GTCI – An OverviewJanuary 24, 2014
Launched for the first time in 2013, the Global Talent Competitiveness Index (GTCI) is an annual benchmarking report that measures the ability of countries to compete for talent. The report ranks over 100 countries according to their ability to grow, attract and retain talent.
The GTCI combines the academic research and expertise of INSEAD, the international business school, and Singapore’s Human Capital Leadership Institute (HCLI) with the business experience and perspective of Adecco, the world leader in Human Resources solutions.
Today, over 200 million people are unemployed and almost 1 in 2 jobs are at risk due to the increasing sophistication of automation. At the same time, an ageing population presents additional challenges: by 2030, younger generations are predicted to halve and those over 65 will be the fastest growing population group, which will result in a labour shortfall in countries like Germany, Brazil and China.
Talent – not trade, not capital – is the most powerful element to turn challenges into solutions. Developing the right people with the right skills and getting them in the right place at the right time has never been more urgent, nor more complex.
Much more than an international league table of talent, the GTCI report provides a tool-kit for governments, businesses and non-profit organisations to improve their talent management capabilities.