The Levin Institute's Global Talent IndexTM
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In an increasingly "flat" world, where companies are focusing on the coming "talent wars", The Levin Institute has embarked on a study of the global talent pool. Funded by IBM, the first phase of the Global Talent IndexTM focuses on China's scientific, engineering and management talent pool. This national talent index is a compendium of data and analysis on the supply and demand of high-level professional talent in China. It assesses the quality, specialization, and utilization patterns of high level talent in the fields of science, engineering, and professional services. This study's assessment of the strengths and weaknesses of the evolving Chinese talent pool will be a useful tool both for businesses that are scouring the world for new, dynamic investment opportunities and for governments that are seeking to leverage their increasingly rich human resource capabilities. The study examines the supply and demand of high end talent through the use of a statistical forecasting model that ties together the impact of economic and technology change with the growing requirements for high quality talent in China. The study also covers the impact of geographic and demographic trends on the supply of talent with projections ranging up to 2020. Following the successful completion of the China study, we are moving ahead with examining the "talent index" of others countries including, among others, India and Singapore. The China project is a pilot in terms of developing a viable model to quantitatively account for the key drivers of growth across the talent pool of key selected economies. The Levin Institute's model is based on the assumption that the growth of science and technology personnel correlates best with changes in the following factors:
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