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CRITERIA OF GLOBAL TALENT COMPETITIVENESS: CASES OF TURKEY & LITHUANIA

Year 2015, Volume: 10 Issue: 1, 0 - 0, 11.01.2016

Abstract

The new system of comparative assessment of global talent competitiveness (GTC) & evaluation of its effective use is one of the accents of latest knowledge economics developments. At the same time, the comparisons of more detailed international evaluation constructed on this approach (by INSEAD together with Human Capital Leadership Institute) can reveal the reliability of criteria of this technique used by scientists for determining the impact of talents growth on the economic competitivity in general.
The authors of the performed study provided a theoretical framework and empirical viewing for the complex evaluation of the GTC determinants based on multiple criteria assessment methodology. The principal approach was to compare the results of international comparisons of GTC and the situation in fact taking Lithuania for a case study and comparing it with evaluation of Turkey. The formulated main multiple criteria evaluation principles are focused on the knowledge components interdependencies with global talent determinants, also criterial systems used for the innovation strategies & comparative criterial evaluations.
The proposed research approach is oriented towards detailing & suggestions concerning widely used GTC criterial system for purposes of evaluation of the talent potential determinants in particular country with account of multicriteria decision making system possibilities. The GTC index is an important analytical instrument for developing global talent management, distributing material & intellectual resources for stimulating talented people, also programming tax incentives for business to train employees; anticipating some shortages of human capital and highly skilled labour. The practical evaluation of more detailed comparisons of the GTC pillars in the research confirmed the reliability of GTC criteria for evaluating the talents growth determinants and their impact on the economic competitivity in general. The analysis done in the review also substantiated the premises for a new GTC approach to strategic programming of sustainable economic development.

References

  • Bilbao-Osorio, B., S. Dutta, and B. Lanvin eds. (2013). The Global Information Technology Report. World Economic Forum and INSEAD.
  • Buracas A., Zvirblis A. (2013). Knowledge Potential: Main Aggregated Assessment Principles. Journal of Knowledge Economy and Knowledge Management, Spring Vol., 2013, p. 63-85. Retrieved from: http://beykon.org/dergi/2013/SPRING/ A.Buracas.pdf.
  • Dutta S., B. Lanvin and S. Wunsch-Vincent eds. (2013). The Global Innovation Index 2014. The Human Factor in Innovation. Retrieved from: http://www.globalinnovationindex.org/userfiles/file/reportpdf/GII-2014-v5.pdf.
  • Evans, P., V. Pucik, and I. Björkman (2011). The Global Challenge: International Human Resource Management. New York: McGraw-Hill. The Global Competitiveness Report 2013-2014. Ed. by K. Schwab. Retrieved from: http://reports.weforum.org/the-global-competitiveness-report-2013-2014/
  • The Global Talent Competitiveness Index (2013). Ed. by Bruno Lanvin & Paul Evans, p. 42; 98,143 a/o. Retrieved from: http://global-indices.insead.edu/gtci/ documents/ gcti-report.pdf
  • The Global Talent Index, 2011-2015. (2011). Ed. by Economist Intelligence Unit, Heidrick & Struggles. Retrieved from: http://www.managementthinking.eiu.com/sites/default/files/downloads/ GTI%20 FINAL%20 REPORT%205.4.11.pdf
  • Global Talent Risk – Seven Responses (2011). World Economic Forum. Retrieved from: http://www3.weforum.org/docs/PS_WEF_GlobalTalentRisk_Report_2011.pdf
  • Huovari J. et al. (June 2001). Constructing an Index for Regional Competitiveness. Pellervo Economic Research Institute Working Papers, No 44. Retrieved from: http://ptt.fi/dokumentit/tp44_10080608.pdf
  • Hüsing et al. (2013). e-Leadership: e-Skills for Competitiveness and Innovation. Vision, Roadmap and Foresight Scenarios. Final report. Retrieved from: http://ec.europa.eu/ enterprise/sectors/ict/files/eskills/ vision_final_ report_en.pdf
  • Kumar, K., and D. van Welsum (2013). Knowledge-Based Economies and Basing Economies on Knowledge – Skills a Missing Link in GCC Countries. Research Report RR-188-GCC, The RAND Corporation, Santa Monica, CA
  • B. Lanvin. The World‘s Most Innovative Countries 2014. Retrieved from: http://knowledge.insead. edu/entrepreneurship-innovation/the-worlds-most-innovative-countries-2014-3470
  • Social Progress Index 2014. Retrieved from: http://www.socialprogressimperative.org/data/spi#data_table/countries/dim2/dim1,dim2,dim3
  • Talent Shortage Survey Research Results (2012). Manpower Group Retrieved from: http://www.manpowergroup.us/campaigns/talent-shortage-2012/pdf/2012_Talent_
  • Shortage_ Survey_Results_US_FINALFINAL.pdf
  • Stimulating Economies through Fostering Talent Mobility (2013). Geneva: World Economic Forum. Retrieved from: http://www3.weforum.org/docs/WEF_PS_TalentMobility _report_2010.pdf
  • Supporting Investment in Knowledge Capital, Growth and Innovation (2013). Paris, OECD.
  • The Survey of Adult Skills (2013). Paris, OECD.
Year 2015, Volume: 10 Issue: 1, 0 - 0, 11.01.2016

Abstract

References

  • Bilbao-Osorio, B., S. Dutta, and B. Lanvin eds. (2013). The Global Information Technology Report. World Economic Forum and INSEAD.
  • Buracas A., Zvirblis A. (2013). Knowledge Potential: Main Aggregated Assessment Principles. Journal of Knowledge Economy and Knowledge Management, Spring Vol., 2013, p. 63-85. Retrieved from: http://beykon.org/dergi/2013/SPRING/ A.Buracas.pdf.
  • Dutta S., B. Lanvin and S. Wunsch-Vincent eds. (2013). The Global Innovation Index 2014. The Human Factor in Innovation. Retrieved from: http://www.globalinnovationindex.org/userfiles/file/reportpdf/GII-2014-v5.pdf.
  • Evans, P., V. Pucik, and I. Björkman (2011). The Global Challenge: International Human Resource Management. New York: McGraw-Hill. The Global Competitiveness Report 2013-2014. Ed. by K. Schwab. Retrieved from: http://reports.weforum.org/the-global-competitiveness-report-2013-2014/
  • The Global Talent Competitiveness Index (2013). Ed. by Bruno Lanvin & Paul Evans, p. 42; 98,143 a/o. Retrieved from: http://global-indices.insead.edu/gtci/ documents/ gcti-report.pdf
  • The Global Talent Index, 2011-2015. (2011). Ed. by Economist Intelligence Unit, Heidrick & Struggles. Retrieved from: http://www.managementthinking.eiu.com/sites/default/files/downloads/ GTI%20 FINAL%20 REPORT%205.4.11.pdf
  • Global Talent Risk – Seven Responses (2011). World Economic Forum. Retrieved from: http://www3.weforum.org/docs/PS_WEF_GlobalTalentRisk_Report_2011.pdf
  • Huovari J. et al. (June 2001). Constructing an Index for Regional Competitiveness. Pellervo Economic Research Institute Working Papers, No 44. Retrieved from: http://ptt.fi/dokumentit/tp44_10080608.pdf
  • Hüsing et al. (2013). e-Leadership: e-Skills for Competitiveness and Innovation. Vision, Roadmap and Foresight Scenarios. Final report. Retrieved from: http://ec.europa.eu/ enterprise/sectors/ict/files/eskills/ vision_final_ report_en.pdf
  • Kumar, K., and D. van Welsum (2013). Knowledge-Based Economies and Basing Economies on Knowledge – Skills a Missing Link in GCC Countries. Research Report RR-188-GCC, The RAND Corporation, Santa Monica, CA
  • B. Lanvin. The World‘s Most Innovative Countries 2014. Retrieved from: http://knowledge.insead. edu/entrepreneurship-innovation/the-worlds-most-innovative-countries-2014-3470
  • Social Progress Index 2014. Retrieved from: http://www.socialprogressimperative.org/data/spi#data_table/countries/dim2/dim1,dim2,dim3
  • Talent Shortage Survey Research Results (2012). Manpower Group Retrieved from: http://www.manpowergroup.us/campaigns/talent-shortage-2012/pdf/2012_Talent_
  • Shortage_ Survey_Results_US_FINALFINAL.pdf
  • Stimulating Economies through Fostering Talent Mobility (2013). Geneva: World Economic Forum. Retrieved from: http://www3.weforum.org/docs/WEF_PS_TalentMobility _report_2010.pdf
  • Supporting Investment in Knowledge Capital, Growth and Innovation (2013). Paris, OECD.
  • The Survey of Adult Skills (2013). Paris, OECD.
There are 17 citations in total.

Details

Journal Section Articles
Authors

Antanas Buracas This is me

Publication Date January 11, 2016
Published in Issue Year 2015 Volume: 10 Issue: 1

Cite

APA Buracas, A. (2016). CRITERIA OF GLOBAL TALENT COMPETITIVENESS: CASES OF TURKEY & LITHUANIA. Bilgi Ekonomisi Ve Yönetimi Dergisi, 10(1).