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TALENT BEYOND

BONDERS
Review on article talent beyond bonders

SUBMITTED TO:
DR. N.VENKATESH
RVIM, BANGLORE

By:
RAJAN KALAL
141GCMD085
RVIM, BANGLORE

Review on article TALENT BEYOND


BORDERS
Issue Sep 2014, people matters, by-Vikram Choudhury.
The migration of people is been common across the world. The mass production era of global
village witness huge transfer of talent from various countries saw developed nations like the
US, the UK and Australia steadily becoming the hotbeds of skilled talent from across the
globe. While these economies continue to enjoy the privilege of hot talent destinations to
date, there is a new world order emerging on the other side. And this world order does not
feature the US, the UK and Canada in the Top 10 According to LinkedIns study of its global
database, the United Arab Emirates, Switzerland, and Saudi Arabia have become the highest
importers of talent. Even Singapore and India are becoming one among the highest importers
of global talent.
The perception of India is major exporter of talent will vanish in 10 years. The oxford
economics study says that Asia will be importing global talent 22.2% rate by 2021 the closest
competition will be Latin America.
Emerging economies India and china fighting tooth and nail to import talent. The study done
by PWC talent mobility 2020 shows that western countries are finding hard to fight with
emerging economies like brazil, china, India, and Russia and Linkedin analysis shows that
the tech talent most prefer destination is Bangalore, Pune, Chennai and Hyderabad not silicon
valley.
In order to acquire talent governments are taking initiatives to meet industrial demands are
fine tuning there policies for immigration in their countries. Erasing administrative hurdles,
making immigration and visa norms easier, and creating an attractive environment,
organisations globally can view the talent globe as border less one.
Many Indian companies such as Godrej, Aditya Birla and Wipro are hiring aggressively from
global business school and graduate colleges to fuel their expansion plans in south-east Asia,
Latin America, the US and Africa. Hiring blend of global and local knowledge and global
expertise. Infosys announced to hire 200 from overseas B-schools to create a global talent
pool. The number of IIMs and ISBs who chose to stay back in India after completing their
education have also risen.

National skill development says The developing world is facing a shortage of soft skills as
languages, leadership and communication countries also facing hard skill problem as finance
IT, R&D, healthcare and construction. In India companies hire expats from globe in Airlines
and hospitality and this trend will continue this industry has employed many repatriate talent
in India.
Conclusion
Having global workforce will not only be reality but also necessity to business corporations
with evolving preference and talent movement becoming easier and favourable government
policy. Its also necessary to build in order to create diversity culture and bring up disruptive
ideas and to avoid obsolesce so Indian organisations should look forward build global
workforce.

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