The document discusses the need for "global contributors" with three key sets of skills to address the global talent shortage: 1) universal competencies like problem-solving, critical thinking, and collaboration; 2) job-specific competencies; and 3) global competencies like cultural awareness and foreign language ability. It argues that higher education must play a larger role in developing these competencies in graduates to prepare them for rapidly changing global workforces. Promising developments include universities offering more career training, global internships, and partnerships with companies to help students build the skills needed for success in today's complex economic landscape.