><ul><ul><ul><ul><li>Toyota, Coca-Cola, Starbucks, IBM, Nokia, Google, GE, Microsoft, HSBC, Sony, UBS, Siemens, AXA </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Accenture has 2000 back office workers in the Philippines </li></ul></ul></ul></ul><ul><ul><ul><ul><li>GE has 29,000 R&D and IT support workers in India </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Intel has 5000 in chip design in India </li></ul></ul></ul></ul>
  5. 5. Implications for Recruiting <ul><li>Talent shortages will be severe in the years ahead particularly in technology, healthcare, accounting/finance, engineering and science. </li></ul><ul><li>Work can be done anywhere, anytime, in many ways. </li></ul><ul><li>Global connections will be required. </li></ul><ul><li>Sophisticated, virtual and global candidate sourcing will be expected. </li></ul>
  6. 6. Recruiting 19?? to 2010 <ul><li>Local/Regional/National </li></ul><ul><li>Recruiters needed: </li></ul><ul><ul><li>Physical space and presence </li></ul></ul><ul><ul><li>Face-to-face meetings with client and candidates </li></ul></ul><ul><ul><li>Locally sourced desired and best </li></ul></ul><ul><li>As a result client get </li></ul><ul><ul><li>Limited local candidates </li></ul></ul><ul><ul><li>Same players moved/reshuffled </li></ul></ul><ul><li>Recruiters </li></ul><ul><ul><li>Ran print ads/web ads </li></ul></ul><ul><ul><li>Posted on Job Boards </li></ul></ul><ul><ul><li>Looked through Databases </li></ul></ul>
  7. 7. Recruiting 2020 <ul><li>Global Requirements </li></ul><ul><li>Recruiters need </li></ul><ul><ul><li>Internet impact </li></ul></ul><ul><ul><li>Virtual workforce using remote connection tools </li></ul></ul><ul><ul><li>A global pool of talent and access to more </li></ul></ul><ul><li>As a result clients get </li></ul><ul><ul><li>A broad and unique collection of options </li></ul></ul><ul><ul><li>Innovation rather than recycled players </li></ul></ul><ul><li>Recruiters plan for </li></ul><ul><ul><li>Building social networks </li></ul></ul><ul><ul><li>Virtual relationships </li></ul></ul><ul><ul><li>Knowing and being able to access support in global markets </li></ul></ul>
  8. 8. Your Thoughts??? <ul><li>What will happen? </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>Ways to leverage or profit? </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul><ul><li>________________ </li></ul>