The Global Talent Competitiveness Index

Good news for the Republic – it is ranked 2^nd in the 2013 INSEAD GTCI (Global Talent Competitiveness Index). INSEAD is the largest graduate business schools in the world. The school aims to bring together people regardless of the culture and their perspectives. INSEAD has three campuses located in France, Abu Dhabi and Singapore.

The Singapore campus was opened in 2000. Apart from teaching, the school also conducts research to furnish business leaders with the necessary knowledge and understanding to function anywhere in the world. INSEAD partners with other schools like Wharton School, Kellogg School, John Hopkins University and Tsinghua University to provide students with multi-disciplinary approach.

On November 26, 2013, Singapore INSEAD launched the GTCI. According to INSEAD, Singapore is the only Asian country in the top twenty of the GTCI. The objective of this index is to gauge the competitiveness of the nations based on their capacity to produce talent and maintain them. The index is founded on fifty variables collected in six theoretical pillars. GTCI is similar to GII (Global Innovation Index) and GITR (Global Information Technology Report).

GTCI is a product of partnerships between various agencies like Adecco and the infamous Human Capital Leadership Institute. The result hopes to bring together decision makers and stakeholders to confer solutions when it comes to producing talent and maintaining them.

Switzerland dominated the index. Singapore is second and Denmark is placed on third. United States of America ranked 9^th. Other Asian countries like Japan (21^st), South Korea (28^th), Malaysia (37^th), China (47^th), Mongolia (58^th), Thailand (72^nd) and the Philippines (73^rd) did not performed well. The index includes about one hundred three countries.