Mapping Global Talent: Essays and Insights - Heidrick & Struggles

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Appendix C Global Talent Index weighting Seven major areas were determined to be of importance in researching and analysing the factors that determine a country’s potential for producing talent. These are listed here in the tables on the right. As the final step in the data analysis, the project team from Heidrick & Struggles and The Economist Intelligence Unit applied their judgement to set the weights of the different variables in the overall ranking by assigning scores from 1 to 5 for each variable (where 1 = unimportant and 5 = critical importance). For example, in assessing the quality of compulsory education, the starting age of a country’s compulsory education was judged to be much less significant than its adult literacy rate which were weighted 1 and 5 respectively. This process ensures that the final scores include a degree of insight from the project team based on its specialist knowledge of the subject. Heidrick & Struggles Mapping Global Talent: Essays and Insights indicator weight: 1 to 5 Demographics Population aged 20-59 nnnnn CAGR Population aged 20-59 (%) 0 Quality of compulsory education sectors Duration of compulsory education nnnn Starting age of compulsory education 1 n Current education spending (% of GDP) nn Current education spending per pupil as a % of GDP per capita Primary school enrollment ratio (%) nn nnnn Secondary school enrollment ratio (%) nnnn Mean years of schooling nnnn Adult literacy rate (% of pop over 15) nnnnn Pupil/Teacher ratio, primary nn Pupil/Teacher ratio, lower secondary nn Pupil/Teacher ratio, upper secondary nn Quality of universities and business schools Gross enrollment ratio ISCED 5 & 6 Total nnnn Number of business schools ranked in world’s top 100 Number of universities ranked in world’s top 500 Expenditure per student for higher education (as % of GDP per capita) Quality of the environment to nurture talent Share of the population aged 25-64 with tertiary level education Percentage of higher education graduates in the Social Sciences, Business and Law Percentage of tertiary graduates in the Sciences nn nnn nnn nnn nn nnnn Researchers in R&D (per m pop) nnnn Technicians in R&D (per m pop) 1 n indicator weight: 1 to 5 R&D as % of GDP nnnnn Cost of living nnn Degree of restrictiveness of labor laws nnnn Wage regulation 1 n Quality of workforce nnnn Local managers nnnn Protection of intellectual property rights 1 n Protection of private property nnn Meritocratic remuneration nnnn Mobility and relative openness of the labor market Number of students studying overseas nn Number of overseas students studying in country as a % of tertiary enrollment nnnn Language skills of the labor force nnnnn Hiring of foreign nationals nnnn Openness of trade (exports + imports % of GDP) Stock and flow of foreign direct investment Average flow of FDI in previous five years (% of GDP) Average stock of FDI in previous five years (% of GDP) Proclivity to attracting talent 0 nnn nn Technical skills of the workforce nnnn Personal disposable income per capita (US$ bn) nnnn Employment growth nnn GDP per capita 0 GDP per capita (PPP) nnnn Nominal USD GDP nnn PPP GDP nnn Real GDP growth (%) nnn
Appendix D Overall GTI rankings The two tables on the right show the ranking that each of the thirty countries achieved in the study in 2007 and the projection forward five years to 2012. The arrows between the columns show movement in rank over the five-year period. Red arrows show warming talent, blue shows where talent is cooling and green indicates where no change has occurred. 2007 rank country GTI score 1 US Canada Netherlands UK Sweden Germany Australia China 10 India 11 Spain France 1 1 Malaysia 1 Poland 1 Italy 1 South Korea 1 Japan 1 Argentina 1 Russia 1 Ukraine 0 Greece 1 Mexico 1 Thailand 1 Brazil 0 South Africa Egypt Turkey Nigeria Saudi Arabia Indonesia 0 Iran 21 2012 rank country GTI score 1 US Global Talent Index, developed in co-operation with the Economist Intelligence Unit UK Canada Netherlands Sweden China Germany Australia France 10 India 1 11 Spain 1 Malaysia 1 South Korea 1 Japan 1 Poland 1 Italy 1 Ukraine 1 Russia 1 Mexico 0 Greece 1 Argentina Thailand 0 South Africa 0 Egypt Brazil Turkey Saudi Arabia Nigeria Indonesia 0 Iran 1
Page 1 and 2: Mapping Global Talent P A C I F I C
Page 3 and 4: contents Executive summary, 2 Essay
Page 5 and 6: BRIC is IC A key finding revealed b
Page 7 and 8: From a search consultant’s point
Page 9 and 10: The case of Procter & Gamble highli
Page 11 and 12: universities and business schools w
Page 13 and 14: employee turnover, which it attribu
Page 15 and 16: “In a recent survey of US and Eur
Page 17 and 18: have the competitive advantage of b
Page 19 and 20: There will also be significant dema
Page 21 and 22: Appendix A Methodology The Global T
Page 23: Puerto Rico Venezuela Guyana Surina
Page 27 and 28: Appendix F Quality of compulsory ed
Page 29 and 30: Appendix H Quality of the environme
Page 31 and 32: Appendix J Stock and flow of foreig
Page 33 and 34: Further reading available on www.he
Page 35 and 36: Nepal Bangladesh Bhutan Bay of Beng

Mapping Global Talent: Essays and Insights - Heidrick & Struggles

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