Indonesia ranks 90th in global talent competitiveness (Photo: Jakartaglobe) Jakarta (VNA) – Indonesia scored 36.81points in the Global Talent Competitiveness Index (GTCI) 2017 and placed 90th out of 118 countries, the Jakartaglobe website reported on January 17.
Indonesia scored better than India which came 92nd inthe index. Its neighboring country Singapore scored 74.09 points, second placeglobally, behind Switzerland, and Malaysia took 28th with 56.41 points.
According to the report, Indonesia's ability to competefor the best talent and grow its skilled workforce has stagnated relative toits regional peers.
The report said Indonesia "has a long way togo" in terms of cultivating talent to support its growth amid a shift inthe global economy led by rapid advancement in machines and technology.
Technology and machines willinevitably replace some workforces, so countries like Indonesia need to"rethink" their growth models and invest in workforce skillsimprovement, the report said.
On the positive side, the report noted that a high-skilledworkforce is increasingly desired by Indonesian business leaders, opening up thepossibility of developing a skilled labour force.
The report found that most high-ranking countries aredeveloped and high-income European countries.
GTCI measures how countries grow, attract and retaintalent and provide resources for government, investors and employers to makebetter policies and decisions.
The index drew data from public sources, such as theUnited Nations Educational, Scientific and Cultural Organisation, the WorldBank's the World Governance Indicators and the Doing Business Report and theWorld Economic Forum’s Executive Opinion.
This year's report highlighted the effects oftechnological disruption on talent competitiveness. It was published by theBusiness School for the World in cooperation with the global staffing firmAdecco Group and Singapore-based educational consultant Human CapitalLeadership Institute.-VNA
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