Talent mobility and Competitiveness Isabel de Sola 18 June 2012 - PowerPoint PPT Presentation

Talent mobility and Competitiveness Isabel de Sola 18 June 2012

Significant talent shortages expected by 2020 and beyond In countries with no talent shortage trend, employability is the challenge Strong talent shortage trend Talent shortage trend Low/no shortage trend Strong employability challenge Medium employability challenge Talent gap trend 2010 – '20 2010 – '30 Source: BCG analysis

Definition of Talent Mobility We define Talent Mobility in its broadest terms by including the movement of workers temporarily and / or permanently across Macroeconomic factors geographies, industry sectors, occupations Governments Institutions and organizations, as well as virtual mobility and the movement of jobs to people. Community Individual mobility Job mobility As an important part of the solution to talent “people to jobs” “jobs to people” Individual shortages and skills gaps , talent mobility should be combined with workforce planning, Sectors/ talent development and diversifying talent Businesses Industries pools. Microeconomic factors 2

Flexibility of Labour and Competitiveness

Efficient Use of Talent and Competitiveness

Brain Drain and Competitiveness

Set of seven responses to global talent risk developed 3 Companies Companies • Engage in PPP's to ease migration • Build diverse leadership • Involve in certification/recognition of • Share success stories skills at industry level • Pilot the "Google-approach" 2 Ease Migration Foster Brain Governments Governments • Facilitate free flow of remittance Circulation • Mutual Skill Recognitions • Brand your country 4 • (Diaspora) Networking • Ease skilled migration policies Introduce Develop a Strategic “Talent Trellis” Companies Companies Workforce • Job Rotation for lifelong learning • Make HR part of corporate strategy • Virtual internships/work- • Shift to talent analytics Planning schemes • Develop skill database • Short-term assignments 1 Governments Governments • Strategic human capital • "Two step" migration (students) management • Express Short term visa Encourage 5 • Analyze future skill shifts • E-learning for free Increase Temporary & Employability Virtual Mobility Extend the Talent Companies Companies Pool • Build solid vocational training • Discover women! programs • Fish in nonconventional ponds 7 • Mentoring/ Buddy programs as pro • Become "Employer of Choice" 6 bono opportunity Governments Governments • Adapt retirement policies • Entrepreneurship education • Share publicly best practices on Companies • Set up internship platform diverse working environments • "Lattice is the new latter" • Train & retain Governments • Profit from Diaspora • Target the young with blue collar/ Source: BCG analysis migration background