The Global Talent Competitiveness Index is an annual benchmarking study, conducted by INSEAD, that measures countries' ability to compete for talent worldwide. The theme for 2015-16 GTCI is "international mobility and its impact on talent competitiveness."
Taking over 100 economies, the study ranks countries based on their ability to develop, attract and retain talent. Switzerland appears to have dominated the GTCI rankings. Other European countries have not failed to dominate as well, with 16 making it to the top 25. The Middle East did not fail to impress though. The UAE and Qatar dominated the rankings, making it to the top 25 in overall GTCI rankings.
The GTCI rankings offer an overall ranking as well as a regional one, in our case regional countries fall under "Northern Africa and Western Asia." Here's a brief breakdown of how well countries in the region performed:
UAE: #23 overall ; #1 regional
Qatar: #24 overall ; #2 regional
Saudi Arabia: #42 overall ; #5 regional
Kuwait: #51 overall ; #6 regional
Jordan: #70 overall ; #10 regional
Lebanon: #77 overall ; #13 regional
Egypt: #88 overall ; #14 regional
Morocco: #93 overall ; #15 regional
Algeria: #104 overall ; 16 regional
According to the report, the UAE and Qatar are good at attracting foreign workers and businesses whereas Jordan has the potential to host creative talent and has succeeded in attracting foreign talent. Saudi Arabia performed better than many European countries, but is still lagging regionally.
One of the critical factors in determining a country's ranking has to do with how well the country enables, attracts, grows and retains talent. From the region, the UAE ranked among the top countries for "retaining" talent.
In terms of where the rest of the region stands in terms of enabling, attracting, growing and retaining talent, here's the breakdown:
The region has done well this year. Here's to attracting and retaining more talent in 2016!
Read the full report here .