1、A report produced in collaboration with Towers Watson, AIG, American Express, British American Tobacco, the Center for Effective Organizations at the University of Southern California, Cummins, Coca-Cola, Edison International and the Organization of American States Global Talent 2021 How the new geo
2、graphy of talent will transform human resource strategies OXFORD ECONOMICS2 Global Talent 2021 How the new geography of talent will transform human resource strategies Executive summary Tectonic market shifts are transforming the global business landscape. Economic realignment, advances in technolog
3、y, the globalization of markets, changing demographic trends, new customer needs and increased competition are radically altering how companies operate in virtually every industry and region of the world. Evidence of this new world order can be seen in the trade numbers. In 1990, the total of the wo
4、rlds exports and imports accounted for only 30% of the worlds GDPtoday, they make up more than half. These structural shifts are reshaping both the supply and demand for talent across the globe. To cope with a changing business environment, employers are demanding new skills from their employees, ye
5、t often fnd they are in short supply. The paradox is profound: On the one hand, 40 million workers in the industrialized world are unemployed, according to recent estimates by the International Labor Organization. Yet executives and managers tasked with hiring new workers often say they are unable t
6、o fnd the right people with the proper skills to fll their vacancies. Meanwhile, the sources from which talent might be recruited are also realigning. More talent is being “home grown” in the developing world, and as a result, our forecast shows that over the next decade, new and sometimes unlikely