As world leaders gather in Davos with a full agenda at the fringes of the event key strategists are discussing the global search for skilled professionals.
Most developing countries are suffering from an acute lack of talent across all occupations and sectors and each country attending Davos is fighting a Talent battle with fellow countries to gain the edge and get ahead of the competition.
In Asia the battle for Talent is intense and as China expands the drive to bring home expatriates is gaining momentum with back 4 Good operating in Shanghai, Hong Kong and Beijing.
Demand for highly skilled workers in South East Asia is projected to grow by 41% or 14 million workers between 2010 and 2025.
Almost three million South East Asian professionals are working in Europe, North America and Oceania at a time when their home region is suffering significant skills shortages and they have decided that it is time for these skilled workers to go back for good.
Only Singapore (13) among South East Asian countries is ranked in the top 20 in the World Economic Forum 2016 Human Capital Report for the quality of its workforce with Myanmar rated 109th of the 130 countries assessed, laos is 106th and Cambodia is 100th.
Discussions on the fringe in Davos are centring around the need to develop a skills gap strategy to grow the number of skilled workers that are available in each country and to encourage skilled professionals to return home to their own Country or region and pass on the skills that they have obtained overseas to the local workforce.
This strategy is best demonstrated by Back 4 Good which has developed its unique concept with a focus on returning skilled professionals to their own city, town or village and if additional skills are required the Back 4 Good Academy reflects the demands of each labour market by providing bespoke training and developments courses in a timely manner and online.
We welcome the Talent debate that is taking place at Davos and are pleased that our unique concept is under consideration as a winning solution to a worldwide problem.
