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JRC Supports 2017 Global Talent Competitiveness Index

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Composite Indicators

date:  30/04/2018

For the fourth time the JRC has been invited to contribute its statistical expertise to the Global Talent Competitiveness Index (GTCI), a global benchmark of attracting talent developed by the Institut européen d'administration des affaires (INSEAD) which was launched at the World Economic Forum Annual Meeting in Davos on January 16th 2017.

The JRC has provided a rigorous statistical analysis of the GTCI 2017 based on its long-standing expertise on composite indicators. The analysis has been used to improve the GTCI and to ensure that it is developed using the highest standards in composite indicator methodology.

The GTCI measures how countries grow, attract and retain talent, providing a resource for decision makers to develop strategies for boosting their talent competitiveness. The theme of this fourth edition of the GTCI is Talent and Technology: Shaping the Future of Work.

The 2017 report explores the effects of technological change on talent competitiveness, arguing that while jobs at all levels continue to be replaced by machines, technology is also creating new opportunities. However, people and organisations will need to adapt to a working environment in which technology know-how, people skills, flexibility and collaboration are key to success, and in which horizontal networks are replacing hierarchies as the new leadership norm. Governments and business players need to work together to build educational systems and labour market policies that are fit for purpose. 

Switzerland and Singapore occupy the top spots in GTCI 2017, with four Nordic countries in the top 10 (Sweden, Denmark, Finland and Norway). The United Kingdom and the United States rank third and fourth respectively.

More information on the GTCI and the full report with the JRC analysis can be found at www.gtci2017.com.