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Bruno Lanvin Executive Director for Global Indices Fondateur et co-auteur du GTCI INSEAD of the Global Talent Competitiveness Index, INSEAD Who competes for global talents, how and why ? A few lessons from five years of GTCI

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Page 1: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Bruno Lanvin Executive Director for Global Indices

Fondateur et co-auteur du GTCI INSEAD

of the Global Talent Competitiveness Index, INSEAD

Who competes for global talents, how and why ?

A few lessons from five years of GTCI

Page 2: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 2

The GTCI is a multi-stakeholder effort

Talal Abu-Ghazaleh - TAG Org Thierry Breton - Atos Origin Peter Cappelli – Wharton School Arnoud De Meyer - SMU Yoko Ishikura – Hitotsubashi University Mats Karlsson - World Bank Vineet Nayar - HCL Technologies

Research undertaken by INSEAD

INSEAD Academic Network & International Advisory Board

Three partners: the Human Capital Leadership Institute and Adecco, with INSEAD

Independent statistical audit by the Joint Research Centre of the European Commission

Page 3: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 3 VT = Vocational & Technical GK = Global Knowledge

A tool for Action covering 118 economies

Page 4: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 4

A Benchmark tool for Policy Makers

Each Country Profile shows: 1 – Key indicators

2 – Radar Chart of the country’s performance vis-à-vis its income group

3 – Scores and Ranks of the Country in 61 variables

In the Data Tables each country’s normalised score and corresponding rank on the 65 variables is presented.

Page 5: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 5

Talent and GDP G

TCI S

core

Page 6: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 6

The top 20 of GTCI 2017 (out of 118 countries)

GTCI 2017 Ranking

1. Switzerland 11. Netherlands 2. Singapore 12. Ireland 3. United Kingdom 13. Canada 4. United States 14. New Zealand 5. Sweden 15. Iceland 6. Australia 16. Belgium 7. Luxembourg 17. Germany 8. Denmark 18. Austria 9. Finland 19. United Arab Emirates 10. Norway 20. Estonia

– Openness is critically

important

– Employable skills are the goal

– Balancing Global Knowledge Skills and Vocational Skills is a key to success

– Mobility has become a key to talent development

– Technology is rapidly and invisibly changing the talent scene

Page 7: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 7

An example of application of GTCI’s learnings at country level : Luxembourg

Luxembourg is excellent at attracting (2nd) and retaining (3rd) talent. However, its areas of strengths are sometimes those in which spectacular progress can still be made. Luxembourg’s GTCI strengths … 1. Enablers : Political stability (2), ICT infrastructure (1) 2. Attract : External openness is high (3rd) and gender earnings gap is

smallest in the world 3. Retain : pension system is best in the world, and taxation ranks 9th. … and weaknesses 1. Enablers : low on competition policy (58th) & ease of doing business

(57th) 2. Enablers : low on business and labor landscape, due to poor labor

market flexibility (ease of redundancy: 63rd in the world, ease of hiring : 104th!)

3. Attract : Luxembourg ranks low on female graduates (72nd)

Page 8: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 8

A closer look at Luxembourg’s talent

Page 9: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 9

Routine work is disappearing… New economy organisations are different… The pace of innovation is getting faster.

Basic literacies (including learning-how-to-learn)

Vocational or technical skills

Social & project skills

CAREER 3

CAREER 2

CAREER 1

What does this imply?

Page 10: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 10

Some policy implications

Educational Policy

Employment Policy

Connectedness among stakeholders

The “salaried employee” was a 20C blip 30% of the population today are “free agents”

Labour market regulation

Flexibility Social Security

Active labour market practices

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Lifelong learning will help you ensure that you will not be replaced by a robot

Creativity

Co-operation

Complexity

Communication

AI vs 4 Cs

Bruno Lanvin, 2016

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Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 12

GCTCI and GTCI share the same DNA, but are not comparable.

This is a beta version which will undergo significant improvements as more data become available.

Geographical coverage (46 cities currently) will increase.

Inter-city cooperation will be critical to achieve these objectives.

Introducing the cities dimension of talent competitiveness (GCTCI) – Luxembourg as a global city

Page 13: Who competes for global talents, how and why - … Lanvin.pdfWho competes for global talents, how and why ? ... Independent statistical audit by the ... we need to rethink HR management

Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 13

Findings from the first GCTCI

HELSINKI Finland

COPENHAGEN Denmark 1 ZURICH

Switzerland 2

3 SAN FRANCISCO

United States 4 GOTHENBURG

Sweden 5 MADRID

Spain 6 PARIS France 7

LOS ANGELES USA 8

EINDHOVEN Netherlands 9

DUBLIN Ireland 10

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Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 14

GTCI 2017 Key messages (1 of 2)

MESSAGE 1: Think beyond automation – A profound transformation of social systems is underway (organisation, careers, educational and employment systems). MESSAGE 2: Technology is changing the nature of work. Collaborative work and co-creation; from salaried employment to “free agents”; we need to rethink HR management. MESSAGE 3: Technical skills PLUS social/project competence is the new talent profile. MESSAGE 4: Educational and employment policies must adapt to the transformational changes of the fourth industrial revolution.

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Global Talent Competitiveness Index 2017, Bruno Lanvin – OECD, 11 October 2017 15

GTCI 2017 Key messages (2 of 2)

MESSAGE 5: Successful transformational change is most likely to occur where there are strong ecosystems. With the incredible velocity of the changes, collaboration between government, cities, business and education is imperative. MESSAGE 6: National strategies have started to reflect the changes, but too slowly. Many countries are putting their populations at risk by looking backwards rather than forwards. MESSAGE 7: Cities and regions are showing the way. In the future, some of the best and innovative talent competitiveness practices will come from cities rather than countries.

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http://global-indices.insead.edu/gtci/

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