10 April 2018
Singapore retains its top position in Asia Pacific for the fifth consecutive year in the Global Talent Competitiveness Index (GTCI) 2018, announced today during GTCI’s Asia Launch Event at INSEAD campus in Singapore.
Produced in partnership with The Adecco Group and Tata Communications, the GTCI is an annual benchmarking report that measures the ability of 119 countries to compete for talent.
With the theme of ‘Diversity for Competitiveness’, the GTCI 2018 examines two types of diversity: cognitive (differences in knowledge, experience and perspectives) and identity (gender, race, age etc.). The report underscores the importance of diversity for building innovative teams and to equip organisations with the ability to address the needs of markets and operations in multicultural environments. The report underlines that diversity is also an investment: people are often ill equipped to collaborate with others who are different from themselves. Leveraging diversity for competitiveness hence requires resources, commitment and leadership.
In GTCI 2018, six Asia-Pacific countries rank in the top 30: Singapore is first (and second globally), followed by Australia (11th), New Zealand (12th), Japan (20th), Malaysia (27th) and South Korea (30th). Read more here.