About Us / Our work
The HR Think Tank uses the Global Talent Competitiveness Index (GTCI) as a guide in its work to improve South Africa's talent competitiveness, and has aligned its focus areas to those in which South Africa performs poorly on the index.
About the Global Talent Competitiveness Index:
The GTCI, produced by INSEAD business school in collaboration with The ADDECCO Group and TATA Communications, is a comprehensive annual benchmarking measuring how countries and cities grow, attract and retain talent, providing a unique resource for decision makers to understand the global talent competitiveness picture and develop strategies for boosting their competitiveness.
The index aims to provide decision makers in public and private sectors with a tool to assess factors affecting talent management and talent competitiveness. The index helps them to:
assess the effectiveness of talent-related policies and practices
identify priorities for action in relevant areas and
inform international and local debate in this arena.
The index follows an ‘input’ – ‘output’ model. On the input side, it tracks indicators that measure a country’s capacity to attract, grow, retain and enable talent. There are two aspects to attracting talent, the first is to draw in creative people from outside the country, and the second to remove existing barriers to entry for the talent pool domestically.
Growing talent relates not only to traditional forms of education, but also to various forms of training, apprenticeships, on-going education, experience and growth opportunities. Perhaps the largest factor in retaining talent is quality of life. Talent is enabled through conducive regulatory, market business and labour environments.
On the output side, the index measures countries' vocational and technical skills (mid-level technical or professional skills), as well as global knowledge skills (high-level skills that enable creativity and problem solving in professional, managerial and leadership roles).
South Africa’s ranking on the index has climbed four places, from 67th in 2017 to 63rd in 2018.
The HR Think Tank has the following overall goal:
THE HR THINK TANK MUST AIM TO HAVE SOUTH AFRICA RANKED AMONG THE TOP 50 COUNTRIES BY 2024.
To achieve this goal the HR Think Tank focuses on five specific areas:
Education and Development
Vocational/ Technical Skills
Business/ Government/ Labour Relationships
Ultimately the HR Think Tank works to improve South Africa’s talent competitiveness through targeted research and interventions in key areas. It aims to shift the country’s trajectory by pursuing the conditions for people to reach their potential in the world of work. Members help to shape and influence policy and the broader challenges facing HR and labour.
We raise awareness on important issues, bring new ideas to the front and provide solutions for decision makers to consider. We provide evidence based commentary on current and future challenges with regard to human capital in South Africa.