This document discusses the global challenge of talent shortages and proposes seven responses to help address the problem. It finds that by 2020, there will be significant shortages in certain occupations due to changing demand for skills. Some of the proposed solutions include strategic workforce planning, easing migration policies, fostering "brain circulation" through temporary mobility programs, developing talent pipelines, extending the talent pool by improving employability, and encouraging international cooperation among stakeholders. The document emphasizes the need for immediate, interdisciplinary action from governments, businesses, academia and civil society to prepare for the looming global talent crisis.
Fast Future Study for ACCA - appendix - 100 Drivers of ChangeRohit Talwar
This document discusses 100 drivers of change that could impact the global accountancy profession over the next decade. It provides a short description of each driver, including the potential implications and timeframe for when it may affect at least 20% of the profession globally. Some of the key drivers discussed include the stability of the global economic infrastructure, the level of economic growth, adoption of new technologies, environmental issues, and evolving expectations of the accountancy profession.
Innovation in the Mining Industry – How does it Compare?NORCAT
Presented by NORCAT CEO Don Duval, this presentation provides an overview of the innovation landscape in Canada, current trends, and opportunities, as well as shares insights pertaining to the “innovation supply chain” in the mining industry and compare with other innovation models.
The document provides an impact report for the National Foundry Technology Network (NFTN) for the 2010/11 period. It summarizes the NFTN's achievements and future plans across five result areas:
1) Training - Developing foundry qualifications and training 106 foundry workers. Future plans include expanding training centers.
2) Competitiveness Improvements - Benchmarking 113 foundries and providing technical support to 27 foundries. Future plans include continued benchmarking and support.
3) SME Development - Mentoring 6 emerging foundries, increasing productivity by 40% and creating 10 jobs. Future plans include mentoring 3 more foundries.
4) Innovation & Technology Transfer
”Startup Strategy”
Nagoya University Mathematics School, 23rd April (Fri), 2021
Lecture series "Science-major Person's Career and Potentials in the Global Technology Era"(No.2)
the highest level
The International Controller Association (ICV): z Insight into future-oriented
controlling trends and methods
1. Is a non-profit organization founded in 1975 dedicated to serving over 6,000 controller
members across Germany, Austria, Switzerland, and other Central and Eastern European
countries.
2. Provides members with access to leading controlling expertise through working groups,
conferences, publications, and networking opportunities to support professional
development and success.
3. Develops practical controlling solutions through ten specialist groups combining research,
practice, and collaboration between controllers, academics, and consultants.
ASTD 2013 International Conference and Exposition Brochureastdintl
The document advertises the 2013 ASTD International Conference & Exposition happening in Dallas, TX from May 19-22, 2013. It promotes the conference as a premier global event for training and development professionals to learn best practices, network with colleagues, and discover new solutions from over 400 exhibitors. Attendees can choose from 8 content tracks and 3 industry tracks covering topics such as leadership development, learning technologies, and workforce development. Pre-conference certificate programs and workshops are also available to help professionals perform better and advance their careers.
The document provides information about the International Controller Association (ICV). In 3 sentences:
The ICV is an association for controllers founded in 1975 that now has over 6,000 members across 12 European countries. It aims to facilitate the exchange of controlling expertise and trends between its members through working groups, publications, and conferences. The ICV promotes the philosophy that controlling supports economically sustainable success when controllers and managers work together as partners.
Fast Future Study for ACCA - appendix - 100 Drivers of ChangeRohit Talwar
This document discusses 100 drivers of change that could impact the global accountancy profession over the next decade. It provides a short description of each driver, including the potential implications and timeframe for when it may affect at least 20% of the profession globally. Some of the key drivers discussed include the stability of the global economic infrastructure, the level of economic growth, adoption of new technologies, environmental issues, and evolving expectations of the accountancy profession.
Innovation in the Mining Industry – How does it Compare?NORCAT
Presented by NORCAT CEO Don Duval, this presentation provides an overview of the innovation landscape in Canada, current trends, and opportunities, as well as shares insights pertaining to the “innovation supply chain” in the mining industry and compare with other innovation models.
The document provides an impact report for the National Foundry Technology Network (NFTN) for the 2010/11 period. It summarizes the NFTN's achievements and future plans across five result areas:
1) Training - Developing foundry qualifications and training 106 foundry workers. Future plans include expanding training centers.
2) Competitiveness Improvements - Benchmarking 113 foundries and providing technical support to 27 foundries. Future plans include continued benchmarking and support.
3) SME Development - Mentoring 6 emerging foundries, increasing productivity by 40% and creating 10 jobs. Future plans include mentoring 3 more foundries.
4) Innovation & Technology Transfer
”Startup Strategy”
Nagoya University Mathematics School, 23rd April (Fri), 2021
Lecture series "Science-major Person's Career and Potentials in the Global Technology Era"(No.2)
the highest level
The International Controller Association (ICV): z Insight into future-oriented
controlling trends and methods
1. Is a non-profit organization founded in 1975 dedicated to serving over 6,000 controller
members across Germany, Austria, Switzerland, and other Central and Eastern European
countries.
2. Provides members with access to leading controlling expertise through working groups,
conferences, publications, and networking opportunities to support professional
development and success.
3. Develops practical controlling solutions through ten specialist groups combining research,
practice, and collaboration between controllers, academics, and consultants.
ASTD 2013 International Conference and Exposition Brochureastdintl
The document advertises the 2013 ASTD International Conference & Exposition happening in Dallas, TX from May 19-22, 2013. It promotes the conference as a premier global event for training and development professionals to learn best practices, network with colleagues, and discover new solutions from over 400 exhibitors. Attendees can choose from 8 content tracks and 3 industry tracks covering topics such as leadership development, learning technologies, and workforce development. Pre-conference certificate programs and workshops are also available to help professionals perform better and advance their careers.
The document provides information about the International Controller Association (ICV). In 3 sentences:
The ICV is an association for controllers founded in 1975 that now has over 6,000 members across 12 European countries. It aims to facilitate the exchange of controlling expertise and trends between its members through working groups, publications, and conferences. The ICV promotes the philosophy that controlling supports economically sustainable success when controllers and managers work together as partners.
Pricing, Commercial Policies & monetization of Virtual and Hybrid Events
Are you uncertain how to price your virtual and hybrid events?
How should you relate price to functionality and interaction offered? Should you charge members or provide some free and some at a fee? How can you maximize the value of your intellectual assets?
Learn what policies and pricing has worked for a range of organisations for their delegates and members. Learn how they developed their policies and models, and avoid pricing mistakes that takes years to recover from.
Case study presentations from:
Pankaj Parnami, Founder & Director, Global Outsourcing Association of Lawyers
Fiona Miller, Head of Conferences and Training, Lexis Nexis
Ruud Janssen, CMM, TNOC.ch
Session chair: Elling Hamso, European Event ROI Institute
Cci about the council - pp - v2 fml - 8-21 slides - 19 nov 12iGovTT1
The Council for Competitiveness and Innovation (CCI) was established in 2011 to improve Trinidad and Tobago's global competitiveness and foster innovation. The CCI is charged with significantly improving the country's competitiveness ranking, doubling non-energy exports, increasing research and development spending to 1% of GDP, and raising awareness of innovation. To achieve these goals, the CCI is working with the private sector and government to enhance business sophistication, technological readiness, and innovation capabilities in existing companies and develop national policies on competitiveness and innovation.
Francis louis cci about the council - pp - v2 fml - 8-21 slides - 19 nov 12iGovTT1
The Council for Competitiveness and Innovation (CCI) was established in 2011 to improve Trinidad and Tobago's global competitiveness and foster innovation. The CCI is charged with significantly improving the country's competitiveness ranking, doubling non-energy exports, increasing research and development spending to 1% of GDP, and raising awareness of innovation. To achieve these goals, the CCI is working with the private sector and government to enhance business sophistication, technological readiness, and innovation capabilities in existing companies and develop national policies on competitiveness and innovation.
AIH Mustang Ventures International is a business development and consulting company specializing in connecting international opportunities with American firms. It identifies projects in developing countries through reports from consultants, ministries, and universities. AIH Mustang then compiles these opportunities and matches them with competent American companies that can provide solutions. Their goal is to enable economic, social, and industrial development projects globally through international collaboration.
Canada’s global competitiveness ranking up another spot to 9th.World Economic Forum rankings indicate improvement in the area of Canada’s economic environment and business sophistication. Our major improvement opportunity continues to be in strengthening the abilities of our businesses to compete on the basis of innovation and uniqueness. In the Global Competitiveness Report 2009-2010 released today by the World Economic Forum, whose Canadian partner is the Institute for Competitiveness & Prosperity, results for Canada in the rankings over 2008’s results were positive. Canada moved up from 10th in 2008 to 9th in 2009 building on a jump from 13th in 2007 on the Forum’s "Global Competitiveness Index".
How can students solve the global issues of sdg'sKazuaki ODA
This document contains the presentation slides of Kazuaki Oda given at Hokkaido University on how students can solve global issues related to the UN's Sustainable Development Goals (SDGs). It discusses the economic and political impacts of COVID-19, the results of globalization, and introduces the 17 SDGs which aim to make development sustainable and end issues like poverty, hunger, and climate change. Oda argues SDGs are needed because the current global system has not provided sustainable development, focusing on short-term goals without social objectives.
Basic Theory and Practice of Startup Strategy at APU 20191106Kazuaki ODA
This document profiles Kazuaki Oda, a serial entrepreneur, professor, consultant, investor, athlete, and keynote speaker. It provides details on his work experience, which includes positions at Andersen Consulting (now Accenture), Internet advertising agencies, and mobile service companies. The document also discusses topics like what makes some startups succeed, different business life cycle phases, environmental analysis, and cash flow management.
Technology & Entrepreneurship Assistance Managed by Students
Description of the former TEAMS program that partnered Idaho National Lab, Boise State business students & the economic development community.
Problem-based learning meets immersion in the ecosystem.
Still a great model!
This document outlines a proposed GLOBALAmbassadors program to address GLOBALFOUNDRIES' workforce challenges by developing the local talent pipeline and changing perceptions of manufacturing careers. The program would train employee volunteers as ambassadors to engage with K-12 and higher education about careers in semiconductor manufacturing. It discusses GLOBALFOUNDRIES' workforce needs, skills gaps in the industry, and strategies for implementing the ambassador program, including defining roles, developing training, and identifying education stakeholders to collaborate with. The goal is to help attract and develop talent for GLOBALFOUNDRIES through community outreach.
This document discusses opportunities for innovation and leadership in the 21st century. It argues that rankings and perceptions of winners and losers can fall prey to pessimism, but small countries and cities are demonstrating surprising resilience and leadership in innovation. Examples are given of cities like Seattle, Lagos, and Shenzhen that have emerged as innovative centers. The key is developing strong innovation ecosystems through initiatives like nurturing talent, passion for creativity, and programs to help entrepreneurs scale globally. Business schools can play an important role by providing an adaptive, multidisciplinary hub for these innovation ecosystems.
This document discusses the importance of talent mobility for driving economic growth. It notes that while talent is crucial for economic success, there are imbalances in talent markets with shortages in some areas and high unemployment in others. Collaboration between multiple stakeholders like governments, businesses, academic institutions and NGOs is seen as key to addressing these imbalances through effective talent mobility practices. The document provides examples of successful collaborative talent mobility initiatives and calls for more action to harness the full potential of talent mobility.
Ron Clink - Chief Policy Analyst, Education System Strategy, Ministry of Educ...SmartNet
Innovating for Skills-Skills for Innovation
Examining the learning environment and why certain skills and resilient leadership matter to innovation and prosperity for New Zealand.
Nationalisation 2.0: Real-Life Case Studies and a Toolkit for Implementing Su...The HR Observer
This interactive, action-oriented session led by nationalisation experts will provide participants with practical tools on creating and implementing sustainable strategies based on the unique Nationalisation 2.0TM model. The session will highlight latest research on national talent and provide real-life case-studies from leading employers in the GCC. It will focus on a holistic approach to nationalisation – on how to attract, engage, perform, develop & retain talent. Delegates will receive their own toolkits to implementing Nationalisation programmes.
David Jones, Managing Director, The Talent Enterprise
Radhika Punshi, Consulting Director, The Talent Enterprise
The taste of innovation build-10 x-valuefactory-90days-master-program-brochureFlevum
Brochure The Taste of Innovation | Beyond Performance Experience
How to build your 10x-ValueFactory in 90 days (introduction)
We leven in opwindende tijden - waarin de manier waarop we met elkaar werken sterk aan het veranderen is, waarin de focus naast presteren, veel meer is gaan liggen op de mens. Leiders zijn zich meer en meer bewust dat als het hun mensen goed gaat, het ook goed gaat met de organisatie.
Uitspraken binnen deze context zijn gedaan door:
Wendy Woods - Sr. Partner Boston Consulting Group: “Smart, committed people. They are our most precious and powerful resource. And many of the innovations that people have created recently enable even more people to contribute in even more substantial ways. That’s a significant part of why I’m so optimistic about our future.”
Ed Catmull - Co-founder Pixar: “Talent is rare. Management’s job is not to prevent risk but to build the capability to recover when failures occur.”
Of denk aan het “Growth Manifesto” initiatief van Neville Isdel (Coca-Cola) hoe terug te gaan naar “living our values”, hoe beter samen te werken en mensen te ontwikkelen om ultieme prestatie mogelijk te maken.
Bovenstaande voorbeelden schijnen hun licht over desastreuze focus op alleen presteren bij bedrijven zoals Enron, Lehman Brothers, Atari, Kodak …
Het feit dat klanten producten en/of diensten afnemen geeft aan dat er waarde wordt toegevoegd. De vraag is:
Welke waarde gaat morgen - onbewust ? - gewenst worden?
Wanneer is morgen?
Hoe maken wij contact met morgen?
Hoe creëert u uw eigen WaardeFabriek die antwoorden geeft op deze vragen?
Uw eigen WaardeFabriek?
DeWaardeFabriek gunt iedere organisatie haar eigen WaardeFabriek, waarin het gezamenlijk op zoek gaan naar EN het realiseren van de waarde voor morgen centraal staat.
Samen met DeWaardeFabriek laten wij u tijdens deze bijeenkomst proeven van de elementen die uw eigen WaardeFabriek succesvol maken. Deze elementen in deze bijeenkomst vormen onderdeel van een master-programma “How to build your 10x-ValueFactory in 90 days” dat speciaal voor Flevum-leden in januari 2016 van start gaat.
Na afloop van deze bijeenkomst gaat u naar huis met praktische inzichten die u direct in de praktijk kunt brengen.
Dit programma wordt inmiddels met succes toegepast bij o.a.:
TATA Steel
Stork
SPIE
World Class Maintenance
The document discusses attracting international talent and lessons learned from Critical Software's experience. It covers trends in international migration, growing occupations, and factors that motivate Generation Y employees. Critical Software's business case for international talent is described along with strategic, tactical, and operational lessons learned. At the strategic level, these include developing an institutional strategy for international engagement, localizing talent, and building university/government partnerships. Tactically, internal communication, HR mobility policies, branding, and social media are important. Operationally, success requires getting recruitment right by considering geographical and cultural differences.
The document provides a program report for Collaborate for Social Impact (C4SI) in 2015. C4SI is an annual experiential educational program run by Just Innovate that brings together 47 students from 6 universities and 24 countries over 2 months. Students work in teams on 11 challenges provided by organizations and develop 11 social innovations. The program includes workshops on topics like human-centered design, team dynamics, and pitching. Students progress through phases of ideating, prototyping, and pitching their solutions. The program aims to foster creativity and inspire social change through collaboration on real-world problems.
The document provides a program report for Collaborate for Social Impact (C4SI) in 2015. C4SI is an annual experiential educational program run by Just Innovate that brings together 47 students from diverse backgrounds to develop innovative solutions to 11 social challenges. Over the course of 8 weeks, students participated in workshops on topics like human-centered design, team dynamics, and pitching. Students worked in teams and received mentorship to develop 11 social innovations, which they pitched at a final Demo Day event. The program aimed to foster creativity, collaboration, and social change among student communities.
Innovation from Everyone and Everywhere (1)Marianne Doczi
This document discusses developing sustainable innovation capabilities for 21st century New Zealand. It advocates taking an "innovation from everyone and everywhere" approach to fully harness New Zealand's human capital. The document outlines principles of innovation from all people in all places, customer-centricity, and collaboration both within and across organizations. It also discusses the skills, leadership, culture, and management practices needed in organizations to enable innovation from all sources. The goal is to start an online community to further discuss improving attitudes, skills, and practices for widespread innovation.
The 2024 L&D Guide for Hybrid Teams.pdfdrjeetasarkar
The document discusses the benefits and challenges of the hybrid learning model, which blends in-person and virtual learning. Some key benefits include increased flexibility, accessibility, and personalized learning opportunities. Organizations can also reduce training costs by 30% by incorporating virtual components. However, challenges include ensuring robust technology infrastructure, engaging remote learners, and balancing interactivity with personal connections. Real-world case studies demonstrate the power of the hybrid model in reducing costs while improving learning outcomes.
Open Badges Across the Humanitarian SectorDon Presant
This document summarizes a presentation on open badges across the humanitarian sector. The presentation discusses themes such as lifelong learning, recognition being as important as delivery of learning, and how badges can build help networks. It provides examples of how organizations like Doctors Without Borders and UNICEF are using online learning and badges. The presentation envisions a future where a humanitarian passport initiative could provide recognition of skills through open badges, connected to various skills frameworks and quality standards.
In the Blue World, large corporations dominate the global economy and society. Corporations provide extensive services and benefits to employees, including healthcare, education, and housing. This high level of support leads to strong employee retention, but also creates a large divide between those who work for major corporations and those who do not. Corporations extensively measure and analyze employee performance, productivity, and engagement. Technology is deeply integrated into work and daily life. The role of HR evolves to focus on complex people analytics and segmentation strategies to maximize business performance through human capital management.
This document explores possible futures for the workplace and people management in 2020. It identifies three plausible scenarios or "worlds" that may exist:
1. The "Blue World" where large corporations dominate society and take on prominent social roles.
2. The "Green World" where businesses are forced to change fundamentally due to environmental and social pressures.
3. The "Orange World" characterized by specialization and collaborative networks.
It argues that people management will be one of the greatest challenges for businesses in this future. Radical changes in business models will impact how companies support their employees' work-life balance, social welfare, and skills development. The role of HR will also undergo significant change and will
Pricing, Commercial Policies & monetization of Virtual and Hybrid Events
Are you uncertain how to price your virtual and hybrid events?
How should you relate price to functionality and interaction offered? Should you charge members or provide some free and some at a fee? How can you maximize the value of your intellectual assets?
Learn what policies and pricing has worked for a range of organisations for their delegates and members. Learn how they developed their policies and models, and avoid pricing mistakes that takes years to recover from.
Case study presentations from:
Pankaj Parnami, Founder & Director, Global Outsourcing Association of Lawyers
Fiona Miller, Head of Conferences and Training, Lexis Nexis
Ruud Janssen, CMM, TNOC.ch
Session chair: Elling Hamso, European Event ROI Institute
Cci about the council - pp - v2 fml - 8-21 slides - 19 nov 12iGovTT1
The Council for Competitiveness and Innovation (CCI) was established in 2011 to improve Trinidad and Tobago's global competitiveness and foster innovation. The CCI is charged with significantly improving the country's competitiveness ranking, doubling non-energy exports, increasing research and development spending to 1% of GDP, and raising awareness of innovation. To achieve these goals, the CCI is working with the private sector and government to enhance business sophistication, technological readiness, and innovation capabilities in existing companies and develop national policies on competitiveness and innovation.
Francis louis cci about the council - pp - v2 fml - 8-21 slides - 19 nov 12iGovTT1
The Council for Competitiveness and Innovation (CCI) was established in 2011 to improve Trinidad and Tobago's global competitiveness and foster innovation. The CCI is charged with significantly improving the country's competitiveness ranking, doubling non-energy exports, increasing research and development spending to 1% of GDP, and raising awareness of innovation. To achieve these goals, the CCI is working with the private sector and government to enhance business sophistication, technological readiness, and innovation capabilities in existing companies and develop national policies on competitiveness and innovation.
AIH Mustang Ventures International is a business development and consulting company specializing in connecting international opportunities with American firms. It identifies projects in developing countries through reports from consultants, ministries, and universities. AIH Mustang then compiles these opportunities and matches them with competent American companies that can provide solutions. Their goal is to enable economic, social, and industrial development projects globally through international collaboration.
Canada’s global competitiveness ranking up another spot to 9th.World Economic Forum rankings indicate improvement in the area of Canada’s economic environment and business sophistication. Our major improvement opportunity continues to be in strengthening the abilities of our businesses to compete on the basis of innovation and uniqueness. In the Global Competitiveness Report 2009-2010 released today by the World Economic Forum, whose Canadian partner is the Institute for Competitiveness & Prosperity, results for Canada in the rankings over 2008’s results were positive. Canada moved up from 10th in 2008 to 9th in 2009 building on a jump from 13th in 2007 on the Forum’s "Global Competitiveness Index".
How can students solve the global issues of sdg'sKazuaki ODA
This document contains the presentation slides of Kazuaki Oda given at Hokkaido University on how students can solve global issues related to the UN's Sustainable Development Goals (SDGs). It discusses the economic and political impacts of COVID-19, the results of globalization, and introduces the 17 SDGs which aim to make development sustainable and end issues like poverty, hunger, and climate change. Oda argues SDGs are needed because the current global system has not provided sustainable development, focusing on short-term goals without social objectives.
Basic Theory and Practice of Startup Strategy at APU 20191106Kazuaki ODA
This document profiles Kazuaki Oda, a serial entrepreneur, professor, consultant, investor, athlete, and keynote speaker. It provides details on his work experience, which includes positions at Andersen Consulting (now Accenture), Internet advertising agencies, and mobile service companies. The document also discusses topics like what makes some startups succeed, different business life cycle phases, environmental analysis, and cash flow management.
Technology & Entrepreneurship Assistance Managed by Students
Description of the former TEAMS program that partnered Idaho National Lab, Boise State business students & the economic development community.
Problem-based learning meets immersion in the ecosystem.
Still a great model!
This document outlines a proposed GLOBALAmbassadors program to address GLOBALFOUNDRIES' workforce challenges by developing the local talent pipeline and changing perceptions of manufacturing careers. The program would train employee volunteers as ambassadors to engage with K-12 and higher education about careers in semiconductor manufacturing. It discusses GLOBALFOUNDRIES' workforce needs, skills gaps in the industry, and strategies for implementing the ambassador program, including defining roles, developing training, and identifying education stakeholders to collaborate with. The goal is to help attract and develop talent for GLOBALFOUNDRIES through community outreach.
This document discusses opportunities for innovation and leadership in the 21st century. It argues that rankings and perceptions of winners and losers can fall prey to pessimism, but small countries and cities are demonstrating surprising resilience and leadership in innovation. Examples are given of cities like Seattle, Lagos, and Shenzhen that have emerged as innovative centers. The key is developing strong innovation ecosystems through initiatives like nurturing talent, passion for creativity, and programs to help entrepreneurs scale globally. Business schools can play an important role by providing an adaptive, multidisciplinary hub for these innovation ecosystems.
This document discusses the importance of talent mobility for driving economic growth. It notes that while talent is crucial for economic success, there are imbalances in talent markets with shortages in some areas and high unemployment in others. Collaboration between multiple stakeholders like governments, businesses, academic institutions and NGOs is seen as key to addressing these imbalances through effective talent mobility practices. The document provides examples of successful collaborative talent mobility initiatives and calls for more action to harness the full potential of talent mobility.
Ron Clink - Chief Policy Analyst, Education System Strategy, Ministry of Educ...SmartNet
Innovating for Skills-Skills for Innovation
Examining the learning environment and why certain skills and resilient leadership matter to innovation and prosperity for New Zealand.
Nationalisation 2.0: Real-Life Case Studies and a Toolkit for Implementing Su...The HR Observer
This interactive, action-oriented session led by nationalisation experts will provide participants with practical tools on creating and implementing sustainable strategies based on the unique Nationalisation 2.0TM model. The session will highlight latest research on national talent and provide real-life case-studies from leading employers in the GCC. It will focus on a holistic approach to nationalisation – on how to attract, engage, perform, develop & retain talent. Delegates will receive their own toolkits to implementing Nationalisation programmes.
David Jones, Managing Director, The Talent Enterprise
Radhika Punshi, Consulting Director, The Talent Enterprise
The taste of innovation build-10 x-valuefactory-90days-master-program-brochureFlevum
Brochure The Taste of Innovation | Beyond Performance Experience
How to build your 10x-ValueFactory in 90 days (introduction)
We leven in opwindende tijden - waarin de manier waarop we met elkaar werken sterk aan het veranderen is, waarin de focus naast presteren, veel meer is gaan liggen op de mens. Leiders zijn zich meer en meer bewust dat als het hun mensen goed gaat, het ook goed gaat met de organisatie.
Uitspraken binnen deze context zijn gedaan door:
Wendy Woods - Sr. Partner Boston Consulting Group: “Smart, committed people. They are our most precious and powerful resource. And many of the innovations that people have created recently enable even more people to contribute in even more substantial ways. That’s a significant part of why I’m so optimistic about our future.”
Ed Catmull - Co-founder Pixar: “Talent is rare. Management’s job is not to prevent risk but to build the capability to recover when failures occur.”
Of denk aan het “Growth Manifesto” initiatief van Neville Isdel (Coca-Cola) hoe terug te gaan naar “living our values”, hoe beter samen te werken en mensen te ontwikkelen om ultieme prestatie mogelijk te maken.
Bovenstaande voorbeelden schijnen hun licht over desastreuze focus op alleen presteren bij bedrijven zoals Enron, Lehman Brothers, Atari, Kodak …
Het feit dat klanten producten en/of diensten afnemen geeft aan dat er waarde wordt toegevoegd. De vraag is:
Welke waarde gaat morgen - onbewust ? - gewenst worden?
Wanneer is morgen?
Hoe maken wij contact met morgen?
Hoe creëert u uw eigen WaardeFabriek die antwoorden geeft op deze vragen?
Uw eigen WaardeFabriek?
DeWaardeFabriek gunt iedere organisatie haar eigen WaardeFabriek, waarin het gezamenlijk op zoek gaan naar EN het realiseren van de waarde voor morgen centraal staat.
Samen met DeWaardeFabriek laten wij u tijdens deze bijeenkomst proeven van de elementen die uw eigen WaardeFabriek succesvol maken. Deze elementen in deze bijeenkomst vormen onderdeel van een master-programma “How to build your 10x-ValueFactory in 90 days” dat speciaal voor Flevum-leden in januari 2016 van start gaat.
Na afloop van deze bijeenkomst gaat u naar huis met praktische inzichten die u direct in de praktijk kunt brengen.
Dit programma wordt inmiddels met succes toegepast bij o.a.:
TATA Steel
Stork
SPIE
World Class Maintenance
The document discusses attracting international talent and lessons learned from Critical Software's experience. It covers trends in international migration, growing occupations, and factors that motivate Generation Y employees. Critical Software's business case for international talent is described along with strategic, tactical, and operational lessons learned. At the strategic level, these include developing an institutional strategy for international engagement, localizing talent, and building university/government partnerships. Tactically, internal communication, HR mobility policies, branding, and social media are important. Operationally, success requires getting recruitment right by considering geographical and cultural differences.
The document provides a program report for Collaborate for Social Impact (C4SI) in 2015. C4SI is an annual experiential educational program run by Just Innovate that brings together 47 students from 6 universities and 24 countries over 2 months. Students work in teams on 11 challenges provided by organizations and develop 11 social innovations. The program includes workshops on topics like human-centered design, team dynamics, and pitching. Students progress through phases of ideating, prototyping, and pitching their solutions. The program aims to foster creativity and inspire social change through collaboration on real-world problems.
The document provides a program report for Collaborate for Social Impact (C4SI) in 2015. C4SI is an annual experiential educational program run by Just Innovate that brings together 47 students from diverse backgrounds to develop innovative solutions to 11 social challenges. Over the course of 8 weeks, students participated in workshops on topics like human-centered design, team dynamics, and pitching. Students worked in teams and received mentorship to develop 11 social innovations, which they pitched at a final Demo Day event. The program aimed to foster creativity, collaboration, and social change among student communities.
Innovation from Everyone and Everywhere (1)Marianne Doczi
This document discusses developing sustainable innovation capabilities for 21st century New Zealand. It advocates taking an "innovation from everyone and everywhere" approach to fully harness New Zealand's human capital. The document outlines principles of innovation from all people in all places, customer-centricity, and collaboration both within and across organizations. It also discusses the skills, leadership, culture, and management practices needed in organizations to enable innovation from all sources. The goal is to start an online community to further discuss improving attitudes, skills, and practices for widespread innovation.
The 2024 L&D Guide for Hybrid Teams.pdfdrjeetasarkar
The document discusses the benefits and challenges of the hybrid learning model, which blends in-person and virtual learning. Some key benefits include increased flexibility, accessibility, and personalized learning opportunities. Organizations can also reduce training costs by 30% by incorporating virtual components. However, challenges include ensuring robust technology infrastructure, engaging remote learners, and balancing interactivity with personal connections. Real-world case studies demonstrate the power of the hybrid model in reducing costs while improving learning outcomes.
Open Badges Across the Humanitarian SectorDon Presant
This document summarizes a presentation on open badges across the humanitarian sector. The presentation discusses themes such as lifelong learning, recognition being as important as delivery of learning, and how badges can build help networks. It provides examples of how organizations like Doctors Without Borders and UNICEF are using online learning and badges. The presentation envisions a future where a humanitarian passport initiative could provide recognition of skills through open badges, connected to various skills frameworks and quality standards.
In the Blue World, large corporations dominate the global economy and society. Corporations provide extensive services and benefits to employees, including healthcare, education, and housing. This high level of support leads to strong employee retention, but also creates a large divide between those who work for major corporations and those who do not. Corporations extensively measure and analyze employee performance, productivity, and engagement. Technology is deeply integrated into work and daily life. The role of HR evolves to focus on complex people analytics and segmentation strategies to maximize business performance through human capital management.
This document explores possible futures for the workplace and people management in 2020. It identifies three plausible scenarios or "worlds" that may exist:
1. The "Blue World" where large corporations dominate society and take on prominent social roles.
2. The "Green World" where businesses are forced to change fundamentally due to environmental and social pressures.
3. The "Orange World" characterized by specialization and collaborative networks.
It argues that people management will be one of the greatest challenges for businesses in this future. Radical changes in business models will impact how companies support their employees' work-life balance, social welfare, and skills development. The role of HR will also undergo significant change and will
This document explores possible futures for the workplace and people management in 2020. It identifies three plausible scenarios for how organizations may operate - "Blue World," "Green World," and "Orange World" - and discusses the implications for human resources. Some key points:
1. Business models will change dramatically by 2020 due to factors like technology, globalization, and demographics, potentially leading to large corporations taking on social welfare roles or the rise of collaborative networks.
2. Managing people will be one of the greatest challenges for businesses as skills shortages increase and the boundaries between work and personal life blur with companies assuming more social responsibilities.
3. The role of human resources will undergo fundamental change and will either need to
This document summarizes a presentation about preparing for digital disruption. It discusses how 65% of today's children will have jobs that don't yet exist, and how exponential technologies are disrupting multiple industries. It emphasizes that developing human-centric skills like social awareness, creativity and collaboration will be important for future-proofing workforces. The presentation advocates for lifelong learning and discusses Deloitte's Digital Academy program for training employees on digital skills. It concludes by asking how education institutions can build continuous learning and what lifelong learning plans for teachers should entail.
Exponential growth of technologies is fueling unprecedented innovation and transforming how work gets done, who does it and even what work looks like! As technology evolves, skills will become increasingly obsolete, making it critical that Learning leaders prepare their organizations for today, tomorrow, and beyond by reimagining traditional learning frameworks and equipping their workers with the new skills and capabilities to succeed in this digitized workplace ecosystem. To keep up with the rapidly evolving digital landscape, the skills and capabilities of the “Professional of the Future” must be accurately forecasted, intentionally developed and continuously refined. Learning needs to be dynamic, agile and embedded in the flow of work, enabling the professionals of the future to embrace the art of the possible. This session focuses on the technical skillsets and innately human capabilities core to the professional of the future and how reskilling can provide employees the opportunity to take on meaningful, enriching work in support of an organization’s mission and vision.
Learning Objectives:
Participants will understand the new realities of the digital world and how this digital transformation will impact the work to be done, who and how the work will be performed and where it will be done.
Participants will understand how to enable the workforce to deliver value in the new digital world by developing and nurturing human capabilities and technical skills.
Participants will understand the tactical solutions able to be used for continuous learning or reskilling on technical and human capabilities.
The document provides information about the Monterrey Tech educational system, including statistics about students, teachers, programs, and campuses. It specifically discusses the Querétaro campus, noting that it is located in the city of Querétaro, has nearly 5,000 students and 345 teachers across 20 undergraduate programs and 13 graduate programs. The campus focuses on an active educational model with modern facilities including laboratories, a library, and residence halls.
NTU Leadership Conference, Transformational Strategies for Succeeding in a V...Dr. Guido Gianasso
CQ: from Boardroom to classroom, NTU Leadership Conference, Transformational Strategies for Succeding in a Volatile Marketplace, Singapore, October 2011
Similar to Ps wef global_talentrisk_report_2011 (20)
3. Contents
FOREWORD 5
TALENT AND SKILLS SCARCITIES – THE NUMBERS 6
EXECUTIVE SUMMARY 7
1. INTRODUCTION: RISING TO THE NEW CHALLENGES OF GLOBAL TALENT RISK 9
2. THE FUTURE TALENT GAP: EXAMINING SUPPLY AND DEMAND 10
Methodology and approach 10
Significant talent shortage trends expected by 2020 10
Scale and scope of expected talent shortage trends by occupation 11
Global trends shaping demand for skill sets 14
3. WHEN EMPLOYEES HAVE THE UPPER HAND 15
Walking in skilled employees’ shoes 17
4. REDRAWING THE TALENT LANDSCAPE: SEVEN RESPONSES 19
Introduce strategic workforce planning 20
Ease migration 22
Foster “brain circulation” 24
Develop a talent “trellis” 26
Encourage temporary mobility and virtual work 27
Extend the talent pool 29
Increase employability 31
5. INTERNATIONAL DIALOGUE AND STAKEHOLDER COOPERATION – NEED FOR ACTION 33
Challenges of multistakeholder cooperation 33
Opportunities: addressing interconnected challenges in an interdisciplinary way 34
Action is needed to prepare for the global talent crisis 34
6. CONCLUSION 35
APPENDIX 36
Acknowledgments 36
List of definitions of covered industries 36
List of definitions of International Standard Classification of Occupation (ISCO-88) 37
3
4. List of definitions of UNESCO’s International Standard Classification of Education 39
List of Exhibits 39
List of Sources 40
Databases (list of main sources) 40
Reports and other sources (list of main sources) 41
Endnotes 42
4
5. Foreword
We are entering the era of unparalleled talent scarcity, which, Although competitiveness is a priority for us, we must also
if left unaddressed, will put a brake on economic growth realize that sharing best practices with the rest of the world
around the world, and will fundamentally change the way we will help support a globally talented workforce for the future,
approach the workforce challenges. which is also in the best interests of our state. Therefore, we
are ready and open to share our experiences since we believe
No country, no organization can remain competitive unless that immediate attention and interdisciplinary action must be
talent – the engine force of economies – is there to ensure taken by governments, businesses, academia and civil society
success of organizations in turbulent times, handle the on a global basis. A global problem calls for a global solution,
political, social agenda and boost research and innovations. and we believe that the reallocation of talent through mobility
schemes is an integral part of the answer.
Twenty years from now, the world will need millions of new
business professionals, engineers, doctors, IT specialists, We must be daring and commit to a course of action that
scientific researches, technicians, teachers, plumbers and allows effective sharing of these best practices among
nurses. Twenty years from now, we may not have them. governments, business and academia. The World Economic
Forum has gathered over 100 experts and practitioners who
Just as the problem is multifaceted, so is the solution. While have spent at least two years exploring the magnitude of
today’s rhetoric focuses on telling businesses to “create new these talent shortages. The Talent Mobility project has taken
jobs,” we believe that the creation of new jobs is inextricably on the analysis of best practices on this issue and developed
tied to providing the right skills for those jobs through a set of comprehensive recommendations that can be applied
education, training and retraining. We must invest in the future across multiple stakeholders. Equipped with the research
by taking on the long-term task of training new talent and offered by this project, it is now our responsibility, as members
retraining existing talent. At the same time, we must compete of the international community, to take action.
with other jurisdictions to attract the best and the brightest
from around the world and, critically – to retain the talent On behalf of the government of Québec, I am proud to
within our borders. announce our commitment to addressing the issues of talent
mobility today. I invite you to join us in this endeavour.
In Québec, we have focused our efforts on attracting
foreign talent and, more importantly, integrating such foreign
nationals successfully into the labour market. For example,
we encourage temporary skilled workers and foreign students
graduating from Québec educational institutions to stay in
the province through a simplified immigration programme.
We are incentivizing skilled workers to immigrate to Québec
through an economic immigration programme. We have also Jean Charest, Premier of Québec, Canada
negotiated a new space of professional mobility between the
citizens of Québec and France.
5
6. Talent and skills scarcities – The Numbers
The talent gap is a challenge for employers In North and West Africa, more than one-quarter of
everywhere. To sustain economic growth, by 2030 the population is under age 15 and unemployment
the United States will need to add more than 25 rates for young people exceed 30%.7
million workers and Europe will need to add more
than 24 million employees.1 Employability will continue to be a huge problem
worldwide. Because of the uneven quality of
There are an estimated 214 million international education systems, only 25% of Indian and 20%
migrants worldwide. Collectively, they would make of Russian professionals are currently considered
up the world’s fifth-largest nation.2 employable by multinationals.8
Migration is not only a South-to-North phenomenon; Compared to today, in 2050, most G7 and all BRIC
in fact, 40% of the world’s migrants move from one countries will have more than doubled age 65 and
developing country to another.3 older dependency ratios, and all except India will
have more aged societies than today’s most aged
Foreign nationals are authors of the majority of patent society (Japan).9
applications filed by many US companies: 65% at
Merck and 64% at GE and 60% at Cisco.4 Even China faces long-term talent shortages. The
number of those aged 60 and older is expanding
Foreign-born workers with university or equivalent rapidly, already forming 12.5% of the nation’s
qualifications make up just 2% of the European population. The country’s one-child policy and
labour market, compared with 4.5% in the United its drop in birth rates means that by 2050 the 10
States, 8% in Australia and nearly 10% in Canada.5 workers now supporting each senior citizen will fall
to 2.5.10
With 45 million new entrants in the global job market
annually – most of them young – 300 million new Eighty-nine per cent of women who voluntarily
jobs will be needed between now and 2015 to keep leave their jobs — for example to raise a child —
pace with the growth in the labour force.6 want to go back to work but only 40% have been
able to find full-time, mainstream jobs.11
6
7. Executive summary
Despite today’s high unemployment rates, the global talent “The millennials, a generation born digital, are
risk is growing. Soon staggering talent gaps will appear completely at ease with technology and will have
in large parts of the world threatening economic growth. a much stronger impact on social behaviour than
Economies will struggle to remain competitive while we currently assume. As they enter the workforce,
organizations will compete for talent on an unprecedented they represent a huge engine of transformation for
scale. Now, human capital is replacing financial capital as the
every institution – public and private.”
engine of economic prosperity.
– Klaus Schwab, Founder and Executive Chairman, World Economic
The roots of the looming talent scarcity are no mystery.
Forum, 201014
The Northern hemisphere faces talent shortages in a wide
range of occupational clusters largely because populations
Talent mobility is inevitable. Despite protectionist attitudes
are ageing rapidly and educational standards are insufficient.
that have intensified during the downturn, labour migration
The United States, for example, will need to add more than
will rise over the long term. Globalization is fuelling mobility,
25 million workers by 2030 to sustain economic growth, while
as more companies expand abroad and people consider
Europe will need more than 45 million. In Germany, according
foreign postings as a natural part of professional development.
to a recent assessment, 70% of employers are hard-pressed
Beyond the positive effects that talent circulation brings to
to find the right people.12 In developed countries, ageing
both developed and developing countries, the larger point is
and the retirement of baby boomers will have significant
that mobility will persist in inclusive societies, enabling equal
implications for how to manage workforce quantity, quality
opportunities.
and costs.
Companies and countries will compete for the best
Many countries in the Southern hemisphere report workforce
and the brightest. Talent scarcity is driving the growth of an
surpluses due to high economic growth and stable birth
internationally mobile creative class that encompasses five
rates. However, there are questions about the employability
generations of workers.15 Competition for talent will come not
of these workers — whether they have the necessary skills
only from the company down the street, but also from the
to get jobs and work effectively. The uneven quality of
employer on the other side of the world. It will be a seller’s
educational systems in developing countries is one reason
market, with talented individuals having many choices. Both
why workers are not receiving the training they need to thrive
countries and companies will need to brand themselves as
in an increasingly global economy. As one example, only
locations of choice to attract this talent.
25% of Indian professionals are considered employable by
multinationals.13
The concept of mobility extends beyond labour
migration. Many government and business leaders have long
The talent crisis demands bold responses. Skills for
relied on migrant workers to fill their talent gaps. But migration
high-demand jobs in 2020 must be developed now.
alone cannot make up for the massive talent shortfall we
Demand will be highest for well-educated professionals,
will soon face. The solution lies in expanding the definition
technicians and managers. All over the globe — in developed,
of talent mobility to encompass movement across both
newly industrialized, BRIC and developing countries —
geographical and non-geographical boundaries.
demand is soaring for these professions. Professionals will be
in particularly high demand by companies in trade, transport
A holistic approach to the global talent risk will help
and communication in developing nations. Healthcare
companies and governments structure their efforts to solve
research and development (R&D) will generate enormous
the talent gap. This study proposes solutions around seven
demand for skilled labour worldwide, mining companies will
responses to global talent risk identified during a review of
need project planners and web designers will be in demand
best practices. More than 320 current practices of countries
throughout many industries. Demand for other jobs will taper
and organizations have been evaluated and, along with
off as technologies render them obsolete. Filling higher-
additional quantitative and qualitative research, condensed
demand positions will require improved and more extensive
into blueprints for action on how to attract, move, develop,
vocational training, starting today.
diversify and retain talent. The seven responses to global
talent risk are:
To be employable in 2020, graduates must be technologically
literate and acquire transferable, cross-cultural learning skills.
1. Introduce strategic workforce planning. Strategic
Any nation or company that continues to rely on conventional
workforce planning means modelling labour supply and
learning and routine, siloed work without fostering a culture of
demand for different job families to understand current and
continuous learning will face an ever-deepening talent gap.
future imbalances and develop strategies for addressing
them.
7
8. 2. Ease migration. The economic downturn and rising A pragmatic, result-driven and content-based approach
unemployment rates have further soured attitudes toward focused on effective sharing of good practices can provide
migrants, with countries reducing quotas, setting tougher opportunities to tackle imbalances of human capital
entry requirements, refusing to renew temporary work markets. An action built around such concept, supported by
permits and even paying workers to go home. Innovative governments, businesses and thought leaders, can accelerate
points-based migration systems and a “migration-friendly” change and make a concrete impact.
branding by states and companies are necessary to
attract the right talent globally. The World Economic Forum seeks to catalyse this action at
the World Economic Forum Annual Meeting 2011 in Davos-
3. Foster brain circulation. Brain drain has long been a Klosters.
nagging concern of developing countries. However, there
are strategies that can help turn the brain drain into a brain
gain, as students and professionals come home to apply
skills learned abroad.
4. Increase employability. Governments and companies
can do more to boost the skills levels of both the current
and future workforce. What is needed is an adaptable
but efficient education system that includes practical and
theoretical skills, lifelong learning and upskilling.
5. Develop a talent “trellis”. Talent development is key to
ensuring a sustainable pool of highly skilled resources.
Governments and companies must focus on going from
career tracks to a trellis, building the skills required for
the jobs of tomorrow and offering horizontal and vertical
career and education paths.
6. Encourage temporary and virtual mobility. Temporary
mobility covers short-term work or study in another
location, offering relatively easy opportunities to access
required skills, while virtual mobility is made possible by
a networked world, enabling individuals to carry out their
profession regardless of their location.
7. Extend the pool. Large pools of developed talent are
currently under-utilized. Countries and companies need to
establish policies to tap into the skill sets of women, older
professionals, the disadvantaged and immigrants. Easily
available childcare, flexible work schemes, mentoring and
advisory roles, and improved options for licensing and
recognizing credentials represent solutions to barriers
faced by these groups.
Global mobility of talent is becoming as critical as the
global mobility of goods and capital. The seven responses
to the global talent risk are indispensable for companies and
countries to win their share in tomorrow’s global high-skills
marketplace. The largest gains, however, will come from
coordinated efforts among states, companies, international
organizations, academia and civil societies worldwide as
they think beyond national borders and recognize the global
benefits of mobile talent.
Given the limitations of international collaboration in the area
of talent mobility, concerted, multistakeholder action is
needed to raise awareness of the impending talent crisis,
increase best practices and information sharing, and advocate
for policy changes.
8
9. 1. Introduction: rising to the new challenges of global talent risk
Companies need the right talent to grow and innovate. This year’s work includes a review of trends reshaping human
Economies need new jobs for economic development. capital markets — the megatrends such as globalization and
While governments and international organizations call for ageing populations, as well as industry- specific trends, such
the creation of new jobs, companies cannot find qualified as the green movement in construction and customizability in
talent – individuals with skills critical to business and an manufacturing. The World Economic Forum, in collaboration
upper secondary or tertiary education, such as engineers, IT with BCG and the partners involved in the project, has:
developers and analysts.
• Interviewed and brought into the dialogue more than 100
The disconnect between public and private sectors prompted experts and practitioners
the World Economic Forum to gather decision-makers • Reviewed more than 300 good practices in the area of
to explore the skills gaps and talent mobility challenges talent mobility
ahead. The interdisciplinary nature of these issues requires • Aggregated the best solutions into universally applicable
governments, academia, businesses and civil society to blueprints to propose responses to the global talent risk
collaborate to provide the talent necessary for economic • Developed a set of recommendations for governments,
growth in both developing and developed countries. businesses, academia and civil society
In 2009, the Forum, in cooperation with the Boston Consulting The 2011 talent mobility report has been developed in a
Group (BCG), decided to complement the multistakeholder particular context. Unemployment rates have remained high.
dialogue with an in-depth analysis of the talent supply Policy-makers in most countries have put job creation at the
and demand trends. To focus the work and ensure that top of their agendas. With the first meeting of G20 Labour
concrete recommendations could be generated, the analysis Ministers in April 2010 in Washington DC, new opportunities
concentrated on highly skilled talent. for international collaboration have emerged.
Last year’s report, Stimulating Economies through Fostering This report offers a vision for how to redesign approaches
Talent Mobility, presented an analysis of workforce to talent mobility, based on the outcomes of analysis and
development and labour demand, including employability dialogue with the decision-makers. This vision takes into
and immigration. Based on data from 22 countries and 12 account the slow recovery of global economies coupled
industries, the report predicted vast talent gaps between the with strong protectionist attitudes, immigration caps, high
supply and demand of highly skilled workers would appear by unemployment rates and disconnects between the public and
2020. private sectors.
This year the all-important jobs perspective has been added
to the study and we have broadened the sample of countries.
As a result, we can provide a unique, three-dimensional
overview of the talent shortages by 2020 and 2030 across
25 countries, 13 industries and nine occupational clusters.
Moreover, the study has allowed us to forecast, with the
imperfections of forecasting taken into consideration, which
occupations will be in greatest demand by 2020 and 2030.
9
10. 2. The future talent gap: examining Challenges of matching supply and demand and
economic modelling
supply and demand
Our analysis combined demographics and macroeconomic
modelling — including factors such as potential GDP growth,
Methodology and approach
expected capital stock growth, economically active population
per industry and occupation or total factor productivity —
Last year, our talent mobility study developed a matrix of
with qualitative assessments of employability and future
high-skills challenges across 22 countries and 12 industries to
skills and talent shifts per industry. The study further focused
acknowledge the complexity of skills-gap forecasting and to
on the impact of mega-trends and industry trends. Talent
demonstrate trends affecting industries across countries and
gaps become evident when compound annual growth rates
across industry sectors.
(CAGR) of talent supply and talent demand are compared.
Such comparisons highlight areas where talent shortages
Building on last year’s work, this year the focus shifted toward
are increasing. However, the study did not delve into other
jobs, strengthening the analysis and creating the dataset
economic side effects or dynamics of talent scarcity, such
required to develop concrete recommendations. The most
as factor-price shifts (wage increases), that might affect
pressing talent gaps can now be identified not only by industry
productivity or hamper economic growth potential.
and country but also by occupational cluster.
The figures for current shares of talent per occupational
Outlook: This study analyses countries and industries facing
cluster and future skill shifts were based on expert interviews
talent shortages within the next two decades to identify the
by industry and country. The lingering effects of the economic
job families that will experience high demand growth as well
downturn and uncertainty about recovery in various countries
as the jobs (and associated skills) where supply will exceed
made accurate growth predictions challenging. We examined
demand by 2020 and beyond.
a range of economic development scenarios to adequately
represent their impact on the labour market, and we
Countries examined: Expanding the list of countries
crosschecked our findings in interviews with roughly 100
examined to 25 provides a representative mix of developed,
industry and country experts.
newly industrialized and developing economies. Brazil,
Russia, India and China – the BRIC countries – were clustered
Key data sources included the International Labour
together to acknowledge their prominent economic roles and
Organization (ILO), the United Nations, the Organisation for
their demographic and economic challenges.
Economic Co-operation and Development (OECD), the United
Nations Educational, Scientific and Cultural Organization
Industries examined: Economic activities in each
(UNESCO), national statistical institutes and ministries of
focus country were analysed for 13 industries: mining,
labour.
manufacturing, utilities, construction, trade, hotels,
transportation and communication, financial intermediation,
There are clear limits to predicting precise workforce supply
information technology (IT) and business services, public
and demand figures. This study showcases defined trends in
administration and defence, education, healthcare and
workforce development in the next two decades rather than
other services. These industries cover all secondary and
trying to give absolute numbers. Our objective is to illustrate
tertiary sectors listed by the International Standard Industrial
for policy-makers and business leaders the scale and scope
Classification of All Economic Activities in the United Nations’
of talent shortages per occupational cluster. We chose not to
system for classifying economic data (see definition of
rank the severity of talent scarcity problems.
industries in the Appendix).
Occupations examined: The occupational clusters
described in this report correlate with those used by most
national statistical institutes as well as the International
Labour Organization (ILO) to compare workforce composition
and distribution internationally. The scope of these clusters
is defined by the International Standard Classification of
Occupations (ISCO- 88, see definition in the Appendix.)16 The
definition of skills levels for these clusters is based on the
International Standard Classification of Education (ISCED)
and on the nature of the skills required to carry out the job
duties. For purposes of this analysis, “talent” is defined as the
economically active population with an upper secondary or
tertiary education and expertise critical to business.
10
11. Significant talent shortage trends expected by 2020 decreases in demand offset reductions in talent supply.
Nevertheless, China will still face a significant issue with its
Based on our quantitative analysis, significant talent workers’ employability if government spending on education
challenges are looming in the Northern and Southern does not increase. Considering for example China’s projected
hemispheres by 2020 and beyond (Exhibit 1). In the Northern talent demand trend by 2020, resulting in a compound annual
hemisphere, the expected talent gaps will be caused mainly demand growth rate of ~5%, China would need to double its
by demographic shifts – notably, the retirement of baby talent base.
boomers. For example in the United States, Germany, Canada
and the United Kingdom, immigration and expected birth Over the next decade, Western Europe’s talent supply
rates will not balance the workforce losses caused by ageing will continuously decrease, leading to almost empty talent
populations. pipelines beyond 2020, and merely reaching an average
growth rate of 0% to 1% (some countries even negative).
Southern hemisphere countries, except for Australia, report Economic growth expectations coinciding with projected
no shortage trends in numbers of people, given their expected waves of retirements will force employers to find, attract and
economic growth combined with higher birth rates and retain scarce talent.
population sizes. However, talent gaps are still anticipated
in these countries due to lower skills levels. For example Scale and scope of expected talent shortage trends by
in the managerial cluster ~70% of individuals in developed occupation
countries currently meet our definition of “talent,” compared to
~30% in developing countries. Furthermore, due to a lack of The quantitative analysis of talent shortages helps us
standardized vocational training and university degrees, only understand the scale and scope of the looming talent
~70% of technicians (such as an associate engineer) qualify scarcity by occupational cluster. The first column in Exhibit 2
as talent in BRIC countries, compared to ~90% in developed identifies the total labour demand trend per industry across
countries. BRIC countries will also be impacted by slower occupations and country categories. The remaining columns
workforce increases, but may be able to compensate with highlight an alarming gap in the occupational clusters for high
high productivity growth. and upper-medium skill profiles — managers, professionals
and technicians.
Countries such as Spain, Japan, Germany and Canada are
among those projected to face at least as severe a talent In every country category, the darker blues, representing
shortage in 2030 as they will in 2020. In other cases, such the trend toward larger talent gaps (>4% CAGR), appear
as China and Australia, the gap may close somewhat as predominantly in the columns of these job clusters.
Exhibit 1: Significant talent gaps expected by 2020 and beyond
In countries with no talent shortage trend, employability is the challenge
11
12. Exhibit 2: Worldwide highest need for professionals in 2020 and beyond
To meet these expected demand tendencies, almost all Developed countries, in particular, will experience high
industries and countries will require sizeable increases in the labour demand growth trends, peaking in the healthcare and
percentages of highly educated people in their workforces. education sectors. The higher the current talent share that
For example today roughly one-third of the manufacturing an industry represents, the lower its expected percentage
workforce in developed and newly industrialized countries change of talent in the future. For the developed countries,
has an upper secondary or tertiary education. As the the increasing complexity of design, materials and projects,
manufacturing industry responds to the growing demand for driven by the trends of customization and sustainability,
more innovative and sophisticated production methods, the triggers an expected demand for professionals in the
percentage of well-educated workers will need to increase construction industry. In contrast, demand for low-skill jobs
significantly. Demand trends for professionals in manufacturing in manufacturing and services is expected to shrink by 2020
are expected to exceed 4% CAGR across country types, (-2 and -4% CAGR, respectively) as sales become centralized
peaking at more than 10% CAGR in developing countries in and virtual.
2020 and beyond. Employees without critical knowledge and
technical skills will be left behind if they do not start to re-skill The overall industry demand profile in newly industrialized
soon. countries is similar to that in developed countries. However,
we forecast a greater increase in talent share of total
The high demand trends for professionals in industries such workforce per industry similar to that in the BRIC countries —
as construction, transportation and trade across the BRICs, specifically, in the transport, communication, construction and
newly industrialized and developing countries reflect rising mining industries. The smallest industry demand trend will be
levels of consumption and higher standards of living. By 2020, in manufacturing, but there will be considerable talent turnover
today's labour-intensive industries will experience the largest there. In newly industrialized countries the demand projection
expected talent shifts, leading to increases of 5% to 10% of for higher-skilled professionals is growing as these companies
the current share of talent within the workforce. attempt to compete globally. The demand for low-skilled
workers in the education sector is also growing, as faculty
hand off more administrative tasks.
12
13. What does it take to raise national competitiveness?
High-quality education and labour market efficiency are two of a dozen basic building blocks for a nation’s long-
term competitiveness and sustained growth. The top performers in the World Economic Forum’s 2010-2011 Global
Competitiveness Index make it a priority to nurture a pool of top talent. They also promote labour markets where workers
can shift from one economic activity to another rapidly and at low cost.
The Index defines competitiveness as the set of institutions, policies and factors that determine the level of a country’s
productivity. Productivity, in turn, sets the level of prosperity that can be achieved. The Index includes a weighted average of
components in areas such as institutions, infrastructure, education, market efficiency, technological readiness and business
sophistication.
The Index analyses the quality of the education system, enrolment rates, brain drain and the availability of scientists and
engineers. Some variables measure quantitative dimensions, while others capture the perceptions of businesses through
an executive survey in more than 130 countries. In addition to basic and higher education, the Index takes into account the
extent of vocational and on-the-job training, which is neglected in many economies, as a means of upgrading workers’ skills.
The importance of labour market efficiency was recently highlighted by the difficulties that countries with rigid labour markets
have encountered in recovering from the recession. Efficient labour markets provide a clear relationship between worker
incentives and their efforts, as well as gender equity in the workplace.
For more information, see http://private.weforum.org/reports-results?fq=report%3Breporttype%3A%22Competitiveness%22
The BRIC countries show a fairly constant overall labour Finally, in developing countries, mining has the strongest
demand growth trend across industries. For instance, in labour demand and the most need for talent in 2020 and
financial services, the BRICs will see much more change beyond. Financial intermediation is projected to have the
in their future talent line-ups than they do today, especially highest increase of talent as percentage of the total workforce
when compared to that in developed and newly industrialized compared to all other industries in developing countries by
countries. This underscores the urgency of investments in 2030 (between 6% and 8%). The demand trend for high-skills
upskilling and reskilling in this industry. The demand trend in positions – management, for instance – is expected to peak
clusters such as manufacturing professionals will grow sharply beyond 6% CAGR in mining and utilities by 2020. However,
as more sophisticated products are developed. Labour considering an average compound growth rate of projected
demand trends in commodities industries – for example, in demand for managers across industries of ~3% CAGR by
mining – will grow steadily (~3% CAGR) because the BRICs, 2020 in developing countries, this outcome is surprising,
rich with natural resources, are consuming an increasing given that these countries are several steps behind developed
proportion of these resources to drive growth (China) or to countries in this area. After all, the skills required to run the
increase exports (Russia and Brazil). The world’s greatest small businesses common in emerging nations are different
labour demand in construction is found in China and India, from those required to manage much larger organizations in
which is not surprising, given the need to house millions of developed countries.
people.
13
14. Exhibit 3: Megatrends and industry trends shaping demand for future exemplary key jobs
Exemplary key jobs in developed countries by 2020
Global trends shaping demand for skill sets
Why green jobs are not yet red-hot
Even though the virtues of jobs that support environmental
“We are in the middle of a revolution of the
sustainability are well recognized, there are still big gaps in
organization of work.” how businesses and governments go about creating and
supporting those jobs.
– Dennis J. Snower, President, Kiel Institute for the World Economy
First, there is the challenge of definition. Green jobs
Macroeconomic trends will add to the pressure to find people touch on a range of skills, educational backgrounds and
with the right skills. For example, when 2 billion people occupational models; they exist all along the supply chain
worldwide have no access to electricity – and another 2 billion of what are considered to be green businesses.91 Some
have only limited access – infrastructure spending will grow have much more immediate benefit for the environment
in the decades to come, creating huge demands for talent than others.
across a wide range of vocational and professional skills.17
In our qualitative analysis, we took into account the global For example, most people would agree that a technician
megatrends that affect every industry as well as industry- who installs solar panels has a green job and requires
specific trends that will shape job markets. As jobs change, special skills to perform that job. But are the receptionist
the skill sets they require will also change. The demand and the sales representative for the solar panel installation
for talented workers in three job clusters – professionals, firm performing green jobs? Their skills are horizontal.
managers and technicians – will rise dramatically. Exhibit 3
demonstrates these points for the developed countries. Then there is the question of quantity. It is clear that green
job growth is surging, however, it may still not be enough
For example, the industry-specific driver of eco-friendliness for tomorrow’s needs. The Boston Consulting Group’s
and the global trend of sustainability are shaping the skill sets most recent study on alternative energy reveals that some
that will be required construction jobs. Engineers capable of green sectors are maturing rapidly. For instance, solar
integrating green technologies into current practices will be photovoltaic technologies will achieve cost-competitiveness
in particularly high demand, as will town and traffic planners in sunny regions in just five to 10 years. And advanced
who can tackle the challenges of ageing and develop energy- biofuels are moving rapidly down the cost curve. 92
efficient infrastructure. According to recent UN and ILO studies, in just two or
14
15. three decades the entire global economy will need to be 3. When employees have the upper
well on the way to being low-carbon and sustainable.93 hand
Another issue is the North-South divide. While the United
Nation’s Environmental Programme report demonstrates "During the agrarian revolution, the most
that green jobs are now being generated worldwide, the important resource was land. During the industrial
bias is still toward the developed world. These same revolution, it was capital and machinery. In post-
countries account for some 80% of the world’s workforce. industrial society, it is increasingly knowledge.
China and Brazil seem to be making progress, but far more
Consequently, the growth of the ‘knowledge class’
must be done if green employment is to become a truly
global phenomenon, notes the UNEP. The underpinnings will constitute a larger part of the labour force, if
are there: ILO research indicates that across Asia, roughly not the largest."
20% of government stimulus funding is going toward key
– Rakesh Khurana, Marvin Bower Professor of Leadership Development,
climate change initiatives. China is the forefront in absolute
Harvard Business School18
terms.
With talent gaps widening, competition for the highly skilled
Favourable government policies will be critical to driving
will intensify. The coming decades will present golden
growth in green jobs. For example, in the United States, the
opportunities for well-educated people with critical expertise.
Boston Consulting Group has modelled an extremely wide
So deep and widespread will be the talent gap that individuals
range – 85% to 300% increase in green jobs for the energy
willing to migrate will have unprecedented options.
efficiency, power generation and transportation sectors –
based largely on different policy positions.
The challenge is one of diversity as well as numbers. In a
global economy, companies must be able to deliver localized
The requirements for manufacturing jobs are changing due products at the right price and with the right branding strategy
to the proliferation of flexible, computer-aided manufacturing to customer segments all over the world. They need a
systems. To fulfil customers’ expectations for personalized diverse and geographically dispersed workforce with intimate
products, from cell phones to shoes, companies will knowledge of and capacity to deliver to these different
need managers skilled in the logistics of distributing these segments. For example, women control or substantially
products. Manufacturers will also need programmers for influence 65% of the world’s US$ 12 trillion in yearly
customized software as well as marketing and public relations consumer spending, according to BCG estimates, providing a
professionals. compelling reason to assemble teams to market to women in
different regions.
As Exhibit 3 shows, the trend of ageing/wellness – as distinct
from disease treatment – is changing jobs in the healthcare Organizations will be competing for and investing in top talent.
industry. Ageing populations will drive strong demand for They will need to build inclusive talent pipelines and effective
geriatric doctors, physical therapists and social workers. mechanisms for workforce training and re-training. That will
apply just as much at top-management levels as it does on
the factory floor. The central idea is retention: employees need
to have – and be able to see – avenues along which their
careers can grow.
Developing skill sets across the workforce will narrow the
disparities between privileged and underprivileged groups,
partly by uncovering capabilities in less-well-educated
people that can be nurtured through mentoring and other
opportunities. Some companies already include virtual
training, business simulations and peer training in their
development portfolios. However, there is a growing need
for innovative and efficient training opportunities inside and
outside of companies.
In a time of scarcity, companies and countries will need to be
creative in identifying under-utilized or underdeveloped pools
of talent and in customizing their recruiting and migration
strategies. Women represent the largest pool of potential
talent. Many well-educated women who leave the workforce
for familial or cultural reasons are currently not being enticed
to return. Even the world’s leading organizations are failing to
make the most of the skills of the women who are working.19
15
16. There are other pools of talent worth investigating. Talent is The United States, often perceived as the best location for
not defined by age. Many older employees or retirees have top scientists and engineers, is strongly relying on immigrant
a wealth of technical, managerial and interpersonal skills. contributions. Foreign nationals are authors on the majority
Developing countries represent new talent sources, as do of patent applications filed by many US companies: 65% at
second- and third-generation migrants, who often speak Merck, 64% at GE and 60% at Cisco.23
several languages and easily straddle different cultures.
The tide is beginning to turn, however, as more countries
University graduates and students are the usual talent targets. work harder to woo their talent to return home and as tighter
People with tertiary education have traditionally been more immigration policies reduce the numbers of students allowed
mobile than those with lower levels of education. Students to study abroad.
and graduates alike have flocked to developed countries,
when immigration policies allowed, as shown in Exhibit 4. Currently, more Indian immigrants are moving back to India
In 2007, UNESCO estimated that over 2.8 million students from the United States than are moving to the United States.
were being educated at the tertiary level in countries other “What was a trickle has become a flood,” says one reverse
than their homes. The numbers of those studying abroad will immigration expert about the first brain drain in American
increase significantly in the future, according to Project Atlas, history24. Career opportunities, quality of life and purchasing
a research network, tracking migration trends of the millions power are all reasons given for this reverse tide. Waits of up
of students who pursue education outside of their home to a decade for permanent residency in the United States has
countries each year.20 further spurred reverse migration.
Competition for international students has already heated “The world is moving ahead in more integrated
up. Education USA, a governmental agency, has more than product markets of goods and services, in capital
450 advisory centres worldwide that recruit foreign students markets and cross-border investments, and yet
to study in the United States.21 China offers stipends, health
we seem to want to hold up a stop-sign to labour
insurance and travel expenses to many foreign students. In
2007, the China Scholarship Council awarded 10,000 full
mobility.”
scholarships – at a cost of 360 million yuan (US$ 52 million)
– Daniel Griswold, Director of the Cato Institutes25
– to international students and aims to double the number of
awards by 2020.22
Exhibit 4: English-speaking countries still at the forefront of international student destinations but others,
such as China, on the rise
16
17. Walking in skilled employees’ shoes
One characteristic will define the highly skilled workers of the savvy, mentally flexible and committed to learning new skills
coming decades: geographical and virtual mobility. These and reinventing themselves to achieve meaningful careers.
prized employees will know how to network, they will create Many, particularly those under age 40, will be willing to move,
billions of pieces of content to be shared on social media temporarily or permanently, to new locations to pursue
channels, and many will actively manage their “reputation opportunity.
capital”. These men and women will be technologically
Becoming the company or country of choice
“To this day, America reaps incredible economic rewards because we remain a magnet for the best
and brightest from across the globe. … And in an increasingly interconnected world, the diversity of
our country is a powerful advantage in global competition.”
– US President Barack Obama, July 2010
What springs to mind when someone says “Germany” or “Latvia” or “Malaysia”? Do those names create positive images in the
minds of prospective employees? They should.
To attract mobile talent, companies and countries must brand themselves. They must define their core propositions, values,
personalities, culture and competitive advantages. Then they must promote that brand and sell themselves as a location of choice
for talent of the highest calibre.
This task requires understanding of and communication with the many generations and nationalities of talent. As with customers,
there is no “one-size-fits-all”. Customized approaches are necessary for different ages, sexes and nationalities, based on their
preferences, cultural expectations and lifestyles. Companies and countries need human resources functions that tailor the message
to millennials as well as to retirees, to a German mother with a PhD as well as to a Chinese graduate student. Beyond creating
a brand, organizations must establish the core values of their brands by fostering an immigration-friendly environment within a
welcoming, inclusive society.
“Host countries need to deal better with diversity and multiculturalism to attract talent. We need to
welcome migrants not only because they support our economy but because people from different
cultures are enriching our countries”
– Bob Elton, Executive Chair, Powertech Labs Inc., Canada
With the positioning message defined, countries and companies need to lay claim to the brand’s position in the minds of skilled
workers all over the world. There are many options in the corporate media space – opportunities such as green technology research,
funding schools and hospitals and infrastructure, all in line with the brand’s value and purpose.
The most important channel for fostering international public awareness and building goodwill, however, is social media/Web 2.0.
Social media is an important channel for distributing customized marketing messages to talent everywhere. The volume is definitely
17
18. there: roughly three-fourths of Internet users visit social networks. Facebook claims 500 million users who share more than 30
billion pieces of content (web links, news stories, blog posts, notes, photo albums, etc.) each month.80 Indeed, there are more texts
circling the globe each day than there are people on the planet.81
“Domestic identity of people is going to decrease. Look at what our children are doing online, how
they communicate worldwide. Virtual mobility will be huge in the future.”
– James H. Wall, Global Managing Director, Talent Solutions and Chief Diversity Officer, Deloitte
Social media should be viewed as a communication platform, not as a one-way channel for pushing specific messages. The
same principle applies to reaching talent as it does to reaching customers. The greatest momentum for a brand in social media is
when people “take up the flag” of the brand and carry it forward. Thousands of positive comments and recommendations may be
generated in an hour or two, from every corner of the globe. However, so can negative commentary. That is why more and more
companies are setting up formal structures to monitor social media and to ensure that their brands are properly represented in the
digital world.
The expectations of this internationally mobile (geographical These workers will be unwilling to spend much time on routine
or virtual) creative class will be different from those of their and rule-based tasks; they will demand strategic challenges
forebears. Understanding these expectations will help and responsibility for important matters. To prepare for these
organizations retain and develop talent, and will help countries responsibilities, talented people will expect on-demand
provide the necessary framework (Exhibit 5). training in areas important to their careers as well as to the
company’s profitability.
Talented people seek challenge and stimulation, recognition
and respect, compensation commensurate to their In the past, career success was seen as a vertical path. In
contributions and colleagues of similar calibre.26 Young the future, success is more likely to be a trellis of horizontal
people’s expectations for their work lives contrast starkly with and diagonal moves, even between industries. Employees’
those of their parents. Instead of adjusting their lives to the perspectives will be more international and cross-cultural than
job, these new workers expect to adjust their jobs to their national or local. Top talent will team up with employers to
lives. Instead of long-term relationships with their employers, create meaningful work rather than accept assignments to
they will be satisfied with a planning horizon of two to five gain security and a salary.
years.
In the past, the company was the long-term provider; in
”The companies that offer real recognition will the future, the mobile class will provide for itself. A world
keep the talent; the company that is not able to of choices allows talented people to raise the bar that
provide recognition and meaning will crack.” companies must meet to hire and retain them. The interesting
question is how meeting this bar will generate value and drive
– Lord Michael Hastings of Scarisbrick, Global Head, Citizenship and the bottom line.
Diversity, KPMG International, United Kingdom
Exhibit 5: What talent wants
18
19. 4. Redrawing the talent landscape: seven responses
Exhibit 6: More than 300 good practices on managing talent scarcity
Addressing the talent crisis requires increasing the mobility “The formula [for making America the wealthiest
of people, skills and credentials. With this understanding of country in history] was very simple: build this
mobility, it is possible to identify best practices clustered into really flexible, really open economy, tolerate
seven dimensions of response. Countries and organizations creative destruction so dead capital is quickly
can apply these practices as catalysts for dialogue and action. redeployed to better ideas and companies, pour
Our literature research and interviews with over 100 experts into it the most diverse, smart and energetic
and practitioners allowed us to develop recommendations immigrants from every corner of the world and
and innovative practices for each of the seven response then stir and repeat, stir and repeat, stir and
dimensions. We considered the needs of various stakeholders repeat. … [The] core driving principle should be to
by involving experts from corporations in many sectors, stimulate everything that makes us smarter and
multinational organizations, governmental experts and attracts more smart people to our shores. That is
academia (Exhibit 6). the best way to create good jobs.”
The hundreds of examples gathered for the study were – Thomas Friedman, Columnist, Foreign Affairs, The New York Times27
scored according to: urgency, innovativeness, effectiveness,
practicality, level of implementation risk, timeliness and What can governments do to develop a talent-friendly
endorsement by the Forum’s Global Agenda Council on brand and ensure they have the workforces they need to
Skills and Talent Mobility (GAC) or the Steering Board (SB) prosper? How can corporations adjust their recruiting and
of the Forum’s project on talent mobility. From the refined list retention strategies to the talent scarcity ahead? And how can
of examples, we selected a set of good practices based on academia and other stakeholders foster talent mobility, in the
distribution (industrial and regional) and diversity. broadened sense of the term (Exhibit 7)? To point the way, we
provide recommendations in the blueprint for action with each
of the seven responses.
19
20. Exhibit 7: Seven Responses to the Global Talent Risk
Response 1: Introduce strategic workforce future workforce supply and demand. A mere 6% have begun
planning developing retention, recruiting and talent management
strategies for the job families at greatest risk of a talent gap.
Strategic workforce
Putting the necessary modelling tools in place is an issue, but
planning is the
the mismatch between human resource (HR) and strategic
cornerstone planning horizons is another. Most companies have an HR
of fact-based planning horizon of only one to three years. However, five to
human resource 10 years is typically required to train personnel in complex
management. This skills, set up vocational trainee programs for jobs in need
discipline enables and establish recruiting strategies for specific job families.
public and private Therefore, organizations will not be able to fill critical gaps
organizations to for professionals, technicians and managers in 2020 unless
determine their talent workforce-planning tools are developed and used now.
risk (the size of any gap or surplus) and its urgency – and
then to address these imbalances through of the right set It is just as important for cities and countries to conduct
of measures. strategic workforce planning as it is for companies to
determine required job families. This should be at the top of
the agenda for governments at every level. Otherwise, they
First, job families, based on required qualifications,
risk implementing fragmentary measures and ultimately being
are defined, clustering jobs group broadly to foster
unable to find enough skilled employees to sustain growth.
transparency and cross-perspectives beyond business
units. Then, labour supply modelling, taking natural
Strategic workforce planning gives governments the
fluctuations and retirement into account gives an accurate
necessary tool for determining which skill sets will be needed
picture of the composition, age structure and capabilities of
to fill gaps. Acting on that information, government can act to
the future workforce. Finally, future demand for employees,
fill those gaps, such as by raising migration quotas for those
derived from factors like productivity developments, skill
shifts per job family, expected technological changes and skill sets or creating a variety of economic incentives.
further strategic assumptions, is analysed within different
scenarios to predict future growth rates of different job “To foster economic growth, we need vast
families.28 After simulating personnel supply and demand amounts of expertise, know-how and technical
the identification of the gap between the two reveals skills. An economy has to plan now in order to
potential capacity risks and offers medium- and long- ensure the matching supply in 10 years from
term transparency, allowing a company or government now to stay competitive. It is crucial to have a
to develop concrete measures for job families in need for systematic method to gauge and respond to
action.29 demographic risks in light of the organization’s or
state’s strategic objectives.”
Most companies are far from having an accurate talent
picture. According to a recent BCG survey,30 only 9% of
– Rainer Strack, Senior Partner and Managing Director, The Boston
corporate respondents have adequately analysed their
Consulting Group31
20
21. Best practices: plan ahead
British Columbia gives immigrants their due
A number of corporations have introduced strategic Immigrants do not always receive a generous welcome
planning and quantitative talent analysis to uncover potential from host nations. Many professionals find themselves
shortages and surpluses. With this knowledge they are able under-employed in their adopted homes — scientists who
to determine strategic actions, hire staff with needed skills drive taxis, engineers who work as security guards and
or transfer excess employees to categories with potential physicians who perform in janitorial jobs. Those scenarios
shortages. Deutsche Telekom for example, a leading global are typical for professionals from emerging nations and
telecommunication operator, introduced strategic workforce common for those who have not mastered the host
planning in 2008, starting with the definition of job, families nation’s language.
and the identification of skills it expects to need in the future.
By forecasting supply and demand, Deutsche Telekom could British Columbia sees this as a waste of valuable skills. The
uncover potential shortages and surpluses. With this crucial provincial government created the Immigrant Employment
knowledge Deutsche Telekom was able to systematically Council of British Columbia (IECBC) to offer tools for
determine strategic actions, hire people with needed skills or employers, including a database of immigrants looking for
transfer excess staff to categories with potential shortages.32 work, reflecting their knowledge and experience.101 IECBC
Also, RWE AG, a European utility, introduced a group-wide officials screen the qualifications and skills of immigrant in
skills management system to track the many different skills the database to ensure accuracy.
available within the group and use them according to its
needs.33 IECBC helps British Columbian employers access
the full potential of these workers. The agency offers
workshops to employers on enhancing competitiveness
through internationally trained personnel, identifies current
Malaysia puts a premium on training, matching immigrant mentoring programmes and explores best
and migration mentoring practices.102
Malaysia’s economic vision is to become a developed
country by 2020. To do so, it knows that it must have British Columbia’s programme dovetails with the Pan-
world-class talent. 82 Canadian Framework for the Assessment and Recognition
of Foreign Qualifications, which describes the steps
With that goal in mind, Malaysia launched its 10th Plan, that governments should take to promote successful
emphasizing human capital development and talent immigrant labour market integration.103 The framework
mobility. The plan will overhaul the country’s education urges: “Governments must take concerted action on the
system, upgrade vocational and professional training, assessment and recognition of foreign qualifications in
make the labour market more flexible and retain and attract order to create an environment where immigrants are able
talent. to apply their talent.”104
The plan will benchmark student performance against
international standards and attract and develop top Québec, Abu Dhabi and Malaysia have programmes to
teaching talent. Efforts to improve labour flexibility include achieve holistic and strategic human skills management.
reforming policies governing the use of unskilled foreign
workers. A talent outreach will engage the Malaysian The Toronto Region Immigrant Employment Council (TRIEC),
diaspora and make the nation’s cities more desirable for matches immigrants’ skills with available jobs, a form of
skilled foreign professionals. workforce planning. A dozen companies participate in TRIEC’s
mentoring programme, which teaches immigrants Canadian
Malaysia is one of the most developed of the emerging business culture. Another TRIEC programme has established
markets, with enviable education levels and a stable, multi- standardized, easy-to-understand qualifications for potential
ethnic society. The nation scores well on the United Nations IT staff. “We are a big user of IT and it makes sound business
“Education for All” report.83 English is widely spoken and sense for us to work with TRIEC and other employers to tap
taught in schools. Malaysians are diverse and multilingual. into the pool of resources represented by recent immigrants,”
said an American Express Canada executive involved in the
However, Malaysia faces significant long-term challenges. programme. The Immigrant Employment Council of British
Its education levels still fall short of those needed to realize Columbia (IECBC) offers tools for employers, including a
the nation’s knowledge-economy targets, according to database of immigrants looking for work.
Prime Minister Najib Razak.84 Malaysian employers look
overseas for talent. The World Bank says that unless
Malaysia adds value to its economy, it will be caught in a
“middle-income” trap – unable to continue to compete in
high-volume, low-cost products and materials and blocked
from moving up the value chain.
21
22. Strategic workforce planning: blueprint for action
Companies Governments
Establish accessible institutions to model workforce demand
Define job families and future critical skills. and supply.
Model workforce supply and demand with a five to 10 year Initiate a common international standard on strategic
planning horizon. workforce planning parameters and methodology.
Undertake a gap analysis to uncover potential shortages and Use strategic workforce planning for a flexible migration
surpluses. system.
Perform strategic workforce planning for government
Link workforce planning to the company’s business strategy. institutions.
For employment agencies: Introduce job families to
Systematically determine actions from gap analysis; develop match skill sets for job demands – linked to a qualification
skills database for potential job rotations. framework.
Build alliances between ministries of economics, education,
Inform employees of the skills they will need in future growth labour and migration on skills planning to foster the links
areas. between academia, business and government.
Response 2: Ease migration Even as world economies recover, immigration will remain a
politically sensitive issue. The recommendations in this report will
The economic downturn has be more successful if leaders communicate to the public that
triggered more restrictive talent mobility is a driver of economic growth.
immigration policies. Across
Best practices: simplify migration policies
the globe, countries are
reducing quotas, setting Foreign-born workers with university or equivalent qualifications
tougher entry requirements make up just 2% of the European labour market, compared with
and refusing to renew 4.5% in the United States, 8% in Australia and nearly 10% in
temporary work permits even Canada.37 To change that trend, the EU has adopted a Directive
for highly skilled workers. that establishes a fast track procedure for residence and work
permits analogous to the green card in the United States.
Some governments require employers to terminate foreign
workers first during layoffs. Others offer migrants financial With this card, highly skilled developing-country nationals with
incentives to return to their home countries or make the a job offer in an EU country can immigrate with their families for
knowledge of the language a requirement for a resident up to four years. However, even with this good start, European
permit. Restrictive governmental reactions have been countries could do more to foster migration. Transparent, fast and
mirrored by public demonstrations against job losses, ill- flexible migration schemes are needed, and each country needs
informed outcries to force immigrants “back to where they to rethink its brand to attract more highly skilled migrants.
belong”, discrimination and racial profiling.
For example, the United Kingdom has replaced a confusing
Before the global recession, high- and low-skilled tangle of 80 work permit and entry schemes with a points-
immigrants were covered by different policies. Skilled based system. The principle is simple: “The more skills you have,
migrants fill critical gaps that exist regardless of economic and the more those skills are in demand, the more points you
conditions. They are thought to present fewer assimilation gain, increasing your likelihood of entry to the UK.”38 Canada
challenges than low-skilled immigrants, who typically enter and Australia have also set up points systems to improve
or stay illegally.34 However, in response to public outcries selection objectivity. Their “two-step” migration process helps
over the past two years, countries have chosen to protect migrants, especially students, quickly transition from temporary
their native highly skilled workers through stricter policies, to permanent resident status, thereby improving the chances of
rather than liberalizing immigration policies for the highly keeping them in the country.39
skilled.35
In contrast, in other countries students receive no working permit
To fill future critical gaps, efforts to loosen restrictive or a visa for only one additional year after finishing their studies.
migration must begin now. Developing a migration-friendly
culture and brand is important to foster migration of talent. Singapore has established transparent policies and a rapid
Branding can be done by regions, national governments visa process for highly skilled communications professionals.
and cities. Denmark has opened a Work in Denmark The government has worked with companies and recruiters to
Centre in New Delhi,36 with a website providing information assemble a strategic skills list. Tax benefits encourage companies
on green cards, qualifications and visa requirements. to send both foreign and local talent to top universities abroad,
The economic downturn has made it harder for with the condition that these individuals return to work for the
governments to promote long-term immigration policies. company for a specified length of time.
22
23. China’s Thousand Talent Initiative40, designed to attract
Building a direct labour pipeline between specialists to China, offers each recipient 1 million Yuan (US$
Québec and France 146,000) annually along with medical care and pensions.
The President of the French Republic, Nicolas Sarkozy, and
the Premier of Québec, Canada, Jean Charest, took the While migration policy is a governmental concern, companies
initiative and agreed, during a meeting at the élysée Palace have opportunities to foster a migration-friendly culture. Some
in July 2007, to establish and conclude an agreement are implementing social and labour rights agreements in order
between Québec and France to facilitate access to to protect workers, including migrants. Cisco has established
regulated trades and professions from both jurisdictions. in India a second headquarters, its Globalization East Center,
and has transferred many senior managers there. Companies
Signed in 2008, the agreement will significantly such as Whirlpool have started to hire locally in India and to
send staff abroad. These HR policies promote diversity but
improve labour mobility between Québec and France.
must be premised on a foundation of creating an open and
Representatives of 68 trades and professions in Québec
welcoming culture.
have already signed mutual recognition arrangements
(MRAs) with their French counterparts, and other MRAs
are still in negotiation. These arrangements determine Singapore attracts highly skilled foreigners
under what conditions professional qualifications will be Singapore has attracted many more higher-skilled, better-
recognized, so that a lawyer, midwife or electrician can educated foreigners in recent years as a result of intensive
easily work in the other territory. recruitment and liberalized eligibility criteria.
Once a profession or trade is covered by a MRA that has Most skilled professionals come from the United States,
been implemented, an applicant can qualify online and get the United Kingdom, France, Australia, Japan and
on a fast track to get a permit to practice his profession South Korea. In 2006, skilled workers and professionals
or trade in the other territory. Nationality is not an issue; accounted for 13.4% – about 90,000 – of Singapore’s total
a qualified German, say, who studied in France and has non-resident population.
a French diploma and legal authorization to practice his
Since the 1990s policies have been introduced that target
profession or trade there would also be able to get the
the highly skilled in non-traditional source countries, such
permit to practice in Québec. as Malaysia, China or India. Highly skilled workers hold
employment passes that allow them to bring their family
Implementing an MRA can take six to 12 months, because members, and they are not subject to levies. Those with
it involves a number of consultations on both sides, namely “P” passes generally hold university degrees and seek
with professional associations and ministries. professional, administrative, executive or managerial jobs,
We are now in the early stages of the implementation of while those with “Q” passes earn smaller salaries and
each agreement and the level of interest of citizens on both usually have evidence of acceptable degrees, professional
sides of the Atlantic is very high. qualifications or specialist skills. A new category introduced
in 2004, the “S” pass, assesses applicants on a points
For updates on the MRAs, visit the following website: system, taking into account multiple criteria including
http://www.mri.gouv.qc.ca/en/grands_dossiers/ salary, education qualifications, skills, job type and work
qualifications_professionnelles/index.asp experience.86
Ease migration: blueprints for action
Companies Governments
Establish multilingual and virtual company presence to recruit Design simple, transparent and well- communicated migration
beyond national borders and neighbouring countries. policies.
Establish point-based immigration systems based on
Seek expertise in immigrant pools while investing in the strategic workforce planning and reduce burdens for
development of current employees. companies employing immigrants in key strategic skills.
Set up unilateral or multilateral arrangements to recognize
Recruit beyond national borders and neighbouring countries. skills, e.g. by matching qualification frameworks.
Foster a migration-friendly culture. Facilitate the free flow of remittances.
Brand your company internationally as “talent friendly”. Brand your country internationally as “talent friendly”.
23