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01/29/07
Focusing Talent Strategies on Emerging Markets
The Economist Intelligence Unit’s CEO Briefing: Corporate priorities for 2007 and beyond sends a clear global talent message. More than 1,000 executives (half of them at C-level) responded to The Economist’s online survey. Note this finding:
“The dynamism of emerging markets largely explains the spring in the executive step. For the second year running, rising demand in the developing world is seen as the most critical force at play in the global marketplace. A clear majority of respondents intends to invest more time and money in emerging markets over the next three years than in developed markets.”
According to 50% of executives, the most significant factor to growth in emerging markets is the talent gap:
“One of the biggest problems that businesses will contend with in 2007 is a shortage of talent. This is especially true in emerging markets, where one in two respondents identify a lack of available talent as the primary barrier to growth.”
Also, 22% of executives expect to invest heavily in recruitment/talent—even more than in IT infrastructure and operations & production. For HR, the message is to revisit your talent strategies for emerging markets. At Taleo, we’ve anticipated this need. Here are some resources:
Listen to our archived webcast: Recruiting in Emerging Markets
Hear Judy Panagakos of JPMorgan Chase, Frank Wittenauer of Deloitte Touche Tohmatsu, Pete Engardio of BusinessWeek, and Don Chun of Taleo offer expert advice on developing recruiting strategies to succeed in China and India.
See how the Taleo Global Foundation can help you succeed. Read the Talent Management International overview article. Then download the free Managing Global Deployments white paper.
Taleo Blog - Talent Management Solutions
Taleo's Talent Management Solutions Blog is about developments in Talent Management - from its definition and practices - to the latest research in the field.
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| Alice Snell Vice President, Taleo Research Send a comment to the author at research@taleo.com |
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